Is Mobile Banking Getting Connected? - Digital Transactions

More documents

Recommendations

Info

D I G I T A L T R A N S A C T I O N S . N E T CONTENTS June 2009 ■ Volume 6, Number 6 “Banks face a confusing array of vendors and devices that change almost daily. And, even though mobile banking generates a lot of industry buzz, it has yet to generate any revenue.” page 28 28 Is Mobile Banking Getting Connected? More and more banks are letting customers pay bills, transfer funds, and get alerts via mobile phones. And many services now play to the strengths of smart phones and text messaging. But nobody has yet figured out how to make money from all of this. 6 The Gimlet Eye The Mind of the Regulator 8 Trends & Tactics Who Says There Are No NFC Phones? How Remote Deposit Is Going Mobile; Think Twice Before Reissuing Debit Cards; Behind Online Resources’ Proxy Fight Plus, Security Notes describes some of the most recent ruses hackers have been up to, and the Web Transaction Performance Indexes spotlight winners and losers among the leading credit card and online-banking sites. 18 Acquiring The DVD Kiosk Gold Rush Changing consumer preferences and strong economics are making kiosks that rent DVDs ubiquitous. With Blockbuster moving into the space to challenge dominant incumbent Redbox, kiosks could be just the ticket to revive sagging retail DVD rentals. Up next: digital downloads. 23 Networks The Peril— And Opportunity— in Prepaid Banking Cards The market for prepaid cards that function like traditional debit cards is growing rapidly, but it faces slim profit margins and increasing pressure from the economic downturn and potential regulation. Winning issuers will be innovators that can drive adoption and revenue. 38 Components It May Hurt to Be AWOL on OTP Dongles and cards that generate one-time passwords are nothing new overseas, but they’re only starting to gain favor in the United States. Two big reasons: A surge in online fraud and the move to mobile devices, which cuts costs for issuers. 42 E-Commerce No Longer a Side Order Restaurants are finding that online-ordering systems are ideal replacements for phone orders. But with payments security, technology, and other issues, online ordering is not simply plug and play. 47 Endpoint So You Want to Become a Prepaid Card Program Manager? In the world of prepaid cards, a program manager is much like an ISO. The rewards can be rich, especially as program managers share in the interchange pie, but the costs and risks are substantial. Plan carefully, says Lori Breitzke. Cover photo: LeifStiller/istockphoto Digital Transactions (USPS 024-247) is published monthly by Boland Hill Media LLC, 3 Golf Center, Suite 314, Hoffman Estates, IL, 60169. Periodicals Postage Paid at Schaumburg, IL, and at additional mailing offices. POSTMASTER: Send address changes to Digital Transactions, P.O. Box 3553, Northbrook, IL 60065-3553.
Harness The Power Of Thunder Break-Through Technology by Ingenico Ingenico’s unique dual Thunder/ Booster Chip technology and its innovative engineering takes transaction security, speed and dependability to a new stratosphere. With awesome processing power, dedicated security chip and optimized, robust design, Ingenico’s new Telium 2 product line blows away the competition. More Secure More Powerful More Opportunities More Reliable www.ingenico-us.com 1-800-252-1140
Page 1: VOLUME SIX, NUMBER SIX • DIGITAL
Page 5: Complete and affordable POS solutio
Page 10 and 11: TRENDS & TACTICS TRENDS & TACTICS W
Page 12 and 13: TRENDS & TACTICS TRENDS & TACTICS s
Page 15 and 16: Going up? Today’s shifting demand
Page 17 and 18: Online Resources is differentiating
Page 19 and 20: Thank you to our Agents for their h
Page 21 and 22: Hungry to offer new technology and
Page 23 and 24: SD, or Secure Digital, cards are wi
Page 25 and 26: NETWORKS June 2009 digitaltransacti
Page 27 and 28: Our Program IS As Good As It Looks
Page 29 and 30: users use credit to borrow, not for
Page 31 and 32: Getting Connected? Mobile banking i
Page 33 and 34: SEE US AT IRCE+ NRF LP JUNE 15-17 C
Page 35 and 36: City Bank is considering other conc
Page 37 and 38: YOU have the POWER with the most lu
Page 39 and 40: experience it. the next generation
Page 41 and 42: do point up a widening usage of the
Page 43 and 44: Revolutionary Times Call for a Revo
Page 45 and 46: JULY 22-24, 2009 The 7th Annual MWA
Page 47 and 48: Yes, we’re on the Web. And in you
Page 49 and 50: ENDPOINT So You Want To Become a Pr
Page 51 and 52: How Will You Pick Your RDC Partner?

Is Mobile Banking Getting Connected? - Digital Transactions

You also want an ePaper? Increase the reach of your titles

Delete template?

Save as template?