US Bank Launches Sweepstakes for Downloading Mobile App

Now through January 31, 2016, US Bank is running a "Happy New You" Sweepstakes for customers who download the company's Your Community app. With more than 100 prizes available valued up to $10,000, US Bank is offering a free daily … Continue reading

Data Vulnerabilities Found on the Back End of Mobile Apps

A new report shows improper coding practices for mobile applications could pose a huge security threat for sensitive personal information, including full names, passwords, financial transactions and health records. This data should be protected by back-end protocol that is not currently … Continue reading

Android Pay Now Available for In-App Payments

Android announced on its blog yesterday that consumers can now use Android Pay to purchase items within many apps. "Since our launch this Fall, we've seen millions of people set up Android Pay, and the vast majority of them are using tap and … Continue reading

Businesses Investing Much More in Mobile App Development

Nine out of ten large private companies plan to increase their investment in mobile application development in the next year, according to a survey from Red Hat. These companies will increase their expenditures on mobile apps by an average of … Continue reading

Generation Z Ready to Shake Up the Banking Industry

Just as the banking industry gets a handle on Millennials, a whole new generation of consumers is on their way: Generation Z. According to the 2015 TD Bank Checking Experience Index, this up-and-coming generation wants to see more debit cards … Continue reading

New Chase Freedom App Redeems Rewards at Checkout

Recently, Chase introduced a mobile app specifically for the Chase Freedom card, which allows Chase Freedom cardholders the opportunity to redeem their cash back rewards and pay at the register at 30 top merchants. With the new Chase Freedom Mobile … Continue reading Weekly Credit Card Update–September 17, 2015

Bank of America Reveals Details of Biometric Smartphone App Bank of America has launched a mobile banking app which uses fingerprint and Touch ID sign-in. The bank says its new fingerprint and Touch ID sign-in capabilities provide eligible Android, iPhone … Continue reading

Fingerprint Security Introduced for Bank of America Mobile App

Nearly half of mobile device owners in America have used mobile banking at least once in the last month, according to a recent study. But with this usage comes one major concern: the security of such transactions. Bank of America … Continue reading

Google Finally Launches Android Pay

After much anticipation, Android Pay is finally here. Google launched its mobile wallet yesterday, starting with a small group of Android phones running on the Android 4.4 KitKat operating system at a minimum. The NFC payment system is scheduled to … Continue reading

Credit Union Launches First Mobile Banking App for Smartwatches

Credit union customers in Ohio are the first in the country to be able to do mobile banking on their smartwatches, thanks to the new Android Wear app from Wright-Patt Credit Union. The new app, developed by Digital Insight, is … Continue reading

Alibaba Launches Mobile App Equipped with Apple Pay

Chinese ecommerce merchant Alibaba is making its way into the United States market, thanks to their retail store on the web called 11 Main. Alibaba customers can make purchases with new mobile apps for both iPhone and Android phones. An … Continue reading

PayPal Launches One-Touch Mobile Checkout for Apps

PayPal is aiming to make mobile app payments a little easier with the launch of its new product, One Touch. This platform helps merchants and app developers give their customers a convenient way to pay for products and services. One Touch … Continue reading

Scan Credit Cards into Google Play to Pay for Apps

Google Play is getting a major makeover when its 5.0 version comes out. Among the many features to be added to the program, Google will now allow you to scan credit cards into your phone to pay for apps you want … Continue reading

PayPal Here Redesigned to Accept Chip-and-PIN Credit Cards in Australia

PayPal Here is a mobile app and bluetooth device which allows small businesses in Australia to accept credit cards on their smartphones. The new model is designed to work with chip and PIN cards. Users will not have to plug … Continue reading

Security Flaws in Fandango, Credit Karma Apps Put Consumer Card Data at Risk

The Federal Trade Commission has reached a settlement with movie ticket seller Fandango and credit report provider Credit Karma over charges that they failed to secure the transmission of consumers’ personal information from their mobile apps. The FTC alleged that … Continue reading Weekly Credit Card Update–February 28, 2014

Financial, Retail Industries Keep Cybersecurity Mistakes and Punishments Secret Even as cyberthreats grow in frequency and sophistication, the system for ensuring payment card security in the United States remains a closely guarded arrangement among the credit card networks who set … Continue reading

PayPal Continues to Go Mobile with StackMob

In an effort to claim an even bigger stake in the mobile payment market, PayPal has purchased the app-development company StackMob. The exact terms of the deal have not been disclosed at this time, but PayPal has confirmed that 18 … Continue reading

MasterCard Profits from Google Wallet

The launch of Google Wallet is benefiting more than just Google. It's putting money onto MasterCard's income statement, too. The Google Wallet is a digital substitute for an actual wallet, storing all your credit, debit and gift cards. It is backed … Continue reading

Mobile Banking Likely to Cost Consumers

More Americans are turning to mobile banking because it is fast, convenient and free. You can manage your accounts directly from your smartphone, whether it be deposits or transfers. What would happen if you suddenly had to pay for this … Continue reading

Western Union Goes Mobile with U.S. Bank

Western Union, one of the largest money wiring networks in the world, recently announced that it would be partnering with U.S. Bank to offer mobile banking. U.S. Bank customers will be allowed to send money to other people directly through the … Continue reading Weekly Credit Card Update November 21

Mobile Apps Aim to Steer Consumer Credit Card Choices There are two new mobile apps which help cardholders select the best credit card to use at checkout. Wallaby Financial released a free app that helps iPhone users determine which card … Continue reading