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Archive for January 12, 2012

Infographic: Online Banking Raises Security Concerns

January 12, 2012 Leave a comment


ZoneAlarm has released an infographic on the security concerns related to online banking.
Via www.banking2020.com

Why 2012 will be the Year of Prepaid Credit Cards

January 12, 2012 Leave a comment


Prepaid cards have something of a bad image — hidden fees, no protection if they’re stolen, not a method of building credit — but mark my words, that image is going to improve….
Via www.foxbusiness.com

This Danish Bank Branch Is Beyond Cool | The Financial Brand: Marketing Insights for Banks & Credit Unions

January 12, 2012 Leave a comment


“In the Danish market, Jyske Bank has introduced a whole new way of delivering financial services, using the theme “Jyske Differences.” Jyske says its “blazing new trails in interior design” with its branches, something that’s hard to argue with after you watch this video”
Via thefinancialbrand.com

TechCrunch | Digital Payments Innovator Jumio Raises $25.5 Million

January 12, 2012 Leave a comment


Kicking off the new year with a fresh wad of cash: according to an SEC filing, mobile and online payments startup Jumio has raised $25.5 million in funding on top of the $6.5 million it raised from Facebook co-founder Eduardo Saverin -…
Via techcrunch.com

eBay Forecasts $8B In Mobile Commerce Volume In 2012; PayPal Will Reach $7B – TechCrunch

January 12, 2012 Leave a comment

“At his CES keynote yesterday evening, eBay CEO (and new interim PayPal CEO) John Donahoe revealed a number of new mobile payments forecasts for both eBay and PayPal. As we heard from PayPal VP David Marcus a few days ago, PayPal surpassed its expectation of $3.5 billion in mobile payments in 2011, reaching $4 billion for the year. Donahoe said in his keynote that eBay reached $5 billion in mobile GMV (gross merchandise volume) in 2011, doubling 2010′s GMV.”
Via wordpress.com

How PayPal plans to scale its in-store payment system

January 12, 2012 Leave a comment


“PayPal is taking a big step forward with its in-store payment system by partnering with AJB Software Designs, which helps connect the point of sale terminals at many top retailers to payment processors and financial institutions….”
Via gigaom.com

Big Banks Struggle to Help Customers on Twitter

January 12, 2012 Leave a comment


“Twitter is proving to be a vexing customer service tool for big banks, says a new report from Javelin Strategy & Research on banks’ use of social media.Customers seem to like the speed and directness of sending a question or complaint to their bank by Twitter, the report found. But banks must weigh the implications of responding quickly with the need to protect a customer’s personal and financial information, like bank account numbers. As a result, they’re “struggling” with how to best use the service, Javelin found.”
Via bucks.blogs.nytimes.com

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