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Mobile banking News

Survey: Canadians love their technology, wary of mobile banking

Many Canadians are embracing mobile tech but they feel security and privacy are important matters when they use their cellphones, according to KPMG International's survey Consumers & Convergence IV.

In the Media by KJ Mullins - 1 comment

Cellphones to Play Vital Role in Personal Banking: Are You Buying It?

Managing finances through your cellphone is the next big tech trend turning the corner in North America. Whether it’s a Web 2.0 biz called Geezeo or Bank of America going mobile, many services are changing the way we handle our money.

In the Media by David Silverberg - 3 comments

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VIDEO: Transferring your money by mobile

A High Street bank has launched a service that allows you to transfer money simply by using a mobile phone.

Mobile money - has its moment come?

A new mobile app allowing people to "text" money to any UK bank account almost instantly is launched by Barclays.

Bankers group pitches cellphones as digital wallets

Canada's biggest banks have unveiled a blueprint for turning cellphones into mobile payment terminals, a key step in a process that could revolutionize the way Canadians pay for purchases at retailers.

How Safe Are Mobile Banking Apps?

Citibank customers who used an iPad app to pay their bills were charged twice, some without their knowledge, the bank said this week. The problem began in July and went undetected until December, the New York Times reported. Andrew Brent, Citigroup spokesman, said the now-fixed problem impacted less than 2 percent of all transactions executed through the iPad.

Watch: Mobile Devices: Gaming and Mobile Tech

ABC's technology producer, Andrea Smith, reviews the latest mobile technology.