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Archive for 2007

Pay for Transit Using Your Phone: Sprint, Western Union Partner to Deliver New Payment Service

Friday, December 21st, 2007

As a long-time user of EZ Rider, a contactless payment method used on my local transit carrier (BART), I was pleased to see an even better alternative: paying for my tickets with my mobile phone. Instead of swiping the EZ Rider card, the service allows you to swipe your mobile phone over the sensors to […]

Payments on Facebook

Thursday, December 20th, 2007

The Financial Times reports that Facebook is planning to build “a payments system that would allow application developers to conduct transactions through the Facebook site.” The article cites a Facebook Developer Forum post asking for beta testers “to become part of a beta group of developers to discuss payments on Facebook.” Below is an excerpt […]

Personal Finance Blogs: Real People with Real-World Advice

Wednesday, December 19th, 2007

There’s nothing like talk of recession to bring out money soothsayers willing to give personal finance advice. Everyone from your long-lost uncle to the neighbor next door all seem itching to dispense words of wisdom on how to grow your money. And the blogosphere has been no exception to this trend, with some truly fantastic […]

Wesabe Goes Mobile

Wednesday, December 12th, 2007

Wesabe today launched a mobile version of their personal finance management application. Like other mobile applications, it’s a slim down version of their Web application with the ability to enter cash transactions.
From their Wheaties for Your Wallet blog:
We’ve had a number of people testing out the mobile site, and the feedback we’ve gotten the most […]

Test Driving Bank of America’s SafePass

Wednesday, December 5th, 2007

How secure is secure enough for online banking? With identity theft on the rise, the answer increasingly is that it’s  never enough, which explains the rise of two-factor authentication features. These are typically one-time passwords that are generated and displayed to an offline device, usually a mobile phone or fob. Recently, several banks have […]

Bank Feeds: Your Financial Data When and Where You Want It

Thursday, November 29th, 2007

With the rise of news feeds delivering just about any kind of information when and how you want it, are bank feeds far behind? Well, the reality is that the future is now. Behold automated bank feeds. Sites like Yodlee, QuickBooks and New Zealand’s Xero work with banks to collect and automatically import your financial […]

What if Your Bank Branch Was Like the Apple Store

Wednesday, November 28th, 2007

Chris Skinner in his blog post “Bank strategies are fundamentally flawed” writes that banks should stop thinking of channels and just recognise that they are IP-enabled. He bemoans that banks have been left behind in the internet revolution, and that…
The ATM, call centre and internet channels were all built as layers of cake created when […]

Payment Technology Chinese Style

Tuesday, November 20th, 2007

James Fallows, one of the more prolific and curious writers around, writes in his blog about the 3 ways he has paid for transportation in China. It is a technology shift that is, as he puts it, happening in real time and rapidly changing how we think about money.
The joys of never having to find […]

Revolution MoneyExchange, New P2P Website, is Live

Thursday, November 15th, 2007

Steve Case’s new venture, Revolution Money, just launched MoneyExchange, a PayPal-like service for sending and requesting money online from other people.
Just like PayPal, it lets you create a free account, link your bank account to it, and you’re off and running. Its user interface is clean and very much in the Web 2.0 mold. What […]

Washington Mutual Becomes First U.S. Customer of Mobile Banking Provider M-Com

Wednesday, November 14th, 2007

We recently reported on M-Com, a New Zealand mobile technology company that provides one of the best mobile banking experiences around, including Person-to-Person payments and mini-statements. Well, it appears someone was listening. Banking Unwired has learned that Washington Mutual is set to become the first U.S. bank to use M-Com to deliver its mobile banking […]





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