Notes of Note from John F. Ince

BI research has announced that about 50% of smartphone users are planning to use their devices for mobile banking, including mobile shopping. A parallel announcement this week highlighted the ABI survey findings when Wells Fargo began rolling out its mobile banking pilot.In its survey of 2,000 consumer technology users, ABI said nearly half of the responding smartphone users said they already or will soon use their phones for mobile shopping. A slightly higher percentage — 53% — use or intend to use their smartphones for mobile banking.More Security InsightsWhite PapersShared IT Infrastructure – New Storage Buying CriteriaGARP Report: “Risk Management Systems – Flaws, Fixes and Future Plans.”ReportsBreach DiariesVirtual Servers, Real RisksVideos Stanford legal expert explains the legal ramifications of research, hacking.”We see mobile commerce in the U.S. finally starting to achieve a mass market appeal,” said ABI senior analyst Mark Beccue in a statement. “Its not just smartphone owners: non-smartphone mobile users interest in mobile banking and commerce services, while lower than that among smartphone owners, is also on the rise, with 17% of non-smartphone users surveyed using or intending to use mobile banking services.”Mobile phone carriers, credit card vendors, shopping sites, and smartphone providers are racing to get a toehold in the rapidly emerging mobile payments and shopping markets.

via Smartphone Mobile Banking Use Approaches 50% — Mobile Banking — InformationWeek.


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