Category Archives: Mobile Bill Payment

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How Small Banks Can Overcome Big Banks’ Lock on Mobile

Kevin Tynan, senior vice president for marketing at the $850-million asset Liberty Bank for Savings in Chicago, says community banks face a major threat from big banks in the realm of mobile banking. With online banking used by 51 percent of U.S. adults and 61 percent of Internet users, he says community banks cannot affordContinue Reading

Fiserv Survey: Mobile Bill Pay Usage Doubled in 2013

Fiserv has released new research that shows Gen Y consumers are increasingly responsible for paying household bills and that they prefer mobile channels for managing finances. The company said that, according to its annual Billing Household Survey, mobile bill pay usage has doubled among U.S. online households over the past year, from 8 million inContinue Reading

Household Use of Mobile Bill Pay Doubled in 2013: Fiserv

The number of households using mobile bill payments doubled in the last year, according to a survey released on Dec. 11 by Fiserv. Sixteen million U.S. households paid a bill using an app, text or mobile browser in 2013, up from 8 million in 2012. Smartphone users drove this increase, as bill payments in thatContinue Reading

Banks Left Behind As Payments Go Mobile?

Banks must persuade customers to do more on their bank sites instead of turning to billers, if they want to avoid flat-line growth in online banking, finds a new report by Javelin. According to Mark Schwanhausser, director of multichannel financial services at Javelin, 84 percent of U.S. households currently use online banking, and 89 percentContinue Reading

More Than Half of Consumers Pay Bills on Mobile Devices: Survey

More than half of consumers globally use their mobile devices to pay a bill, according to SAP’s survey of more than 12,000 adults who own a basic mobile device or smartphone. The survey of individuals from 17 countries also found that 52 percent of bank customers make a bank transfer and 48 percent set upContinue Reading

CSPI Online Banking Works with Allied Bill Payment Product

  Computer Service Professionals, Inc., has integrated its online banking software with Allied Payment Network’s bill payment software. The combination enables online banking and bill payment directly from CSPI’s Aurora platform and eliminates the need for separate systems. The system includes tools to help banks and credit unions gather information about transactions the institutions canContinue Reading

Union Bank to Deploy Fiservs’ CheckFree RXP for Electronic Bill Payment

San Francisco-based Union Bank, a subsidiary of the $97 billion-asset UnionBanCal, has adopted Fiservs’ CheckFree RXP technology in a move to strengthen electronic bill delivery and payment through its online and mobile banking channels. The new platform will allow users to receive electronic bills from nearly 500 companies including utility, mobile phone, and credit cardContinue Reading

RBS Citizens Adds E-Payments for Online and Mobile Users

RBS Citizens Financial Group is adding person-to-person payments for its online banking users and expedited automated clearing house transfers for its mobile banking users. Citizens is using Fiserv’s CashEdge products, such as Popmoney, for these services, says Sreedhar Vegesna, the bank’s head of Internet and mobile banking. From “RBS Citizens Adds E-Payments for Online andContinue Reading

Citi invests in mobile start up Billing Revolution

Citi has made a strategic investment in Silicon Valley mobile payments start up Billing Revolution. Launched in 2008, the start up offers a single-click billing and payment service for Web-based transactions conducted on mobile phones, including Android and iPhone devices Citi Ventures’ funding follows its sponsorship last year of Billing Revolution’s Single-Click Checkout Android app.Continue Reading Goes Mobile

Bank Technology News  |  April, 2011 By John Adams Already paperless, bill management and payment firm is now also wireless, tapping an increasing appetite for mobile financial services for business use. The payment firm, which targets small to medium-size businesses, has launched Mobile, which is designed to help execs review images of bills,Continue Reading