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Mobile Apps

Download SBI Freedom Mobile Banking Application

SBI Freedom Mobile Banking Application is handset specific and can be downloaded on java enabled handsets. SBI has attempted to develop mobile banking applications for as many mobile models as possible. Visit the Download website, select your make and model, and download the correct version to your mobile phone or PC. Otherwise download Generic Version. If it isnot working, send email narrating the problem to [email protected] […]

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Mobile News

RBI to Strengthen Mobile Banking Security

Reserve Bank Governor D Subbarao said that protection of customer information and confidentiality is on the priority list as there are growing concerns about the increase in cyber crimes, phishing-related frauds, identity fraud and misuse of customer information. RBI proposed to set up a working group on information security, electronic banking, technology risk management and tackling of cyber frauds. […]

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Mobile News

SBI Mobile Wallet for Cashless Payment Coming Soon

State Bank of India’s (SBI) will soon introduce a mobile banking service, “mobile wallet”. It will be a stored-value account based on a customer handset. Mobile users can either use the service through an application or use SMS. This application will allow customers to withdraw cash up to Rs 5,000 through secure transaction process. SMS-based transactions will not allow any withdrawals. […]

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Mobile News

Nokia Mobile Money Transfer at YES Bank, RBI Approves

The Reserve Bank of India has permitted YES Bank to provide mobile money services in association with Nokia. Any of the two lakh Nokia retail outlets across India can sign you up for the service. All you need is to fill a form which makes you an account holder with YES Bank within 15 minutes! Then you deposit a amount at the Nokia outlet and in minutes the ‘credit’ appears on your mobile phone. […]

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Mobile Apps

SBI Freedom – State Bank Mobile Banking Application

State Bank of India recently launched a service called “SBI Freedom”. With “SBI Freedom”, customers can use facilities like balance inquiry, mini statement, fund transfer, cheque book issuance, mobile recharge and bill payment at any time and place through the use of their cellphones. A customer is registered when he or she sends an SMS to 567676 prefixed with the area code. […]

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Mobile News

Future of Mobile Payment and Mobile Phone Near-Field Communication

A survey by Forrester Research found that 15 percent of Japanese mobile phone users make payments and purchase products in stores with their phones, reports CNN. Only 3 percent of people in North America are expected to conduct mobile payments in 2012. Analysts say that within five years, mobile phones in the United States will be able to make electronic payments, open doors, access subways, clip coupons and possibly act as another form of identification. These futuristic uses for phones are becoming reality in countries like South Korea and Japan, which typically are ahead of the United States in mobile technology. […]

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Mobile Apps

Deposit Your Check via iPhone at USAA Bank

USAA Bank, a privately held bank and insurance company in the US, plans to update its iPhone application to introduce the check deposit feature. The customers need to photograph both sides of the check with the phone’s camera. The image is going into the Bank’s deposit-taking system as any other paper check would. To reduce the potential for fraud, only customers who are eligible for credit and have some type of insurance through USAA will be permitted to use the deposit feature. […]

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Mobile Apps

HDFC Mobile Banking Through ngpay Service

ngpay is the secure software application launched by HDFC Bank that empowers the customer to carry out a whole range of banking and commerce transactions using the mobile phone. HDFC customers can download and use the ngpay application in their Java enabled mobile handset that supports external applications and games. ngpay services can be accessed by customers across all telecom networks. […]