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Cyber Security:  Mobile Banking Security

Over 50 percent of consumers use mobile banking apps.  With millions of transactions occurring between consumers and companies each day, hackers are finding more and more ways to steal this sensitive data. In fact, 70% of Apple iOS paid financial apps have been hacked and 95% of Android paid financial apps have been hacked. This type of vulnerability calls for ... Read More »

Acxiom Selected by GlobeOne for Database Solution

GlobeOne ®, LLC, a financial technology company collaborating with a network of financial institutions around the world, has selected Acxiom® (Nasdaq: ACXM), an enterprise data, analytics and software-as-a-service company to develop a database and processing platform to collect, process, calculate and return data to partner banks in the GlobeOne network. GlobeOne, founded by a community of socially conscious entrepreneurs with experience in the ... Read More »

Equifax, Zoot Join Forces in All-In-One Mobile Banking Solution for Enhanced Decisioning

MobilityPlus allows consumers to capture a photo of their ID on their smartphone or tablet to assist in auto-filling significant portions of their application, and in a matter of seconds, it performs a search-match analysis to help authenticate the consumer’s identity, and determine whether the device in use may be associated with fraudulent activity. These processes pull in leading, knowledge-based ... Read More »

AnalytixInsight Announces New Mobile Content Licensing Partnerships

Big data analytics company AnalytixInsight Inc. entered into a series of partnerships and revenue sharing arrangements between its mobile subsidiary Stockwall S.r.L and several leading content and financial information providers.  With these agreements, the Company is strongly placed to offer high-value business content, financial markets content, videos and news to subscribers of its Marketwall app. Under the terms of these ... Read More »

Baidu Reorganizes into Three Major Business Groups

Mobile Service Business – Emerging Business Group – Search Business Group Robin Li, founder of Baidu.com, announced via an internal email that the company will integrate its existing business groups and business units into three major business groups. Baidu has confirmed the news and indicated that the three major business groups will be a mobile service business group, emerging business ... Read More »

Salesforce.com Is Bringing Greater Analytics Functionality To Mobile Devices

Salesforce.com revealed three new capabilities Wednesday that will extend Wave, the CRM giant’s recently released cloud analytics platform, to mobile devices.  The upcoming Wave release, set to go live in March, focuses entirely on mobile innovation with features designed specifically for smartphones that allow users to access, integrate and visualize data generated by Salesforce and partner applications. The three new ... Read More »

Alibaba Partners with Quixey for Mobile App Searches

Alibaba Group has partnered with US-based search engine Quixey to power app searches for its mobile operating system YunOS. Unlike typical web search engines, Quixey focuses on helping users find the most appropriate mobile apps they need.  It can also locate content and functions stored on mobile apps, such as blogs and social media platforms. Quixey will become the sole ... Read More »

Acquisitions and Partnerships Help Companies to Ramp Up Analytics Capabilities

BIIA (Business Information Industry Association) has been tracking product announcements in the business information space for some time.  It has become evident that advanced analytics, also known as predictive analytics are now the fastest growing segment within business information.    Companies acquiring capabilities: During the first nine months we tracked 231 company announcements involving acquisitions, new product developments, partnerships and international ... Read More »

Apple Eyes Pay-by-touch for next iPhone

Apple is working with Dutch chipmaker NXP to add secure short-range wireless technology into the next iPhone, enabling new pay-by-touch capabilities in the latest bid for the smartphone to replace the wallet.   Several people familiar with Apple’s plans say NXP will provide the secure near-field communications chips that will allow an iPhone to connect with payment terminals or ticketing ... Read More »

Google Acquires Jetpac

Google has bought the startup behind a Jetpac mobile application that creates insightful travel guides by analyzing pictures from social networks such as Instagram. Jetpac announced that its application would be removed from Apple´s online App Store in the days ahead and that it would stop supporting the software in the middle of September. Jetpac mines publicly shared pictures for ... Read More »

FICO Survey: Mobile Banking Drives Customer Loyalty and Satisfaction

A comprehensive survey of U.S. bank customers conducted for FICO found that 82 percent of mobile banking app users are satisfied with their bank, compared with only 71 percent among those who do not use a mobile banking app, and 76 percent of the mobile app users are likely to recommend their bank, compared with only 67 percent of the non-users. The survey also ... Read More »

Amazon Announces New Mobile Payments Service

Amazon has announced plans to launch their own mobile payments app that will compete directly with currently apps including Square and PayPal. The new service, dubbed the Amazon Local Register, will work similarly to other mobile payment apps, allowing users to accept payments via credit and debit cards using the smartphones and tablets. The web retail giant will use their current payments ... Read More »

Tapjoy Acquired Korean Analytics company 5Rocks

Tapjoy stated that the acquisition could offer complete ad-tech and app-tech solutions for driving revenue and lifetime value (LTV) maximisation for app developers.  The deal will bring together its mobile advertising technology with 5Rocks’ predictive analytics and marketing automation services. Best known for its data science expertise, deep reporting, predictive analytics and mobile Customer Relationship Management (mCRM) platform, 5Rocks analytics ... Read More »

Yahoo Buying Startup Flurry for More Than $300 Million

Yahoo! Inc. (YHOO) is adding to its mobile lineup with the acquisition of analytics company Flurry Inc. Yahoo is paying more than $300 million for the San Francisco-based startup, according to people with knowledge of the matter, who asked not to be identified because the talks were private. Flurry analyzes data from smartphone users so developers can better understand their audiences, ... Read More »