Mobile Banking Trends To Watch Out For In 2013

“Mobile banking trends are always a hot topic in the industry. Here are some of the trends expected to grow in mobile banking over the next year.

Mobile banking has evolved tremendously over the past years. As we move into 2013, there are a few key trends that we will see emerge and gain momentum.

We believe that voice will be part of all enterprise class mobile applications in the next 3 to 5 years and will do more than just replace typing. Apple’s personal voice assistant Siri is just the beginning, and soon we will see a number of new speech-enabled uses and applications for the banking industry. Voice provides a much deeper interaction mechanism than just typing or going to a particular screen on your phone app or online. Humans use voice to communicate much more naturally than typing and have been doing so for several millenniums. Virtusa believes that using voice offers a paradigm shift in user interaction. We categorize this in the following natural language queries: transaction by voice, customer care through voice, information retrieval by voice and navigation by voice.”

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Two Interfima Certified Courses in Johannesburg in May 2013

“Operational Risk Management” 

This is an INTERFIMA certified Operational Risk Specialist (CORS) training course being held in Johannesburg on 27-28 May 2013. For more information please CLICK HERE.

“International Trade Finance”

This is an INTERFIMA certified Trade Finance Specialist (CTFS) Training course being held in Johannesburg on 29-30 May 2013. For more information please CLICK HERE.

Programming an NFC Tag Gets Remarkably Easy

Programming a NFC (near field communication) tag is very easy and fast to do. In this short video you will see how to program NFC tags using an NFC enabled smartphone.

Now, what to do with it?

What Apple’s Information Win Means for all of eCommerce

“On February 4, the California Supreme Court issued its much-anticipated opinion Apple Inc. v. Superior Court, ruling that Apple’s request for telephone number and address information from customers in connection with the purchase of electronic downloads on its iTunes service — which reached its 25 billionth song download yesterday — does not violate California law. Specifically, the Court ruled that California’s Song-Beverly Credit Card Act of 1971 “does not apply to online purchases in which the product is downloaded electronically.”

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What It Looks Like When A High Frequency Trading Algo Bombs A Stock With Fake Quotes

“To buy a stock you must quote the right price. The "right" price is known as the National Best Bid and Offer (NBBO) and is determined, of course, by the market's demand for a stock.

Quote the right price, and you can buy. It's as simple as that. Until it's not.”

Nanex, a Chicago-based market research firm, has produced a chart that illustrates what can stand in a trader's way when they're trying to quote the right price

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The Mobile Payments Market in 2013

“The emerging mobile payments market holds many opportunities for shrewd investors. In fact, research firm Forrester estimates that U.S. mobile payments are on track to hit $90 billion transactions by 2017. That's an impressive 48% compounded annual growth rate over last year's mobile spending of $12.8 billion. As mobile trends grow both domestically and overseas, so too should the chance for investors to cash in on those companies that are driving the mobile payments revolution.”

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What we are reading … 8th February 2013

UK Chancellor plans on UK payments shake-up http://www.finextra.com/News/FullStory.aspx?newsitemid=24504

Restructuring costly for Deutsche Bank http://www.garp.org/risk-news-and-resources/risk-headlines/story.aspx?newsid=58140

Will You Be Ready When Mobile Wallets Turn Banking Upside Down? http://bit.ly/XDTNqu

Why Debt Collectors Should Not 'Friend' Debtors on Facebook http://dld.bz/cdJt9

Banks are Laggards in Research and Development http://www.finextra.com/Community/FullBlog.aspx?blogid=7345

Banks Face the Innovator's Dilemma http://www.finextra.com/Community/FullBlog.aspx?blogid=7341

The Revised Basel III http://shar.es/CF7eC

Mobile banking focuses on customer convenience http://shar.es/CP6s7

Contagion fears rising as banking rules are eased http://dld.bz/cdJts

Square Wallet Provides a Sneak Peek at the Future of Proximity Payments http://shar.es/COtp3