It may seem like wizardry to those not reared in the digital age, but there are many banks that now allow customers to deposit checks without ever stepping foot near an ATM, let alone an actual branch. Many of the mobile banking applications that are available through various financial institutions today allow you to deposit a check via smartphone.
Mobile Imaging Blog
Ever wonder what’s the real difference between Android and iPhone users? Well, a consumer web application that is building the “taste graph” of the internet, mapping every person on the internet to every entity on the internet and their affinity for that entity called Hunch recently found some interesting information. Hunch found that Android users are 10 percent more likely to be men, skew younger, and 20 percent more likely to be politically conservative. They have good incomes, but iPhone users tend to have higher household incomes.
A significant factor in the success of social network services is related to the the increase in people using smartphones with good quality cameras, GPS and the ability to install and use apps. Twitter, Foursquare and Instagram are just a few examples. So, it is an intersting exercise to look at trends in smartphone platform marketshares.
Banking the High-Tech Way: Via Smartphone (NBC Interview)
Over the past 25 years, Mitek Systems has established its technology as the 'gold standard' for check imaging and fraud detection. Today, the company's patented extractive imaging technology transforms camera-equipped smartphones and tablets into mini document scanners with the ability to intelligently extract relevant data from a multitude of document types and formats.
Google's Android mobile operating system closed out June 2011 controlling 40.1 percent of the U.S. smartphone market, up 2.0 percentage points month-over-month and increasing 5.4 percentage points since March 2011, research firm comScore reports. Apple’s iOS was the only other mobile platform to grow during the period, increasing 1.1 percentage points over March to capture 26.6 percent of the U.S. smartphone segment.
Research In Motion's BlackBerry continues to slide, dropping another 3.7 percentage points between March and June to make up 23.4 percent of the U.S. smartphone market.
(Mashable) -- Google Android captured 48% of the smartphone market in Q2 of 2011, hitting an all-time high, according to a report by market research firm Canalys.
The platform has been making big strides during the past year, overtaking Symbian in Q4 of 2010 to become the top smartphone platform, representing a 32.9% market share at that time.
Smartphone adoption continues to grow rapidly across the world, reaching a total of 107.7 million units shipped in Q2 of 2011, a 73% year-on-year growth.
ndroid was the biggest driver of smartphone shipments i
More than 420 million smartphones will be sold around the world in 2011, accounting for 28% of total cell phone sales according to market research firm IMS Research. The firm sees the recent surge of more affordable smartphones as playing a major role in the continued growth of the market, and IMS analysts estimate that global smartphone sales will reach 1 billion devices by 2016 thanks to entry-level smart handsets.
As you already know, Mitek's technology allows people to deposit a check by snapping its picture with a phone’s camera. What you might not know is that earlier today, Mitek announced that it is planning on letting other businesses use its technology to create their own mobile applications.
Mitek’s character-recognition software, which reads handwriting and other information, will be embedded into apps for insurance, real estate and health care.
Advertisers wondering when mobile will catch on might want to take a big breath and hang on. Two separate reports released reveal that mobile device use, from smartphones to tablets, continues to increase.
Smartphones are now owned by 49.1 million people in the U.S. as of the three month ending in May -- up 8.1% compared with the prior three months, according to a comScore MobiLens report released recently.
Mobile browser use also continues to rise. Browsers were used by 31.9% of U.S. mobile subscribers in the three months ending in May, up 2.3% points. Sixty-two percent of U.S.
Mobile Dependence is continuing as U.S. smartphone usage has grown 60% in the past 12 months … and is expected to grow another 49% in 2011.
This rate of growth is four times faster than the overall mobile phone market with key growth areas being new cell-phone owners jumping directly to smartphones and current users rapidly upgrading technology.
As of a few months ago:
- 89% of U.S.
Javelin just released a report yesterday entitled “Smartphone Banking Security: Mobile Banking Utilization Stalls On Consumer Fears”. The report suggests that mobile banking adoption is slowing down – but it’s based on questionnaire responses from 5,102 consumers, versus legitimate audience data.
When it comes to mobile digital audience measurement, the undisputed leader is ComScore’s MyMetrix division.
A few weeks ago, Juniper estimated that the transaction value of mobile payments for digital and physical goods, money transfers and NFC transactions will reach a whopping $670 billion by 2015, up from $240 billion this year. Today, Gartner is releasing its data report, taking a look at actual users of mobile payments services. Gartner’s research shows that mobile payment users worldwide will surpass 141.1 million in 2011, a 38.2 percent increase from 2010, in which mobile payment users reached 102.1 million.
- There will be 5.8 billion mobile subscribers worldwide by 2013 (Portio Research)
- 38% of adults say their mobile phone is more important than their wallet
- 11% of smart phone owners are already using mobile banking
- 41% of mobile banking users have looked up banking-related promotions and discounts
- 49% of mobile banking users have used their mobile to buy and sell stocks
- The Tower Group predicts there will be a 50% increase in mobile bank users by 2013
- 32% of US Online bankers would use mobile banking instead if it was offered
- YouGov research revealed improved opinions o
More customers than ever will buy tablet computers and smartphones this year, driving consumer electronics revenue to a record high of $190 billion in 2011, according to a new forecast from a leading industry trade group.
Sales of tablet computers such as Apple Inc's iPad and its rivals will reach 26.5 million units, resulting in $14 billion in revenue, the Consumer Electronics Association said in a report released on Monday.
Smartphone sales will increase by 45 percent to $23 billion, the study said.
"One year ago, tablets were a new and unproven market, and now they, along with other
For some, the smartphone is a status symbol. For others, it's a necessary work tool. And for millions of Americans, it's the only computer they own.
In New York or Los Angeles, in real life or on the big screen, you can usually identify a would-be sophisticate or power player by a smartphone surgically attached to their hand or face. But a recent study from the Pew Internet and American Life project indicates that high-tech mobile devices aren't merely status symbols.
More than three quarters of executives across the financial services, technology, telecommunications and retail industries believe mobile payments and banking transactions will achieve widespread mainstream consumer adoption within four years, according to a new global survey conducted by advisory services firm KPMG International.
Eighty-three percent of the 1,000 execs surveyed by KPMG anticipate mobile payments will go mainstream by 2015, compared to 9 percent of respondents who feel m-payments are mainstream today.
The Pew Internet Project put out results of its first survey looking at smartphone ownership. Pew found that 35 percent of all US adults own a smartphone.
When the base is just mobile phone owners however (83 percent of American adults) the number goes up to 42 percent. The numbers go even higher in certain population segments; among 18 to 44 year old smartphone penetration is 50 percent.
Mobile payments for digital and physical goods, mobile money transfers and Near Field Communications-enabled contactless transactions will almost triple from $240 billion in 2011 to $670 billion in 2015, Juniper Research forecasts.