Our monthly newsletter - October 2016 is here! Enjoy it!

1. We create the mobile future

2. mobile banking & fintech
INNOVATIVE Solutions

3. „First National Bank of Pennsylvania, the largest
subsidiary of FNB Corp., has upgraded to the latest
version of Fiserv Mobiliti Advantage mobile banking
and payments platform from Fiserv Inc., adding a new
module that enables mobile card control capability.
The bank is the first Mobiliti client to integrate the
card control module into its mobile app, a Fiserv
press release said.
The new feature allows users to control access to
their debit card in real time and receive alerts related
to card use via their mobile banking app.”
Read more:
FNB os Pennsylvania Adds Card Control Module for
Mobile Banking App
Picture: https://www.fnb-online.com
http://www.banknews.com/blog/fnb-of-pennsylvania-adds-card-control-module-for-mobile-
banking-app/

4. „OCBC has become the first bank in Asia Pacific to let
customers send cash through Siri. They tell Apple’s
virtual assistant whom to send the payment to and how
much, then use the OCBC Pay Anyone mobile e-
payment service. The FI has also made this service
available via iMessage.”
Read more:
OCBC Bank adds Siri and iMessage to payment mix
Picture: https://www.ocbc.com/personal-banking/online-banking/payanyone.html
https://ibsintelligence.com/ibs-journal/ibs-news/ocbc-bank-adds-siri-and-imessage-into-payments-
mix/

5. „Introducing Chip . The new Level39 member company,
which provides a savings app designed to encourage
and empower millennials to save their money.
They made their official launch today. It’s a bit like if
your online bank account met Facebook Messenger – a
painless – and fun way of managing your finances and
saving a few pounds every day.”
Read more:
Chip launches automatic savings app for millennials
Picture: https://itunes.apple.com/lv/app/chip-saving-made-easy./id1141297472?mt=8
http://www.level39.co/news/chip-launches-automatic-savings-app-gen-y

6. „Bank of Scotland customers can now enjoy faster
account opening times.
As part of the investment in digital technology to
improve the customer experience, Lloyds Banking
Group has just launched selfie technology to
enable Bank of Scotland customers to open a
current account seamlessly online.”
Read more:
New selfie technology launched by Lloyds Banking Group
Picture: http://www.thecerbatgem.com/2016/10/27/lloyds-banking-group-plcs-lloy-buy-rating-reiterated-at-be
aufort-securities.html
http://www.lloydsbankinggroup.com/Media/Press-Releases/2016-press-releases/lloyds-
banking-group/new-selfie-technology/

7. „SHB and Vayana have been working together last few
years to digitize Retail Banking Channels. Saudi Hollandi
Bank (SHB), founded in 1926 the first bank in KSA, has
deployed Wearable Banking Solution developed by
Vayana for Apple Watch, to further enhance the
customer experience for its retail banking customers.
This will see the bank introduce more innovative ways
to engage with its retail customers in KSA.”
Read more:
SHB has implemented the Wearable Banking Solution
Picture: http://vayana.in/solutionnet/news/oct2016.php
http://www.indiainfoline.com/article/news-international/shb-has-re-imagined-banking-on-the-move-
with-wearable-banking-solution-developed-by-vayana-116100500398_1.html

8. „Orange added a feature to its mobile wallet that
enables French teenagers to make purchases on
their phones, but with parents keeping control
over the budget.
The offer, called Orange Cash Jeune, is aimed at
teens up to 18 years of age.”
Read more:
Orange targets teen market
Picture: http://www.mobileworldlive.com/money/news-money/orange-targets-teen-market/
http://www.mobileworldlive.com/money/news-money/orange-targets-teen-market/

9. „New opt-in technology helps reduce card
declines, adds more security for Visa
cardmembers. When you’re on vacation, the
last thing you want to worry about is having
your credit card declined because your
purchases are not in-sync with your normal
buying patterns”
Read more:
US Bank Adds Geolocation Feature to select Credit Card
Products
Picture: http://travelwithgrant.boardingarea.com/2016/10/05/us-bank-flexperks-go-mobile-app-review-geolocation-travel-
alerts-virtual-wallet-features/
http://www.businesswire.com/news/home/20161004005609/en/U.S.-Bank-Adds-
Geolocation-Feature-Select-Credit

10. „ING is re-entering the UK retail banking
market with a free mobile app to help people
keep track of their finances across multiple
banks.
The Dutch bank quit the UK high street four
years ago, but is now re-surfacing under a
new guise through Yolt, which will mine
customer account data across different bank
accounts and provide tips on budgeting and
savings.”
Read more:
ING takes fintech startup route to UK relaunch
Picture: https://www.ing.com/Newsroom/All-news/We-are-Yolt-by-ING.htm
https://www.finextra.com/newsarticle/29615/ing-takes-fintech-startup-route-to-
uk-relaunch/mobile

11. „So much of the focus in bank technology is on
making life easier for everyday customers, but
a handful of banks and fintechs are trying to
simplify banking for everyone.
Recently some banks have introduced
products or mobile features intended to help
customers who are otherwise being passed
over by technology because of disabilities,
language barriers or other factors.”
Read more:
How Tech Can Make Banking More Inclusive
http://www.americanbanker.com/news/bank-technology/how-tech-can-make-banking-
more-inclusive-1092081-1.html

12. „Bank of America has announced the launch of
its chatbot, Erica, at Money 20/20 on Monday in
Las Vegas, Reuters and CNBC report.
The project was first announced in April and will
be available to customers in late 2017.
Erica will operate via both audio and text, and
will be hosted on Bank of America's own mobile
app. It will analyze customers' personal financial
data to generate recommendations for how to
best handle their finances.”
Read more:
Bank of America has announced launch of its AI chatbot
Erica
http://www.businessinsider.com/bank-of-america-has-launched-its-ai-chatbot-erica-
2016-10?IR=T
Picture: http://www.businessinsider.com/bank-of-america-has-launched-its-ai-chatbot-erica-2016-10?IR=T

13. mobile payment solutions

14. „Visa, Inc., has announced a preview of Visa B2B Connect, a
new platform that Visa is developing to give financial
institutions a simple, fast and secure way to process
business-to-business payments globally.
Visa is working with Chain to build Visa B2B Connect using
Chain Core, an enterprise blockchain infrastructure that
facilitates financial transactions on scalable, private
blockchain networks. Building on this technology, Visa is
developing a new near real-time transaction system
designed for the exchange of high-value international
payments between participating banks on behalf of their
corporate clients. Managed by Visa end-to-end, Visa B2B
Connect will facilitate a consistent process to manage
settlement through Visa’s standard practices.”
Read more:
Visa Introduces International B2B Payment Solution
Built on Chain’s Blockchain Technology
http://www.banknews.com/blog/visa-introduces-international-b2b-payment-solution-built-on-
chains-blockchain-technology/
Picture: http://mms.businesswire.com/media/20161021005212/en/551015/5/VB2BC_graphic-01_highre
s.jpg?download=1

15. „PayPal is deepening its relationship with Facebook, and
will now become one of the payment options within
Messenger, among other integrations. That means
customers who shop via the growing number of
chatbots from online merchants will be able to transact
on Messenger using PayPal’s payment service. In
addition, as part of this deal, PayPal says it will make it
easier to link your PayPal account to Facebook and
Messenger, and it will roll out support for receiving
notifications about PayPal transactions to Messenger
users in the U.S.”
Read more:
Facebook Messenger now supports PayPal payments in
bots, will track your PayPal receipts
https://techcrunch.com/2016/10/24/facebook-messenger-now-supports-paypal-payments-in-
bots-will-track-your-paypal-receipts/
Picture:

16. „MasterCard is launching its Identity Check Mobile
technology in 12 European countries, enabling online
shoppers to authenticate themselves through facial
recognition and fingerprints.
The new technology means that cardholders can ditch
passwords in favour of biometrics. When checking out
at a retailer's site or mobile app, shoppers receive a
pop-up on their handset, through which they can
authorise the payment via finger scan or selfie
recognition.”
Read more:
MasterCard rolls out selfie payments
https://www.finextra.com/newsarticle/29536/mastercard-rolls-out-selfie-payments-across-
europe/mobile
Picture: http://www.oot.it/uploads/news/6a5a54d8369896a9c341f9a71146c9334388b5d6.jpg

17. „US Facebook Messenger users will soon be able to
make payments to bots within the app through their
PayPal accounts.
Over the last few months, Facebook has moved to
develop Messenger beyond messaging, opening up to
tens of thousands of bots and enabling them to sell
products and services directly to customers within the
app.”
Read more:
Facebook Messenger adds PayPal support for bot
payments
https://www.finextra.com/newsarticle/29653/facebook-messenger-adds-paypal-support-for-
bot-payments/mobile
Picture: http://www.pulsenight.com/wp-content/uploads/2016/10/3-1.jpeg

18. „27 Spanish banks have teamed up to launch a
new mobile payment platform called Bizum
which, according to Spanish press reports, is
now live.
Bizum, an digital initiative of the Spanish banks
led by the Bank of Spain and the
Government aims to address the new needs of
customers and has the support of the banking
associations AEB ECSC and UNACC.”
Read more:
Spanish bank launch mobile payments initiative Bizum
http://www.paymentscardsandmobile.com/spanish-banks-launch-mobile-payments-
initiative-bizum/
Picture: http://bizum.es

19. „A consortium of US banks, including Wells
Fargo, JPMorgan Chase and Bank of America, are
rolling out a new P2P money transfer app to take
on Venmo and other mobile payment upstarts.
The app, named Zelle, will offer the same kind of
instant, P2P money transfers users of Venmo have
been making for years – and that banks have been
eager to offer as they try to stay relevant to
younger customers.”
Read more:
US banks roll out Zelle P2P money tranfer app to
take on Venmo
http://www.paymentscardsandmobile.com/us-banks-roll-zelle-p2p-transfer-app-take-
venmo/
Picture: http://www.paymentscardsandmobile.com/us-banks-roll-zelle-p2p-transfer-app-take-venmo/#pre
ttyPhoto/1/

20. „YES BANK partners with Lastmile.mobi, uses Qualcomm
Snapdragon processors to launch IRIS and EMV ready
payment solution. YES BANK, India’s 5th largest private sector
Bank has partnered with Lastmile.mobi to introduce the IRIS
EMV PoS (Point-of-Sale terminal) solution which integrates
Card & UPI payments, Aadhaar E-KYC and Aadhaar E-signing
on a ready to use basis.
This is one of the first solutions in India to implement the India
Stack in its true sense in line with the Digital India initiatives of
the Government of India. The launch comes close on the heels
of RBI Circular issued on September 29, 2016 advising Banks
on using Aadhaar-based Biometric authentication for Card
Present transactions.”
Read more:
Yes Bank has launched IRIS&EMV ready pament solution
https://www.yesbank.in/media/press-releases/fy-2016-17/yes-bank-partners-lastmile-and-qualcomm
Picture: https://www.yesbank.in/media/press-releases/fy-2016-17/yes-bank-partners-lastmile-and-qualco
mm

21. „Sberbank joint venture company Yandex.Money is
to offer mobile money transfers and support group
chats for crowdfunding via Apple's iMessage. In
order to send money to someone, a user opens
iMessage, chooses a person from their contacts,
selects the Yandex.Money app, and specifies the
amount to be transferred. The sender receives a
message to confirm receipt and enters their
password to complete the transfer.”
Read more:
Yandex.Money joins mobile messaging revolution
https://www.finextra.com/newsarticle/29551/yandexmoney-joins-mobile-messaging-
revolution/mobile
Picture: https://www.finextra.com/newsarticle/29551/yandexmoney-joins-mobile-messaging-revolution/
mobile

22. „Mastercard to launch artificial intelligence bots for
banks and merchants. Mastercard has unveiled
plans to launch artificial intelligence (AI) bots for its
merchant and bank partners, allowing consumers
to use chat, messaging and natural language
interfaces to shop and manage their finances.”
Read more:
Mastercard to launch artificial interlligence bots for
banks and merchants
http://www.nfcworld.com/2016/10/25/348016/mastercard-launch-artificial-intelligence-
bots-banks-merchants/
Picture: http://www.nfcworld.com/2016/10/25/348016/mastercard-launch-artificial-intelligence-bots-banks-merc
hants/

23. „Starling Bank, the UK’s leading next-
generation bank, has completed its first
card payment having partnered with
global payments and technology company,
Mastercard, and card processor, GPS.
This new partnership enables Starling’s
contactless debit card to accompany its
mobile-online current account.”
Read more:
Starling Bank partners with Mastercard and GPS to
launch next-generation of debit card
https://thefintechtimes.com/starling-bank-partners-mastercard-gps-launch-
next-generation-debit-card/
Picture: https://www.starlingbank.com/starling-debit-card/

24. „Visa and Intel are to work together to integrate
payments security technology into Intel chipsets,
enabling device manufacturers to build functionality
into their products to create “a more secure payment
process for the internet of things (IoT)”. Intel is
licensing Visa’s encryption technology so data security
can be built in at the hardware-layer of chipsets,
ensuring payment data originating from devices such
as computers, mobiles and IoT devices will be
encrypted.”
Read more:
Intel to put Visa payments technology into connected
devices
http://www.nfcworld.com/2016/10/24/347964/intel-put-visa-payments-technology-connected-
devices/
Picture: http://www.nfcworld.com/2016/10/24/347964/intel-put-visa-payments-technology-connected-de
vices/

25. „Citigroup plans to soon launch its own NFC-based
mobile payments service, Citi Pay, in the U.S. And Asia,
in part using technology from Mastercard. The service
will use host card emulation to enable customers in the
U.S. And at least two Asian countries to load Citi cards
onth their Android phones ant tap and pay for in-store
purchase, sources told NFC Times. It will build on the
HCE-enabled Banamex wallet launched by Citi’s
Banamex subsidiary in Mexico with Mastercard in
February.”
Read more:
Citigroup to Launch “Citi Pay” Mobile Payments Service
with Help from Mastercard
http://nfctimes.com/news/citigroup-launch-citi-pay-mobile-payments-service-help-mastercard
Picture:

26. TRENDS, PLANS & Future

27. „New research from leading Fintech
analyst, Juniper Research, finds that over 2
billion mobile users will have used their
devices for banking purposes by the end of
2021, compared to 1.2 billion this year
globally. Growth in mobile banking is being
driven by consumer adoption of banking
apps the changing way consumers manage
their finances.”
Read more:
Mobile Banking Users to Reach 2 Billion by 2020
http://www.banknews.com/blog/mobile-banking-users-to-reach-2-billion-by-
2020/
Picture: http://www.barclays.co.uk/Mobilebankingservices/P1242569951654

28. „By 2030, technology will have made banks
and banking invisible to customers, hidden by
Siri-like personal assistants that cull data from
our connected lives to fulfil daily personal and
financial obligations, claims KPMG.
This revolution will see large parts of
traditional banks - customer service call
centres, branches and sales teams -
disappear, predicts the professional services
giant in a report.”
Read more:
The bank of the future will be invisible - KPMG
https://www.finextra.com/newsarticle/29608/the-bank-of-the-future-will-be-
invisible---kpmg/mobile
Picture: https://home.kpmg.com/uk/en/home/media/press-releases/2016/10/kpmg-introduces-eva-the-b
ank-of-the-future.html

29. „Julia Krauwer, artificial intelligence expert at ABN Amro,
discusses how advances in machine learning are
increasingly being applied to an array of business-to-
consumer interactions, including banking.
Like many people who were young in 1997, I had a
Tamagotchi and it meant the world to me. Whenever it
was hungry, I hurried to feed my digital pet. If it beeped
about being lonely, I'd go give it attention. My parents
thought it was a little silly to be that devoted to a toy,
but in this day and age it's almost impossible to imagine
life without interaction between man and machine. It’s a
trend that’s here to stay.”
Read more:
Banking in the age of AI
https://www.finextra.com/newsarticle/29567/banking-in-the-age-of-ai/mobile
Picture: https://www.finextra.com/newsarticle/29567/banking-in-the-age-of-ai/mobile

30. „Millennials continue to be the focus of a lot of scrutiny
when it comes to the intersection of culture and
technology. Millennials are the largest living generation,
having outnumbered the Baby Boomers for more than
a year. Most Millennials remember life before the
internet, and have were the earliest adopters of many
trailblazing technologies that went on to ubiquity. It is
for this reason that we look to the Millennials when
determining the success of new technologies. If the
Millennials don’t like it, it’s not a hit.”
Read more:
Millennials and Mobile Banking – The Changing Times
http://www.huffingtonpost.com/allan-smith/millennials-and-mobile-ba_b_12449510.html
Picture: https://www.apptentive.com/blog/2015/05/18/marketing-to-millennials/

31. „This time we have a genuine Uber moment in
fintech. Standard Chartered and Uber are
partnering to offer the bank’s credit
cardholders cashbacks on Uber rides.
This is the “first ever multi-market partnership”
for both of them. The deal is for six markets –
Singapore, Indonesia, Malaysia, Vietnam, India
and the United Arab Emirates – and offers up
to 25% cashback for all global Uber rides.”
Read more:
Standard Chartered customers taken for an Uber ride
http://www.bankingtech.com/601361/standard-chartered-customers-taken-for-an-
uber-ride/
Picture: http://www.bankingtech.com/601361/standard-chartered-customers-taken-for-an-uber-ride/

32. Mobter
Jerozolimskie 184 Str.
Warsaw, 02-486
POLAND
Bartlomiej Lewandowski
Managing Director
e-mail: b.lewandowski@mobter.com
mobile.: +48 509 898 042
skype: lewandowski.bartlomiej
e-mail: office@mobter.com
tel.: +48 22 100 67 20
www.mobter.com