Watch out everybody, our September newsletter is here! Enjoy it!

1. We create the mobile future

2. INNOVATIVE Solutions

3. „HSBC, a large banking and financial services
organisation, has revealed plans to enable customers to
open new accounts with a selfie.
The bank seeks to simplify its application process and
invites prospective customers to provide a self-portrait
shot on their phone. By using a facial recognition
software, the bank verifies the customers before
allowing them to make deposits and withdrawals. The
bank already uses fingerprint and voice recognition
technology for millions of customers.
A passport or driving license photo will also be required
as an additional security measure.”
Using selfies to open new bank accounts
Link to the article
Picture: http://www.independent.co.uk/life-style/gadgets-and-tech/hsbc-customers-open-bank-accounts-s
elfies-biometrics-security-a7225916.html

4. „A Forrester report in August warned banks off bots.
Today’s bots are not ready for regulated industries that
demand a certain level of user experience, said the
report’s lead author Pete Wannemacher. He illustrated
his point with many examples of #botfail — weather
bots spouting incoherent nonsense when asked the
temperature, shopping bots that didn’t understand
simple queries about sale items, and on and on. But the
warning came too late — banks embraced bots, and a
whole host of bots were wheeled out at Finovate.
Perhaps most significantly, Kore (from the guys that
brought you Kony) introduced its Smart Bot platform for
banks to build their own bots. (In response to Kore’s
demo a few fintech watchers at the show tweeted
various versions of, “Uh oh.”).”
American Express Adds Its Bot to the Party
Link to the article Picture: http://bankinnovation.net/2016/09/american-express-adds-its-bot-to-the-party/

5. „Bank of Ireland has become the first bank here to use
social media platform Snapchat to connect with
younger customers.
The bank has launched its 2016 FeelFree student
reward programme with Snapchat star James Kavanagh
and model Thalia Heffernan. Over the coming weeks,
student ambassadors and so-called influencers will
share hacks and top tips to help students save money.
The FeelFree programme offers students who sign up
for a new third=level account up to €100 worth of
rewards, including cinema tickets, pizza vouchers, surf
lessons and beauty treatments.”
Using Snapchat to connect with younger customers
Link to the article
Picture: http://www.irishtimes.com/business/personal-finance/bank-of-ireland-uses-snapchat-to-conne
ct-with-younger-customers-1.2779047

6. „Card Issuers across the world are launching their own
branded HCE (host card emulation) enabled digital
cards on mobile devices. Rapid mobile payments
growth is expected as more cash transactions convert
to digital driven by the “millennial” generation. However,
the current challenges with any HCE implementation
are achieving strong customer authentication,
auditability, end-to-end trust and security, and reducing
implementation costs. To overcome these challenges,
HCE Service say they are launching the world’s first PKI
(Public Key Infrastructure) secured HCE card digitalising
managed service – “SWIM” (Software Wireless Identity
Module) HCE platform.”
HCE Service launches ‘SWIM’ for PKI secured HCE mobile
payments
Link to the article
Picture: https://contactlessintelligence.com/2016/09/28/hce-service-launches-swim-for-pki-secured-hce
-mobile-payments/

7. „Banking software solution provider 01 Systems
announced today that the Commercial Bank of Qatar
(CBQ) has deployed its finger vein biometrics solution
that enables customers to access their account at
Commercial Bank branches and ATMs with finger vein
scanners without need for a bank card or PIN number.
This technology incorporates finger vein devices from
biometrics hardware manufacturer mofiria Corporation
and is integrated with ATMs from NCR Corporation.”
Commercial Bank of Qatar introduces finger vein
biometrics for ATM authentication
Link to the article Picture: http://dohanews.co/commercial-bank-qatar-add-biometric-scans-atms/

8. „Leveraging the Unified Payments Interface (UPI)
platform, Fintech startup Simpal Mobile Payments and
Information Services is developing a payment device
that uses iris recognition, according to a report by The
Economic Times.
Simpal, founded by former merchant banker Vineet
Toshniwal, is leveraging both UPI — launched last week
by the National Payments Corporation of India — and
Unique Identification Authority of India (Aadhaar).
The startup has developed OctoPOS, an Android device
that combines the capabilities of a smartphone and a
payment device, designed for both consumers and
merchants.”
Fintech startup Simpal developing payments device
with iris recognition
Link to the article
Picture: https://www.dasec.h-da.de/teaching/dasec-scientific-talk/2015-12-03-on-biometrics/

9. „SmartMetric has added an extended battery life feature
along with a user fingerprint match indicator to its line of
fingerprint biometric activated credit cards and security
cards.“ Following the official launch of the company’s
biometric credit card at the SmartCard Alliance Payments
Forum in April, 2016 and presentations to various credit
card issuing banks around the world, we received feedback
from the banks that led us to engineering these
advancements into our biometric activated card,” said
SmartMetric’s President & CEO, Chaya Hendrick. “Since our
biometric credit card is destined for issuance by banks it
was important for us to take on board their feedback
regarding our product. We are very glad that we have been
able to engineer into our card solutions to the issues raised
which has made our biometric card even better.”
SmartMetric adds fingerprint match indicator to its
biometric credit card, extends battery life
Link to the article
Picture: http://www.biometricupdate.com/201609/smartmetric-adds-fingerprint-
match-indicator-to-its-biometric-credit-card-extends-battery-life

10. „ING Netherlands has announced that has enabled its
customers and those of other Dutch banks to pay each
other via social media sites.
The bank’s customers can create a payment request
using the ING mobile banking app. Afterwards, the app
generates a link that can be shared via the online
channel of their choice, including WhatsApp, Facebook
and Twitter, as well as SMS and email. The person paying
the money opens the link and transfers funds via iDeal.”
ING enables payments via social media channels
in Netherlands
Link to the article
Picture: https://www.ing.nl/particulier/mobiel-en-internetbankieren/mobiel-bankieren/mobile-banking-
in-english/activating-in-four-steps/index.html

11. „MasterCard is opening up to developers through the
launch of a single gateway to a host of Application
Programming Interfaces (APIs) covering payments, data,
security and 'new and experimental' areas such as virtual
reality. Following in the footsteps of Visa, which opened
up a developer platform earlier this year, MasterCard is
vowing to make it easier for partners to connect to and
integrate with its services.
Developers now have access to more than 25 APIs,
including MasterPass and MasterCard Digital Enablement
Services, in a more accessible format.”
Mastercard opens developer gateway
Link to the article
Picture: https://www.finextra.com/newsarticle/29516/mastercard-opens-developer-gateway

12. TRENDS, PLANS & Cooperations

13. „Starting with 2017, InvestCloud will enable JP Morgan
to customize website dashboards and mobile apps
for clients ranging from individuals with investments
of USD 1,000 to managers of family investment offices
with USD 1 billion or more. The bank plans to refine
its platform and its tools to become more customer
friendly for people who make their own trading
decisions, people who only check managed accounts,
and people who manage part and hire out the rest.”
JPMorgan partners InvestCloud to bring in innovation
Link to the article
Picture: http://www.thepaypers.com/online-mobile-banking/jpmorgan-partners-investcloud-to-bring-in-innovation
/766215-12

14. „The more than 700,000 users of small business
accounting software Xero will soon have a Facebook
Messenger bot to access their business data and help
them hire financial professionals. Plans for Slack and
Apple iOS bots were also announced today. The bot
codenamed Hey Xero will make its debut later this year,
the company said in a statement.
“Using Hey Xero, businesses will be able access the Xero
Advisor Directory and be recommended a suitable
accountant or bookkeeper in their area. Xero
subscribers will also be able to discover new apps in the
Xero ecosystem and query their latest financial data,
such as who owes them money or when their next bill is
due,” the company said.”
Xero to launch accounting bot for Facebook
Messenger, iMessage, and Slack
Link to the article Picture: http://venturebeat.com/2016/09/08/xero-to-launch-accounting-bot-for-facebook-messenger-imessage-an
d-slack/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed:+venturebeat/SZYF+(VentureBeat)

15. „Lenovo is partnering with Intel, PayPal and
Synaptics to combine its laptops with Intel’s on-chip
hardware security, allowing users to log into FIDO-
compliant services via Synaptic’s biometric
fingerprint sensors instead of entering a password,
according to a report by IT Pro.
Fast ID Online is FIDO’s set of technology-agnostic
security specifications to ensure stronger
authentication. The security authentication feature
in the new Lenovo devices leverages the built-in
security features of 7th Gen Intel Core processors,
the encryption and biometric features of Synaptics’
fingerprint sensor, and the payment processing and
unique authentication ecosystem of PayPal.”
Lenovo to offer fingerprint authenticated payments
on laptops
Link to the article
Picture: http://www.biometricupdate.com/201609/lenovo-to-offer-fingerprint-authenticated-payments-on-
laptops

16. „Disruption, innovation, Uberisation, disintermediation,
Fintechisation, regulation… all of these words are
nowadays perceived as challenges for the retail banks
and their business. Media and experts are fond of
predicting that all services still part of the current core
business of banks will be provided by new players from
outside the banking sector. This transformation will be
based on disruptive technologies, with the help of
regulators who have – at last! – ended the banking
status quo and fostered competition for the benefits of
consumers – writes Fabrice Denèle, Head of payments,
BPCE Group – in this article which first appeared in the
EPC Newsletter.” The author shares some thoughts on
what banks should consider to open themselves up to
this challenge.
What are the options for retail banks to prepare for
their future?
Link to the article Picture: http://www.paymentscardsandmobile.com/what-are-the-options-for-retail-banks-to-prepare-for-th
eir-future/

17. „First Annapolis recently completed the third edition
of its semi-annual Study of Mobile Banking &
Payments tracking consumer adoption and use of
mobile banking and payments products.
Given the energy surrounding all things mobile, it’s
not surprising that consumer adoption levels are
rising, but there is still a long way to go before
consumers leave home without their wallets—and
much that banks can do to help pave the way –
writes Melissa Fox, Senior Manager, Emma Causey,
Senior Consultant, and David Cencula, Senior
Analyst, each in Payments Strategy and Innovation,
First Annapolis.”
Mobile payments study – opportunities for bank
Link to the article
Picture: http://www.firstannapolis.com/wp-content/uploads/2016/08/First-Annapolis-Study-of-Mobile-
Banking-Payments-3rd-Ed_Aug-2016.pdf

18. „Led by former Deutsche and Barclays, Swift,
Barclaycard and Gain Capital Payments seniors,
Form3 Financial Cloud is promising full payments
and banking functionality through a single API
platform on a pay-as-you-go basis.
The new vendor says the industry has so far been
slow to adapt to changing customer demands and
growing cost pressures, increasing competition, the
burden of regulation (such as PSD2 and the EU Data
Protection Directive) and the need for improved
system and data security. Part of the problem is
outdated legacy back office systems, and complex
operational and manual processes, which are no
longer fit for purpose.”
New start-up targets SaaS opportunities in payments
Link to the article
Picture: https://www.finextra.com/newsarticle/29497/new-start-up-targets-saas-opportunities-in-paym
ents

19. „Financial institutions must often consider mobile
features that don't integrate smoothly with their
existing app, leading to the difficult decision of
offering different branded apps for different use
cases.
One of the earliest examples was mobile check
deposit, which some financial institutions saw as
enough of a differentiator that they were willing to
push out a second app just for this service. In the
case of San Antonio Federal Credit Union, the must-
have service is mobile card controls, and the credit
union is drawing inspiration from Facebook in how it
brings the service to market.”
Facebook's Mobile Strategy Inspires a Credit Union's
Security Plan
Link to the article
Picture: https://www.edwardjones.com/client-resources/convenient-account-features/mobile-check-de
posit.html

20. „Mobile wallet fraud will be the next big thing after
CNP [card-not-present fraud]," Pascual says during
this interview conducted at ISMG's recent Fraud and
Breach Prevention Summit in Toronto. "You saw in
some other markets outside the U.S. that when EMV
was introduced, gradually criminals migrated to
card-not-present fraud. Today, we have mobile
wallets, which kind of changes the game a little bit."
Mobile Wallets: The Next Fraud Target?
Link to the article
Picture: http://blog.unibulmerchantservices.com/emv-nfc-mobile-wallets-and-credit-card-fraud-liability/

21. 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