U.S Bank Adds Instant Cash Transfers to Mobile App
U.S. Bank today improved its mobile banking applications with the ability to send cash instantly to others. U.S. Bank has offered peer-to-peer money transfers for more than a year, but before today they required a waiting period. The new service makes transfers instantaneous and offers receipts for both parties. U.S. Bank further improved its mobile apps with the ability to request money so, for example, a college student can send a cash request to his or her parents. These new features are also available though U.S. Bank's web site. The instant payments are sent using Fiserv's Popmoney Instant Payments service. U.S. Bank says the recipient's bank needs to participate in Fiserv's Popmoney service in order for instant transfers to work. U.S Bank customers can update their Android and iOS mobile apps via the respective app stores.
Google Unfolds A Brand New Wallet App for Android
Google today released a fully redesigned Google Wallet application for Android devices. Google Wallet is not an app for making mobile payments at retail.
Gmail for Android Gains Send-Money Feature
Google today made it possible to send or request money within Gmail on Android devices. The sender will need a Google Wallet account, but the recipient does not need Google Wallet, nor even Gmail.
Bank of America Apps Add Biometric Authentication
Bank of America today updated its Android and iOS apps with biometric security. Consumers who own handsets with fingerprint sensors — such as the Samsung Galaxy S6 or Apple iPhone 6 — can now use their fingerprint to secure the Bank of America app.
Bank of America to Drop Windows Phone Support, Too
Following Chase, Bank of America today indicated that it will cease to support the Windows Phone platform come March. According to the Windows Store listing for Bank of America's Windows Phone app, the app will cease to work in early March.
Several Banks Add Android Pay to Their Own Apps
Google has partnered with a small number of financial institutions in order to ease the process of signing up for Android Pay. Several banks, including Bank of America, Bank of New Zealand, Discover, mBank, and USAA, now let customers add debit/credit cards directly to Android Pay from within the mobile banking app.
This is new ?
I just wish they'd go under already.