Friday, September 28, 2012

Mobile tellers take banking by storm

Since taking the reins as chief information officer for Westpac, Clive Whincup has presided over the launch of the bank’s first iPad application; a trial to turn Android smartphones into contactless payment devices; the introduction of an iPad app to replace printed board papers; a 1000 iPad pilot for bank executives; and a St George innovation that allows payments to be made from a smartphone using only the recipient’s mobile number.

Image source: Article
It’s a fast-moving area: Whincup has been in the role for only nine months.

Payments analyst Edgar Dunn & Co predicts there could be 250 million mobile banking transactions each year in Australia by 2015.

Is your CU ready for the mobile teller phenomenom? Read the article to find out.

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