Latest News

Online & mobile banking technology supplier update Aite 4/21 Mobile banking, e-mail communications & enhanced fraud detection are the top 3 application purchase or homegrown developments large US financial institutions will engage into in the next 24 months. Aite provides an update on the online & mobile banking technology applications that top US financial institutions are likely to purchase or replace in the next 24 months. It provides an overview of the relative market share held by technology vendors across key online & mobile banking applications. Based on a survey of 23 of the top 80 US financial institutions ranked by number of checking accounts, the report finds that enhancing fraud protection & leveraging new channels (e.g., mobile) or enhancing existing ones (e.g., e-mail) will dominate online banking technology buyers’ minds. Of institutions surveyed, 59% say they are likely to very likely to deploy a mobile banking application in the next 24 months, while 41% say they will likely deploy a mobile bill payment application. ‘Over the next 24 months, online banking decision-makers at large US financial institutions will focus their technology purchases on expanding their channel communication & service delivery capability. Vendors which fail to differentiate through thought leadership & unique technology on those issues will miss an opportunity to foster deeper relationships with their target market.’ 36 vendors & their relative market shares are mentioned in this report, including ACI, Actimize, Acxiom, BankDetect, Cashedge, ClairMail, Digital Resolve, Early Warning, Entrust, Equifax, Exact Target, Fidelity Information Services (including EFD), Firethorn, First Data, Fiserv (including Checkfree, Corillian), Kana, Lexis-Nexis, Mastercard RPPS, MeridianLink, Metavante, mFoundry, Mshift, Oracle, ORCC, Pegasystems, Premier Global, Radware, Responsys, RSA, S1, Sybase (Financial Fusion), uMonitor, Vasco, Vaultus, Verisign & West Notifications Group.