Near Field Communications Handsets and Tags, NFC Pilots and Projects

Citi's U.S. head of online and mobile banking resigns

Tuesday, August 17, 2010

Liza Landsman has resigned as Citigroup’s U.S. head of online and mobile banking after only a year of directing its consumer internet and mobile division, according to finextra.com.

A Citi employee since 2000, Landsman helped Citi roll out a bevy of cutting-edge projects, including mobile banking apps, the Citi Shopper bargain-hunting app, and contactless payment stickers.


However, last month it was discovered that a Citi mobile banking app for the iPhone contained a security flaw that backed up and saved user account information to a hidden file on consumer handsets, ultimately leading to the dismissal of Landsman’s appointer Terri Dial in January.

According to Bloomberg, Dial’s replacement Manual Medina-Mora has decided to take things in a different direction, appointing PayPal’s Dickson Chu as innovation chief for Citi’s US retail cards business.

Read more here[end] 

DeviceFidelity and SpringCard have unveiled moneto, a multiplatform mobile wallet solution for iPhone and Android users.

Much like DeviceFidelity’s In2Pay solution, moneto relies on a protective iPhone case equipped with an NFC-enabled microSD card. The moneto mobile wallet is powered by MasterCard PayPass technology and linked to a reloadable MasterCard prepaid card to enable contactless mobile purchases wherever PayPass is accepted.

read more »

Visa Europe has announced that NFC-enabled smart phones from Samsung, LG and Research In Motion have been certified for use with Visa payWave, Visa’s mobile application for payments at the point-of-sale.

read more »

A new survey from Euro Kartensysteme shows that Germans are starting to embrace the idea of contactless and NFC payments.

Out of 1,040 Germans aged 18-59, 43% responded that they would like to make contactless payments if given the opportunity, of which 58% percent would make their payments with a debit card card, 41% with a credit card and 50% with an NFC phone.

read more »

Mobile payment solution provider I Love Velvet announced that it has reached the second level of EMV certification (EMV2) which authorizes PIN and integrated chip payments from debit, credit and smart cards around the world.

read more »

Be first to comment...
Comment on this article

Your full name and URL will be displayed with your comment.

Your email is not shown or shared, and is used only for your Gravatar image.




characters left.