In the same week it announced its new mobile-Web, iPhone-capable application, mobile phone banking vendor ClairMail is now working with dotMobi, the company behind the .mobi domain and whose datasets are used by developers to standardize content across different mobile systems. ClairMail, best known for delivering banking and payment services through three formats (SMS Text, mobile browser and downloadable application) with two-way messaging capabilities to end-users, announced it will be using dotMobi’s DeviceAtlas database of developer tools for thousands of mobile devices. The use of DeviceAtlas means ClairMail can tailor its mobile Web offering to any mobile device from the same .mobi address. “Mobile banking and transactional payment solutions have exploded this year, and DeviceAtlas is poised to be an integral part of making them accessible for everyone,” said Trey Harvin, CEO of dotMobi, in a statement.“The recent launch of our iPhone-optimized mobile Web offering underscores the demand from our bank customers for mobile banking solutions that support all handsets across all carriers,” said David Thompson, vice president of marketing of ClairMail “Our partnership with dotMobi will ensure that the ClairMail service remains available to all mobile users.”
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Threat group ShinyHunters claimed responsibility for the attack, which reportedly targeted third-party platforms rather than Betterment's own systems.
February 6 -
Artificial intelligence developments are stoking investor fears about software companies. Banks' limited exposure to the sector and general stability is proving attractive to investors.
February 6 -
Prosperity Bancshares finalizes the second of three acquisitions it's announced since July; Sumitomo Mitsui Banking Corporation appoints a new chief information security officer for its American operations; Huntington Bancshares, Third Coast Bancshares and Heritage Financial completed acquisitions; and more in this week's banking news roundup.
February 6 -
Fintech and crypto groups said in comment letters to the Federal Reserve that the proposed "skinny" master account is too limited and could keep firms dependent on banks. Banking groups asked for more time to comment.
February 6 -
Federal Reserve Vice Chair Philip Jefferson said in a speech Friday that long-term productivity gains brought on by artificial intelligence could compel the central bank to maintain higher rates to keep prices stable.
February 6 -
While the e-commerce giant has deemphasized the technology, banks and payment firms are testing the biometric option.
February 6





