Oracle unveils its multi-channel solution called FLEXCUBE for financial services industry

Mobile trends

Oracle Financial Services has announced the introduction of its FLEXCUBE multi-channel banking solutions which will help financial services organizations to provide their customers with increased personalization to their services through mobile and direct channels. The product is called the Oracle FLEXCUBE Multi-Channel Solution, and it provides new versions of previous product for direct and private banking. This will give banks the ability to offer products and services such as those based on complete portfolio views, over a multitude of different direct channels, including mobile. Through the use of this solution,…

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Google Wallet security compromised with the use of simple brute force programs

Google Wallet

Google’s ambitious endeavor to become a major force in the emerging industry of mobile commerce has been going well. The company’s Google Wallet mobile payment application has been well received amongst consumers with NFC-enabled smart phones. There may be a problem, however, with the security of Google’s system. The acclaimed technology company has been adamant in their claims that NFC transactions with Google Wallet are entirely safe, as the application boasts of a number of high-end security features. It seems that Google did not account for hackers using brute force…

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Worries over privacy and security in mobile

Mobile Commerce

Throughout this year, there will be a great deal of movement toward enforcement in the privacy and security areas of mobile, as many concerns have already been identified regarding the use of mobile apps, discount coupons, and payments. Mobile commerce is seeing an explosive growth, which does indicate that people are starting to become more comfortable with the concept of using their mobile devices to make payments for purchases. That said, there is still a certain degree of worry in the mobile sphere regarding the security of using smartphones for…

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AVG releases report to shed light on the mobile security threat environment worldwide

mobile security smartphone kill switch

Leading internet and mobile security provider, AVG Technologies, has unveiled its “AVG Community Powered Threat Report – Q4 2011” which helped to provide a better understanding of the worldwide mobile security threat environment through background information, trend analysis, and insight. Among the most notable elements within the quarterly report is the information that it shared regarding QR code risks, rootkit persistence, and the theft of digital certificates through the bypassing of mobile phone security. Though cybercrime was once simply a matter of vandalizing sites and other elements of the web,…

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YouGove survey shows public wifi-using mobile shoppers at security risk

Mobile Commerce

Mobile commerce is continuing its rapid growth rate, and a notable part of that increase is due to access to public wifi. However, the results of a recent study from YouGov and UK2 has shown that more than half of the users of public wifi in the United Kingdom are placing their personal information at risk by using their mobile devices over these unsecured networks. The survey showed that 56 percent of adults in the United Kingdom who have ever used public wifi rarely check on whether or not that…

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