Articles tagged with: Mobile Banking

Financial Institutions Should Prepare for Crowded and Fragmented Mobile Wallets

­Banks and financial institutions launching mobile wallets in the immediate future should expect to enter a hotly contested market, crowded with own-brand solutions that are limited to the delivery of proprietary services only, according to Mobey Forum's Business Workgroup.  more

Related Tags: arm-holdings


Digital Payment Advisors Will Transform the Payment Landscape

­The development of digital payment advisor (DPA) applications residing on customer smartphones and mobile devices has the potential to fundamentally change the way many customers approach their choice of payment solution for higher-value purchase transactions, according to Gartner.  more

Related Tags: motorola-mobility


No Escape - Mobile Banking Tested on Mount Everest

­A publicity coup for the Standard Chartered bank as it arranged for its mobile banking app to be used on Mount Everest.  more

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Telenor Pakistan Adds Savings Bank to Mobile Money Service

­Telenor Pakistan has expanded its mobile money service into a saving bank. Easypaisa is Telenor's joint venture with Tameer Microfinance Bank formed in 2009. The company has now launched Khushaal Munafa, the first savings product on a branchless banking platform offering monetary returns to its Easypaisa Mobile Account customers.  more

Related Tags: atc, towervision, India


Kenyan Mobile Money Deposits Now Greater than the Country's Largest Bank

­Kenya's mobile networks are now collectively the largest bank in the country, thanks to the mobile money deposits they hold on behalf of their subscribers.  more

Related Tags: India


Increased Use of Mobile Banking Apps Despite Security Concerns

­An increasing number of USA based consumers are tapping into their mobile devices for money management, although some are worried about security issues - real or imagined - that financial services marketers need to better address.  more

Related Tags: alvarion, Israel


MoneyGram Launches Mobile Money Transfer Service in South Africa

­MoneyGram and South Africa's First National Bank (FNB) have launched their first mobile money transfer service in Africa, giving FNB account holders throughout South Africa provinces an option for sending and receiving international money transfers using their mobile phones.  more

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Quarter of Tablet Users to Pay Bills via Their Devices by 2017

­A new report from Juniper Research finds that a growing user acceptance of 'push' mobile banking and a sharp rise in tablet adoption will drive users of transactional tablet banking services to almost 200 million in 2017. This will represent approximately 19% of total mobile banking customers in 2017, compared to 9% this year, as consumers engage in increasingly mobile lifestyles.  more

Related Tags: st-ericsson


Mobile Banking Use Doubled Over Past Year in New Zealand

­The proportion of New Zealand's smartphoners who use their phone to conduct online banking transactions has almost doubled in the past year, according to Roy Morgan's latest Mobile Phone Monitor.  more

Related Tags: ericsson, huawei, nec


Monitise and Visa Extend European Mobile Money Agreement

­Mobile banking services vendor, Monitise says that it has renewed its existing mobile money supply contract with Visa Europe for a further three-years. Monitise has been working in partnership with Visa Europe since February 2011 to deploy mobile payments services to its member banks and financial institutions.  more

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