mobile-banking

Since roads are generally dreadful, advances in communications, with mobile banking and telephonic agro-info, have been a huge boon.

A year later, Pozitron won the Global Business Plan Contest organized by Harvard Business School for an integrated, mobile-banking product.

As the cost of a simple mobile phone has fallen below $20 in most of the world, mobile banking is becoming affordable in emerging markets.

Mobile banking offers a more reliable alternative, he says, and could have economic benefits comparable to those of mobile phones.

If cellular transfers could slash that figure, mobile banking would prove to be a good call.

Given all these benefits, why has mobile banking taken off in Kenya and a few other places but not elsewhere?

Traditional banks offer mobile banking as an added service to existing customers, most of whom are quite well off.

Such text messages can contain sensitive financial information, especially as more smartphone users engage in mobile banking.

NCB Mobile Banking provides general banking and securities services through the mobile phone network.

She predicts that mobile banking, which has already taken off in Kenya, will be a great enabler of m-health.

Most importantly, he says, mobile banking can help the industry repeat the huge impact made when mobile phones were first introduced.

Mobile banking is just one example of a wider phenomenon in South Africa.

Mobile Banking A method of banking where customers have the ability to access bank accounts and information through their mobile phone.

In most mobile banking models, the person sending a payment sends the amount by text to the recipient's phone number.

We have now launched mobile banking in all markets in which we operate in the region.

Mobile banking first appeared in the Philippines in 2001, when two operators, Globe and Smart, introduced their own domestic payment plan.

They brought mobile banking to Afghanistan and are now pursuing the same effort in the Democratic Republic of the Congo.

Even so, the on-the-go convenience of mobile banking is attracting users in the West.

The incomes of Kenyan households using M-PESA have increased by 5-30% since they started mobile banking, according to a recent study.

it hopes to introduce universal mobile banking next year.

Already the iPhone is the most popular mobile device with Bank of America -- it accounts for 20% of ALL mobile banking with them.

In early 2009, Citigroup ( C) launched a new mobile banking application for the iPhone.

I think the potential of mobile banking is huge, going forward.

Frezer Ayalew is with the National Bank of Ethiopia. He says mobile banking services will help the country.

In Pakistan, where only 14 percent of the people have bank accounts, Telenor introduced mobile banking in November 2008.

In the Maldives many people lost their savings in the tsunami of 2004; it hopes to introduce universal mobile banking next year.

Mobile banking, meanwhile, is popular but most banks have yet to find a way to grab a large chunk of the profits.

Mobile Banking Security: The Call for Technology Standards and Proactive Security Messaging

Keywords. Mobile Banking , medium of payment , electronic commerce

Here's how that growth breaks down for the three primary mobile banking channels (note that some people use more than one)

Customising mobile banking in India - issues and challenges

Mobile Banking Technique Based on USSD