Mobile Banking

Although talked about for years, mobile banking has become a reality in 2010, to the point where it is viewed as the "fifth channel" of banking. By the end of this year, the majority...

Financial institutions will need to aggressively promote the benefits of mobile remote deposit capture service in their marketing communications in order to grow its usage, according to a recent survey by SYNERGISTICS Research entitled,...

Equity Bank has launched its telecommunications services under Equitel, the brand name for its fully-owned subsidiary Finserve Africa. The largest lender by customer base has been issuing ordinary SIM cards at its banking halls since October last year after...

Mobile Money, a mobile banking initiative by mobile operator MTN that uses Pick n Pay and Boxer stores as branches, has reached a million customers and processed more than R1 billion in its first...

Commonwealth Bank Indonesia, a subsidiary of Commonwealth Bank of Australia, is tapping into growing mobile banking market in the country, benefiting the increasing number of middle-class people in the largest economy in Southeast Asia. 'Up...

Faced with growing competitive threats from non-traditional sources, such as alternative payment providers, banks around the world have aggressively swung their attention to emerging mobile platforms to defend their payments revenues, according to...

Mobile banking by smartphone and tablet has become the leading way customers manage their finances, as mobile banking overtakes branches and the internet as the most popular way to bank. New research from CACI for...

Mobile Money Ventures (MMV) has announced it has teamed up with Citibank to offer the first browser-based mobile banking solution in the Philippines. Citi Mobile Banking allows customers to securely manage their banking needs from...

A Technical Committee on Mobile Banking has been set up by The Reserve Bank of India to explore the possibility of providing SMS-based mobile banking on all types of phones. The Technical Committee on Mobile...

Banks are gradually improving their business and offerings to attain higher levels of customer satisfaction, but have yet to fully leverage their mobile banking services, according to the 9th annual World Retail Banking Report. The...