Mobile banking: A Bank within your fingertips
Over the past few years, mobile and wireless market has been one of the fastest growing markets in the world, especially in Asian countries such as China, Indonesia, India, and Philippines where the mobile infrastructure is better than the fixed-line infrastructure. Therefore, the growth of Mobile technology is affected as well. Mobile technology offers many ease and effectiveness use of time, since people can fully utilize the data capabilities of their mobile phones. One of the most popular technologies available for mobile phones is Mobile Banking.Mobile banking (M-Banking) is one of the mobile financial services that are offered as a part of mobile commerce. Mobile Banking refers to "provision and availment of banking and financial services with the help of mobile telecommunication devices. The scope of offered services may include facilities to conduct bank and stock market transactions, to administer accounts and to access customized information.”
Mobile Banking allows people to access their bank accounts in seconds just by a few presses on your mobile phones, but you have to register to the appropriate website in order to use the service.
Several points that will be revealed later:
• Mobile banking as a mobile commerce breakthrough
• History of mobile banking
• How mobile banking works
• Opportunities in mobile banking
• Challenges in mobile banking
Ray -13504045
Chris - 13504117
posted by ChrisZ Cool @ 11:16 PM
1 Comments:
I am currently doing some research on mobile banking and I was wondering if you have any idea which bank launched the first sms banking solution and in which year this was.
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