m-banking


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Related to m-banking: E-Banking

m-banking

n
(Banking & Finance) the practice of making financial transactions or managing bank accounts using mobile phone technology
[C20: m(obile) + banking]
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References in periodicals archive ?
Global Banking News-December 21, 2017--Metro Bank enhances m-banking offering
An increased activity through mobile banking system and expansion of m-wallet accounts enabled the m-banking service providers to process above 437 million annual m-banking transactions during 2016 with a volume of over Rs.
For his part, IACE Executive Adviser Majdi Hassen reminded that the crypto-economy is the use of data encryption technology and documents in the economy and when applied in the financial field is called blockchain or a virtual payment method in which there will be no traditional means of payment such as credit card or m-banking (Mobile Banking).
M-Banking requires little or no infrastructure, consumers are still reluctant to adopt M-Banking [3].
Similarly, m-banking provides customers with immediate, convenient, and affordable means of banking.
UAE is at the forefront of digital payment development so it was critical for Etisalat to provide its subscribers with innovative m-commerce and m-banking services said Rashed Al Abbar, Vice President of Consumer Innovations at Etisalat.
The network upgrade will also support Ooredoo Algeria's efforts to offer e-Commerce, m-Payments, m-Banking, m-Health, and m-Education services.
But banking has come a long way in the last few decades, and talk of the death of the branch has now pervaded banking circles--the branch is a relic, they say; in fact, there is an entire section of the burgeoning, digitally savvy generation that has never even set foot in their local branch office--27 per cent, as it turns out, according to Gemalto's Generation m-Banking global study on the attitudes of youth to mobile banking services.
As mobile banking apps are becoming a prerequisite service provided by major banks throughout the world, a new technology is created to divert saturation of the m-banking market - mobile wallets.
The collaborative effort will integrate Taisys m-banking platform with YES BANK Money, a domestic remittance service designed to meet the remittance needs of migrants, unbanked and under-banked population in India.
According to a leading telecom company official, This tax is a manifestation of uncooked priorities of government and it will seriously harm major prospects of e-commerce, m-banking, entrepreneurship and almost entire economy for meeting budgetary deficits.