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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In a panel session exploring retail banks of the future and strategies to maintain a competitive edge in a crowded market, King spoke about the banking landscape in Qatar in light of the nation's recent economic ratings and answered significant questions about the challenges of an over-banked market, products shifts in response to customer demands and product differentiation through, for example, m-banking and e-banking in a highly saturated industry.
With the increasing teledensity, it is clear that the masses are catching up with the mobile mania, and operators are quick to cash in on this with special low-priced schemes, crop and weather alerts, m- wallet and m-banking, e-learning through video on mobile, telemedicine, e- government and multi- lingual applications.
However, there is little academic research on mobile applications such as m-banking. Mobile banking offers the opportunity to diminish the financial exclusion suffered by the poor by offering access to credit, savings, and transfers, which are key tools capable of transforming their livelihoods as well as the efficiency of the market.
Sofia, Bulgaria, June 10, 2010 --(PR.com)-- Sirma Business Consulting launched SBC M-Banking, new universal mobile banking solution.
Banco do Brasil has established a seven-year mobile banking project, which is divided into three areas: general banking, customer relationships (including sending SMS to customers) and its m-banking mobile payments project.
The report also assesses market structure and regulatory measures related to spectrum awards and licensing, as well as emerging technologies and services including mobile TV and m-banking.
Equity's bid to purchase ProCredit bank Congo was given an increase by the DRC government's authorization of their M-banking infrastructure.
It will be done by integrating Taisys m-Banking platform with YewES BANK Money, a Domestic Remittance Service designed to meet the remittance needs of migrants, unbanked and under-banked population in India.
Speaking at the 6th International Conference on `Mobile Banking in Pakistan,` in Karachi on Thursday, he said that developments in m-banking and commerce would lead us to connect the un-banked segments of our population to financial services, thus contributing to their empowerment.
Mobile services, provided by institutions such as Equity Bank and the advent of m-banking pioneered by telecoms provider Safaricom, have vastly increased the number of people who can now access services, such as money transfer, usually provided by the formal banking sector.
Effects of m-banking on a common person will be analyzed and different individuals from the industry will share their experiences.
The platform will provide the infrastructure required for T-Mobile to offer its subscribers smart card-based services such as m-commerce and m-banking.