Tuesday, March 11, 2008
Mobile Banking & Technology Providers
Yesterday TowerGroup announced a new report titled, "The Ignition of US Mobile Banking in 2008: Do the Core Banking Vendors Hold the Key?"
The press release states, "Mobile banking is already a strategic business and technology priority for the top U.S. banks. While these major players have the financial and technical resources to make a strategic commitment to the mobile channel, most mid-tier and small banks are innovation and/or cost- challenged on this front. New research from TowerGroup finds that core banking technology vendors have a big role to play in helping mid-tier and small institutions take advantage of this emerging channel that will soon be a cost of doing business."
In the course of full disclosure I have not read the complete report; however, I do agree with the general premise. In fact, next Tuesday (March 18th) I will be a panelist along with Drew Sievers (CEO - mFoundry) and Lisa Stanton (CEO - Monitise) for the AFT conference in San Diego. Ironically, the topic is mobile banking and the participants will include the leading technology providers in the country. If you're interested I think there's still time to register - click here to learn more >>
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