Mobile finance business models do they exist? Are they even important?
"Everywhere I go I hear bankers’ refrain “When will we see a viable business model for mobile banking?” Mid-market and smaller banks, credit unions and card issuers that have yet to mobilize their business are taking a wait-and-see attitude toward mobile account access."
Chase Adds iPhone Mobile Banking Application
"JP Morgan Chase & Co. has released Chase Mobile, a new iPhone/iPod Touch application available for downloading from the iTunes Apps Store."
Citi’s Mobile Money Ventures Sets U.S. Rollout for Early ’09
"Mobile Money Ventures, the Citi-backed mobile banking and payments joint venture with South Korea’s SK Telecom, plans a U.S. rollout of an iPhone application in January, followed by a mobile Web-based service that will for the first time create a carrier-neutral banking service for Citibank customers. "
Oman Arab Bank Achieves Revenue Growth and ROI from SMS Based Banking Services
"Derdack, provider of mobile messaging platforms and notification workflow software today announced that Oman Arab Bank, a leading bank in Oman, has achieved significant efficiencies in customer service and the opening of new revenue streams from SMS-based mobile banking."
mBanking Panel 1 - Driving Mass Market Customer Adoption
"The first panel of the roundtable on mobile banking for the bottom billion included two panelists, Brian Richardson from WIZZIT, South Africa and Bold Magvan from XacBank, Mongolia."
Motorola Enhances Mobile Commerce Solutions for Consumers
"First M-Wallet solution deployment in China marks a milestone in Motorola's M-Commerce development"
Citibank Korea launches mobile banking service in English
"Citibank Korea Inc., or CKI, is prepping the launch of their VM mobile banking service for web-enabled mobile phones."
Tuesday, December 16, 2008
Mobile Banking Updates - Dec 16th
Labels:
Chase Mobile Banking,
Citibank,
Derdack,
Javelin,
Mobile Money Ventures,
Motorola,
Wizzit,
XacBank
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