"Brandon McGee, Industry Insider, Mobile Banking Guru...He is not only the real deal, a genuine industry insider, but also knows exactly what's on the minds of financial service pros as they contemplate the various mobile options." - Jim Bruene, Publisher & Founder, Online Financial Innovations

"Going Mobile. Local executive carves niche as national expert on fast-growing banking-industry technology trend" - Scott Olson, Indianapolis Business Journal (IBJ)

"Brandon McGee, the industry's unofficial ambassador for mobile banking" 

Monday, June 15, 2009

Mobile Banking Updates - Jun 15

Safest Way to Bank Online? Your Cell Phone
"So you want to bank safely online? Then ditch your computer and make the transaction via your cell phone instead. Using a mobile handset for this most sensitive online act might sound counterintuitive, given that phones are prone to being lost or stolen, but your cell phone might actually be safer than your computer for paying bills or checking your statement online."

Mobile Money Substituted For Banking In Developing Nations
"The Consultative Group to Assist the Poor (CGAP), a microfinance group working to expand access to financial services for the poor in developing countries, says that mobile financial services will be offered to the poor people in burgeoning markets. They believe that the increase in mobile coverage is responsible for this growth. This would mean that over a billion people in the developing world would have access to a mobile phone, but not to a bank account. The CGAP expects this number to hit 1.7 billion by 2012, with approximately one in five using mobile money, thus creating the $5 billion market."

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