Mobile Banking Updates International - Oct 11

T-Mobile and 3 strike mobile banking deals with Monitise
"T-Mobile and 3 have secured deals with mobile money provider Monitise that will allow them to offer mobile banking to their customers. The operators will use Monitise’s mobile banking technology to enhance their service offerings, enabling customers to register and receive bank balance alerts by text message. UK users can access services via T-Mobile’s ‘Web‘n’Walk’ and ‘T-Zones’ mobile portals. They can register for weekly alerts to receive text messages at a time of their choosing, and be sent a message if their balance goes above or below a certain limit."

Absa scoops most innovative bank in Africa award
"Absa (ASA) reports that it was recognised as the 'Most Innovative Bank in Africa' at the African Banker Awards 2009 event held in Istanbul, Turkey, while its Tanzanian subsidiary, the National Bank of Commerce (NBC) Ltd was also honoured as the 'Best Local Bank in Africa'."

Banking while on the go
"Internet banking could become old hat as consumers now opt to use their mobile phones.Uptake of Kiwibank's mobile banking has grown 600 per cent in its first year, says spokesman Bruce Thompson. 'This is in line with global trends, with the tipping point being the launch of the iPhone.'"

With 'Splash Cash' Sierra Leoneans Move Money By Mobile Phone
"Mobile banking has already taken off in Southern and Eastern Africa. Sierra Leone is now one of the few West African countries with a service providing mobile phone transactions. Across West Africa, the yellow and black signs of the money transfer company Western Union are ubiquitous. Up until now, this was the easiest way to send money for those without a bank account."