In South Africa, cardless ATM withdrawals via mobile phone
"The virtual ink had scarcely dried on our story about South Africa's upcoming Mahala Free Banking Platform last week when we received word of yet another mobile banking innovation in the country. Customers of Johannesburg-based First National Bank (FNB) can now make withdrawals from an ATM without a bank card using just their mobile phone."
Initial Details of Third Party Mobile Banking Unveiled
"We first heard of Third Party Solution for Mobile Banking in November 2009, when Pakistan Telecommunication Authority and State Bank of Pakistan jointly announced the proposed formation of unified regulatory framework for Third Party Solution Provider (TPSP) system for enhancing mobile banking in the country."
Rakbank launches Mobile Banking solutions
"A renowned market leader in customer service, Rakbank announced the launch of its Mobile Banking service, an alternative channel that provides customers with the opportunity of conducting banking transactions via their mobile phones. Rakbank's Mobile Banking is available on smart phones as well as conventional mobiles to ensure that all their customers can make use of this practical service."
OCBC banking app scans barcodes
"Mobile banking apps typically allow customers to view their account details and carry out transactions such as funds transfers. OCBC Bank's Android app, released last month, also offers users the ability to scan selected bill barcodes for easy payment. This video segment is part of ZDNet Asia's Financial Services special report."
Mobile banking via app has rewards, risks
"The days of restrictive banking hours have long since passed, and now you can add smartphone apps to a growing list of technologies that have made it easier to access your accounts -- any time, any place. The applications offered by several of Canada's big banks give users an ever-growing range of options including checking balances, transferring money between accounts and paying bills."
Obopay wins prestigious Asian Banker 'Technology Implementation' Award 2011
"Obopay Inc, one of the world’s leading mobile banking and payment providers, has been awarded this year’s ‘Asian Banker Technology Implementation Award’ for its work in India. Obopay, along with Yes Bank, was honored with the award under the ‘Best Multi-channel Capability Project’ category. The prestigious award, given annually in honor of organizations that have helped in successfully implementing banking projects/operations with technology as its backbone was accepted by Deepak Chandnani, CEO, Obopay during the award ceremony in Hong Kong. The winners were chosen from a strong list of contenders."
Mexico to introduce m-banking services by year-end
"Mexico is planning to launch mobile banking services by the end of this year. According to Guillermo Babatz, president of the Mexican Banking and Securities Commission (CNBV), m-banking service users will be able to make payments and money transfers directly from their mobile phones."
Wednesday, April 13, 2011
International Mobile Banking Updates
Labels:
Asia,
Mexico,
Mobile banking,
OCBC,
Rakbank,
South Africa,
State Bank of Pakistan
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