"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" 

Tuesday, May 10, 2011

International Mobile Banking Updates - May 10

Developing Mobile Payment and Agency Banking Risk Mitigation for Nigeria.
"As mobile Money providers await the Central Bank of Nigeria’s final licensing regime, stakeholders are bracing up to take a share of Africa largest mobile market with more than 80 million subscribers and probably may also be Africa’s most unbanked with less than 28 million bank accounts under an addressable market of 140 million people."

UK's Gen Y prepared to stump up $8/month for mobile banking

"The tech-savvy Gen Y demographic (18-26 year olds) will shape banking in the years to come. They demand on-the-go, personalized communications and seek to use a variety of channels, including mobile.

Banks love mobile banking, too. Moving consumers to mobile banking cuts down on branch and call-center costs hence why mobile banking is currently offered for free.

So the results of Simon-Kucher & Partners' consumer discovery panel study, which found over three-quarters (76%) of the Gen Y demographic in the UK would be willing to stump up a monthly fee for mobile banking, makes good reading for all concerned."

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