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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