Mobile banking: Take the security call
"More banks now look to offer mobile banking services. But while welcoming the convenience, security experts say safety guidelines need to be followed for the services to gain ground.
According to Gary Singh, General Manager, Nokia Mobile Payment Services, mobiles are safer than using an ATM card with a PIN. 'You need a password for the application and a separate PIN for the transaction. We also check the phone number and the IMEI code, so you have four levels of security.'”
BNZ sees fast return on mobile banking investment
"Launched via BNZ Twitter, the dual release quickly raced to the number one spot for financial apps in Apple's iTunes store.
BNZ says the uptake is gratifying, coming after the bank invested strategically in the assembly of a mobile banking software team at its head office in Wellington. The team are supported by various disciplines from across the bank and have developed the BNZ mobile banking solution from the ground up."
St George banks on mobile apps
"Monthly smartphone transaction volumes are already equivalent to those at 85 physical branches, double the figure from eight months ago.
In time, St George wants its mobile banking apps to act as a customer acquisition platform so people can apply for credit cards, personal loans and other products on their mobile devices.
The bank has 1.3 million logins and attracts about 500,000 financial transactions each month on its mobile apps, which recently underwent a revamp for iPhone, Android, Windows Phone 7 and BlackBerry devices."
Dutch-Bangla Bank selects Sybase 365 for m-banking In Bangladesh
"'Sybase 365's platform allows us to deliver the best possible mobile banking services to our customers,' said Abul Kashem Md. Shirin, Deputy Managing Director, DBBL. 'Bank-led mobile banking is the standard worldwide and we hope that efforts to pioneer mBanking will propel other banks to adopt similar services and accelerate the process of financial inclusion in other developing markets.'"
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