"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, September 27, 2011

Mobile Banking International Updates - Sept 27

How mobile and internet banking is making life easier for millions
"The banking sector may be growing by leaps and bounds, but Parag Darade's bank has become smaller. It's tiny enough to fit into his pocket. In fact, the Mumbai-based corporate executive carries it wherever he goes. Darade uses mobile banking to transfer funds, pay utility bills, recharge his mobile phone, even book movie tickets."

Standard Chartered to roll out mobile banking
"Standard Chartered Bank Kenya has announced plans to roll out a mobile commerce ecosystem network for its customers in partnership with Cellulant. Standard Chartered Bank Kenya will be rolling out a mobile commerce ecosystem (image: stock.xchng)
Cellulant, who powers mobile banking for more than 32 banks in Africa, operate Africa’s leading mobile commerce network, enabling over Kshs.10 billion in transaction value last year."

Innovating In Afghanistan
"'In 2002, fewer than 200,000 people in Afghanistan had access to telephones. Today, some 15 million Afghans use mobile phones and a full 85 percent of the population lives within the combined network coverage of the four major telecommunications companies. This technological leap connects Afghans to each other and to the economy in ways that were unimaginable just a few years ago,' the Administrator of the United States Agency for International Development (USAID) Rajiv Shah said recently in Kabul when announcing three USAID grants for further technological innovations, totaling more than $2 million."

AIB to bring out mobile banking site and apps for smartphones
"AIB will today unveil a new mobile banking service that will allow its customers to check balances, pay bills, top up mobile credit and transfer funds to other accounts. The new mobile banking channel will begin today as a web page optimised specifically for smartphones and will be followed in the coming weeks by an Android app and an iPhone app."

Customers will get incentives to adopt e-banking/m-banking
"Banks have decided to come up with incentives to allure customers to opt in at greater pace for internet banking as well as mobile banking facilities. As per a report released by consulting firm, Boston Consulting Group (BCG), in case banks are able to generate awareness amongst people about the benefits of mobile banking and also gain confidence on the security level of this facility, then a 20-30% rise in usage of the facility can be expected by the year 2020."

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