Mobile banking on the rise in India
"Mobile banking is becoming more and more prevalent in India thanks to its convenience. Month-on-month transactions carried out through mobile banking are surging both in volume and value terms. According to Reserve bank of India (RBI) data, a total of 3.7 crore mobile transactions took place between February and November 2012, jumping around 1.7 times in volumes over this 10-month period. These transactions saw nearly a three-fold increase in value over the same period."
Research and Markets: Mobile Banking: Sizing the Global Market Opportunity and How Will Apps Effect Growth in 2013
"The rapid rise of mobile banking offers providers an opportunity to improve relationships with customers and differentiate themselves from competitors. However, mobile adoption varies significantly across country markets. The report explores the market opportunity in countries with advanced, intermediate, or slow mobile banking adoption."
CGI, Monetise partner on offering mobile banking, payments services to FIs
"IT provider CGI Group Inc. and mobile banking and payment provider Monitise plc announced they are partnering on a mobile money solution for financial services and payment companies based on Monitise's technology platform. The new venture will combine the IT and consulting services of CGI-subsidiary Logica with Monitise's mobile money capabilities, the companies said."
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