International Mobile Banking Updates - Mar 6

ACLEDA Bank Earns Celent Model Bank Status for its Fiserv-Powered Mobile Banking Initiative
"Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, announced today that its client, ACLEDA Bank, PLC., was named a Celent Model Bank for 2013. Celent selected ACLEDA, headquartered in Phnom Penh, Cambodia, based on its successful initiative to bring mobile financial services to consumers without banking relationships, which the bank accomplished using Mobiliti Reach™ from Fiserv."

Mobile banking passes 6 million . . . fast
"Using a mobile phone for banking passed through 6 million users in Australia in the September quarter 2012, which was six months faster to that mark than Internet banking a white paper has revealed. While Internet banking took 15 quarters (3.75 years) to be adopted by 6 million users in Australia, mobile banking took only 13 quarters (3.25 years) to reach the same mark."

Banks moving towards mobile banking
"Bankers and software designers are meeting in Singapore to discuss how to take advantage of smartphones and tablets to expand their business. Banks are shifting investment, from brick and mortar branches packed with staff to slick IT solutions. Singapore software company Tagit is tailoring solutions differently for emerging markets like Indonesia and the Philippines, and banks with established networks in developed countries like Japan and Australia."

New Research Reveals China’s Potential for a Mobile Banking Revolution
"Researcher Patrick Ainslie calls it ‘handshakes over hetongs’ (the Mandarin word for ‘contract’). It’s an opportunity, an open challenge even, to reach 250 million people in China and potentially transform their lives. Ainslie is part of a team of researchers at New York-based social enterprise Reboot, which recently published a study, based on extensive field interviews, on designing financial services for China’s marginalized groups."

 The Moving Target of Mobile Banking Service
"When my colleagues and I talk about mobile banking, we are struck by how many banks operating in mature markets could learn from Africa. Despite the infrastructure challenges – and in some ways because of them – many African banks display a real commitment to innovation in service. Standard Bank of South Africa, for example, is working to provide “inclusive banking” – banking services for the previously unbanked. These customers may not own smartphones, but they can now deposit money and pay for utilities using the phones they have."

Mozido Appeals To Politicos For Action On Mobile Banking
"Gregory Corona, president and chief executive officer of Mozido LLC, has reached out to two top administration officials to run interference for his company with the Bank of Jamaica over a mobile banking deal with the credit union league that has been stalled by regulatory review. Texas-based Mozido operates a local subsidiary, Mozido Jamaica, managed by Kavin Hewitt."

Only three weeks left to register for the third Annual Mobile Banking Southern Africa Conference
"With only three weeks left to register for the third Annual Mobile Banking Southern Africa Conference 2013, we invite all financial, retail and IT professionals dealing with mobile banking and mobile payments to secure their seats at this high powered event. Registrations are filling up and the conference once again promises to be a full-house."