Banks need to cash in on mobile corporate services — study

A new study from the Mobey Forum claims that while banks have been quick adopters of new technologies in developing services for consumers and small-medium size enterprises (SMEs), big corporations have often been overlooked. The study notes that corporate clients are …

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India unveils strategy to encourage mobile payments

India has laid out plans for a unified electronic payments system and APIs to encourage citizens to make use of mobile payments as opposed to dealing in cash. The National Payments Corporation of India (NPCI) has been given responsibility to …

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Telenor Myanmar plans mobile banking with Yoma Bank

Telenor Myanmar is partnering with Yoma Bank to offer mobile banking, with the aim of providing basic financial services in a country where only 6 per cent of the population has a bank account. The moves comes just a month …

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Mobile banking to overtake online within five years

Analyst firm Juniper Research reckons more people will be using mobile apps for banking than web-based options by 2019, as the 800 million people who used their phones for banking more than doubles to 1.75 billion in five years.