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Growth of mobile banking lower-than-expected in India, says RBI

Jan 02, 2014

Growth of mobile banking lower-than-expected in India, says RBI

The Reserve Bank has expressed its disappointment over the lower-than-expected spread of mobile banking in the country saying the awareness levels of this tool has been wanting. #Internet #RBI #Reserve Bank of India #Banking #NewsTracker #Mobile banking
Mobile banking services: Trai sets tariff at Rs 1.50 a session

Nov 28, 2013

Mobile banking services: Trai sets tariff at Rs 1.50 a session

Aiming to promote use of mobile banking services across India, telecom regulator Trai has come out with guidelines and tariff on unstructured supplementary service data (USSD)-based mobile banking services. #Business #telecom #NewsTracker #Mobile banking #Tariff #SMS #mobile #banking services
RBI to review feasibility of SMS-based mobile banking on all handsets

Oct 10, 2013

RBI to review feasibility of SMS-based mobile banking on all handsets

A Technical Committee on Mobile Banking has been set up to "examine the options/alternatives including the feasibility of using encrypted SMS-based funds transfer using an application that can run on any type of handset for expansion of mobile banking in the country," the central bank said. #RBI #Mobile banking #SMS-based funds transfer
Why mobile banking is more on paper and less on mobile

Sep 13, 2013

Why mobile banking is more on paper and less on mobile

There is no doubt that mobile subscriber base as well as consumer opting for mobile banking is increasing in India. But, challenges like education and awareness, complexity of operations, handset and security issues along with pricing issues amongst various players first need to be sorted out #India #Raghuram Rajan #Mobile banking #SMS #PersonalFinance #Rajan
Spoilt for choice: Here are 5 tips on mobile banking

Nov 23, 2012

Spoilt for choice: Here are 5 tips on mobile banking

If you are not sure which mobile banking option you should choose, the following are a few simple ways to help you decide which option suits you better. #Mobile banking #SMS #apps #PersonalFinance #Internet Banking
Spoilt for choice: Here are 5 tips on mobile banking

Oct 01, 2014

Tangerine rolls out biometric ID and voice commands for mobile banking

Tangerine, Canada’s largest online-only bank, is bringing fingerprint recognition and voice banking to its mobile banking apps. For the growing numbers of Canadians who reach for their smartphones to do their banking, the new optional features will a... #Canada #Bank of Nova Scotia
Spoilt for choice: Here are 5 tips on mobile banking

Sep 29, 2014

Hoyos Labs Aims To Stop ATM Skimming With Smartphones

ATM skimming rips off  hundreds of millions of dollars from U.S. banks annually. Biometric security company Hoyos Labs claims to have a solution to stop this fraud that would cost a bank about $3 per customer per year. All a customer would need is a ... #Canada #Bank of Nova Scotia
Spoilt for choice: Here are 5 tips on mobile banking

Oct 01, 2014

How PayPal missed huge Apple Pay deal because of the Galaxy S5

One of the most important products Apple unveiled during its iPhone 6 event is Apple Pay, the company’s official foray into mobile payments. Apple secured deals with the most important card issuers and banking institutions in the U.S. ahead of the ke... #PayPal #Apple, Inc.