Mobile banking

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  • Mobile Banking And Its Impact On The Economy, Transportation, Banking, And The Banking Industry

    874 Words  | 4 Pages

    influenced by computing technologies. Computers control the economy, transportation, banking and many other functions. Internet and mobile technologies are increasingly being adopted and utilized in the banking industry; this has reshaped the consumption of financial services. Electronic banking is considered a way of delivering banking services through the internet to the consumer at a reduced cost to the banking industry and improved convenience to the customer . However there exists a low internet

  • Challenges for Mobile Banking Services

    2013 Words  | 9 Pages

    Challenges for Mobile banking services Mobile banking is also popularly known as SMS banking or M-banking. It is the latest development in the banking sector that enables us to conduct banking transactions by using the mobile phone. Mobile phones are no longer a communication device, but can be used for several other purposes including executing business operations. After internet banking, it has added another dimension to banking by enabling any kind of banking transactions like payments, balance

  • Mobile Banking

    2244 Words  | 9 Pages

    Report On Mobile Banking Introduction The last time that technology had a major impact in helping banks service their customers was with the introduction of the Internet banking. Internet Banking helped give the customer's anytime access to their banks. Customer's could check out their account details, get their bank statements, perform transactions like transferring money to other accounts and pay their bills sitting in the comfort of their homes and offices. However the biggest limitation

  • Mobile Banking

    11695 Words  | 47 Pages

    Individuals to Adopt Mobile Banking FACTORS AFFECTING INDIVIDUALS TO ADOPT MOBILE BANKING: EMPIRICAL EVIDENCE FROM THE UTAUT MODEL Chian-Son Yu Department of Information Technology and Management Shih Chien University # 70, DaZhi Street, Taipei, Taiwan ABSTRACT Fast advances in the wireless technology and the intensive penetration of cell phones have motivated banks to spend large budget on building mobile banking systems, but the adoption rate of mobile banking is still underused

  • The Flow Experience Within The Mobile Banking Services

    2127 Words  | 9 Pages

    Although extensively covered within marketing research, only a limited number of studies have investigated the flow experience within the mobile banking (m-banking) setting. The current study investigates the concept associated with online consumer experience (flow) alongside the role it plays in affecting consumers’ repeated intentions towards mobile banking services. Flow is a fun-filled experience, which individuals feel while participating fully in activities (Hung et al., 2012), and acts as

  • Advantages And Disadvantages Of Mobile Banking

    935 Words  | 4 Pages

    personal contact: During the banking transaction, there are no interaction between customers and banks. • Competition: the banking world is becoming more and more competitive 2.3 Some risk associated with Mobile banking are: 2.3.1 Perceived Risk Perceived risk arises from the uncertainty that customers face when they cannot foresee the consequences of their purchase decisions. (Aldás-Manzano, et al., 2009). Mobile banking risk is perceived to be higher than traditional banking channels as they operate

  • Mobile Banking : The New Progression Of The Traditional Banking System Essay

    2126 Words  | 9 Pages

    traditional banking system. The previously established banking process involved multiple tangible items - credit cards, checkbooks, and cash. This all has changed drastically within the past 10 years with the development of mobile banking. Mobile banking incorporates web-based transactions and abilities, mobile payments, and other financial relations all-stemming from a mobile device. It has become widespread due to the accessibility, ease, and the number of users continually joining the mobile banking

  • Literature Review On Mobile Banking

    1704 Words  | 7 Pages

    Aijaz ,Shaikh & Karjaluoto (2014) carried out a literature review on mobile banking adoption. In their research report journal they acknowledged that e-commerce continues to play a significant role in the international business environment. They further stated that technologies and applications now focus more on mobile commerce, mobile computing among others. Consequently, mobile banking has been considered an instrumental channel of distribution and therefore research focus on its adoption. By the

  • Bank of America Mobile Banking

    2473 Words  | 10 Pages

    Mobile Banking On a cold morning in January 2010, Jen McDonald, head of Bank of America Corporation's (B of A) Digital Marketing group, walked briskly to the conference room to discuss the future of the bank's mobile strategy with Douglas Brown, senior vice president, Mobile Product Development, and David Carrel, senior vice president, Strategy and Analysis at Starcom, the company which the bank worked with for internet. Bof A launched mobile banking in May 2007, which allowed customers to

  • Security Threats of Mobile Banking

    1648 Words  | 7 Pages

    Security Threats of Mobile Banking Student ID: TP023353 Introduction The evolution of technology over the past few years has been part of a phenomenal experience in our everyday lives. Today, more and more people rely on getting things done faster and quicker, with the help of technology. Take banking for instance, the traditional way was having to go to the bank for even the smallest transactions like sending money, checking your balance and so on. Then came the era of Automatic Teller Machines