mobileVAS

July 16, 2010

SKT, KDDI, Softbank to develop m-banking platform

SK Telecom, KDDI and Softbank Mobile say they will jointly work on developing a Near Field Communication (NFC) mobile banking platform.
 
SKT announced the trio had inked a Memorandum of Understanding (MoU) to switch from their existing non-NFC mobile contactless banking services to a platform based on the NFC st

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May 26, 2010

M-banking 19% cheaper than banks: report

Mobile banking services are on average 19% cheaper than services from traditional banks, according to new research.
 
The research, conducted by the Consultative Group to Assist the Poor (CGAP), found that the lower the transaction value, the cheaper mobile banking is in comparison with formal banks.
 
“For example, at a transactional va

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March 9, 2010

Regulator warns it could block China Mobile bank deal

China’s state-owned assets regulator SASAC has signalled it could block China Mobile’s plan to buy into a state-owned bank.
 
Liu Nanchang, the head of SASAC’s general office has told Chinese media that the agency was opposed to state-owned enterprises (SOE) buying into non-c

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August 26, 2009

Peru to launch M Banking in mid-2010

www.WirelessFederation.com/news: Peru will reportedly launch mobile banking systems from mid-2010, reports Felipe Tam, Chief of Peru’s Superintendency of Banking, Insurance and Private Pension Funds (SBS).
The project dubbed as M Banking, is being developed with the financial support of Inter American Bank for Development (BID). “The BID has hired a consultant and we are waiting for [...]

August 19, 2009

Digitel launches m-banking & social networking applications (Venezuela)

www.WirelessFederation.com/news: Digitel, the Venezuelan mobile operator has reportedly introduced new applications via its i-móvil online contents portal. Named as Mercantil Movil Internet, is one the two new applications and offer access to mobile banking services, developed in partnership with financial services provider Mercantil Banco Universal. Mrcantil debit cardholders can use the m-banking application to carry [...]

July 8, 2009

Etisalat & Emirates NBD to launch mobile banking service in UAE

Etisalat, the UAE based mobile operator and financial services provider Emirates NBD will together launch mobile banking service. The new service will enable the subscribers to make account balance inquiries, transfer funds, pay their credit card bills and make payments to Etisalat by selecting the banking service from a menu on their mobile phone and [...]

April 21, 2009

Colombia sees 2.53Mn m-banking operations, gains acceptance

www.WirelessFederation.com/news: Mobile banking, in Colombia, has started gaining acceptance, reports nation’s Ministry of Finance. In 2008, the country saw 2.53 million m-banking operations, of which 443,787 were used for COP 12 billion in transactions and 2.08 million to check account balances. The country’s m-banking platform is being offered by Redeban Multicolor in partnership with Gemalto. [...]

April 13, 2009

Zain & MTN apply for m-banking licences in Nigeria

www.WirelessFederation.com/news: Zain and MTN, the Nigerian incumbents have applied to the Central Bank of Nigeria for m-banking licences as they seek expansion in mobile banking foray. Both the operators will reportedly target both banked and unbanked population of the country. Zain Nigeria said that its Zap service will enable subscribers to pay bills on goods [...]

March 30, 2009

Uganda Telecom & Standard Chartered Bank ink m-banking deal

Uganda Telecom and Standard Chartered Bank ink m-banking agreement enabling the UTL subscribers to access their banking services via mobile handsets. According to the agreement, the subscribers will have to sign up with the bank to access the m-banking service. The bank assures safe system for data which will not be stored on the Sim [...]

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