Tag Archives: Mobile

Finance

The Importance Of Mobile Banking Apps, With Bob Jain

There’s no denying the impact of mobile apps in the banking industry, as there are many to be seen. Smartphones are common, in this day and age, so it’s no surprise that the apps in question have been used numerous times. However, you might be curious to know why these programs are so important. How have they received such a tremendous response? With the help of Bob Jain, you will find yourself learning a few things about them.

There are several benefits associated with mobile banking apps, among them the accessibility of information. As Bob Jain and others can attest, the fact that customers can look up sand information anywhere cannot be overlooked. It doesn’t matter if you are at home, or out and about. As long as you are somewhere that data can be used or Internet can be accessed, these details can be easily brought up.

If you are concerned about security, you can rest easy knowing that mobile banking apps incorporate it. What this means is that you do not have to concern yourself with information being accessed by third parties, if you log in on a regular basis. This gives you an additional sense of control over your banking, which is what most consumers desire. It’s fortunate, then, that these programs will be able to offer security of the highest degree.

Did you know that mobile banking apps might allow you to deposit checks as well? This is a fairly new feature, but the fact that it exists cannot go overlooked by companies such as Robert Jain Credit Suisse. All you have to do is take a picture of the check you’d like to deposit, before letting the functionality of your smartphone app do the best. For those who might be pressed for time, and cannot go to the bank, this is a helpful feature.

For those who have been curious to know why mobile banking apps have become so popular, hopefully these points make matters clear for you. There’s no denying the fact that these programs matter, especially for those who are especially mindful of their finances. You will be able to review important details, not to mention manage your finances at any location where the Internet is prevalent. By using these apps on a regular basis, you’ll discover just how beneficial they are.

For more fiscal information from Robert Jain, kindly contact Bob Jain Credit Suisse.. Free reprint available from: The Importance Of Mobile Banking Apps, With Bob Jain.

Banking

Third World Countries Rising With Mobile Marketing And Banking -Kenya?s M-PESA: The Unbelievable Success Story In Numbers

The internet, mobile banking and marketing are changing, the way people do business around the world.  First time giving to sell your products and services without leaving or traveling miles.  For those who are still living in the old methods of making money and marketing will get left behind if they don’t change the way they do things. 

Living in cold weather condition and have leave your home to go work cleaning snow get in a cold is no joke.  Doing some research I realize that third world countries are taking serious advantage of cell phone and mobile marketing to the next level while the first world countries are actually falling behind.

 

From Kenya To India Mobile Banking And Marketing Are Rovolutionizing Ordinary People Lives.

First let’s talk about the success story of M-Pesa mobile payment system in Kenya that transforming Kenya economy according to World Bank.  Below are some statistics and figures about how the mobile industry is changing Africa for the better.

 

 

M-PESA is a small-value electronic payment and store of value system that is accessible from ordinary mobile phones. It has seen exceptional growth since its introduction by mobile phone operator Safaricom in Kenya in March 2007: it has already been adopted by 11.9 million customers (corresponding to 54% of Kenya’s adult population) and processes more transactions domestically than Western Union does globally.

Here are some key numbers (as of August 2010):

1. 11.9 million registered customers, of which the majority are active. This corresponds to 73% of Safaricom’s customer base, 54% Kenyan adults, and 31% of the entire population

2. 19,500 retail stores at which M-PESA users can cash-in and cash-out, of which nearly half are located outside urban centers.

3. US $ 415 million per month in person-to-person (P2P) transfers. On an annualized basis, this is equal to roughly 17% of Kenyan gross domestic product (GDP).

4. There are 27 companies using M-PESA for bulk distribution of payments. Safaricom itself used it to distribute dividends on Safaricom stock to 180,000 individual shareholders who opted to receive their dividends into their M-PESA accounts, out of a total of 700,000 shareholders.

Amazing success story, this one. The report rightly points out the success factors:

“The growth of M-PESA is a testament to Safaricom’s vision and execution capacity. However, Safaricom also benefited from launching the service in a country which contained several enabling conditions for a successful mobile money deployment, including: s

trong latent demand for domestic remittances, poor quality of available financial services, a banking regulator which permitted Safaricom to experiment with different business models and distribution channels, and a mobile communications market characterized by Safaricom’s dominant market position and low commissions on airtime sales.”  This is really good news for Kenya and Africa.  Something different from the bad news we heard about news hear about these countries.  Source:  blogs.worldbank.org/psd/bringing-mobile-money-to-the-world. 

 

Even Remote Villagers Are Making Money With This New Technology.

From farmers to fisherrmen the list goes on.  Taking advantage of mobile marketing and banking, to sell to their clients, villagers from all over Kenya and other African Countries are becoming economically self reliant and doing business efficiently on a daily basic.  You can transfer money to a recipient cell phone without leaving your home to go to a western union and all you need a code giving to you that you can send to the other person and they will go and get the money with no obstacles.  I just think this is revolutionary, something I haven’t seen in the U.S.  pretty soon I heard ATM cards will be obsolete in Kenya because they have another technology developed called cashless Africa.  I will do some more search about this new technology because I don’t know how that going to work.

 

You Can Also Dive Into The 5.2 Billion Cell Phones In The World To Create Wealth.

For those of you who have businesses to run and looking for ways to create flood mobile traffic there’s a good news for you too.  There are so many opportunities in the U.S that you can tap into without leaving and become financially free.  I think every second someone in North America starts a home business opportunities.  Let me real true with here.  The new economy will not be building big factories, hiring thousands of people to do labor work.

 

 The new economy is in home businesses and the internet. It’s cheaper, free and for people who can’ compete with the big guys.  Another tools I came across is called the mobile money machine few days.  After doing some research I realized this is good software  for ordinary people to make some real money on the internet and jump at it ready way.  I think mobile marketing and banking is here to stay as it spread like viral worldwide.  Take advantage before you get left in the dust.  I hope you enjoy this article and take action on your future now. There’s no tomorrow. To learn more about mobile money machine visit: http://www.getmobilemoneymachine.net

 

 

 

Hi, My name’s Prince Samuels. I’m 34 years old internet network markter. I love to help people find the resources they need to market their businesses using free and low cost tools. http://www.marketinghelp2012.com

Money

Save Money on Your Mobile

Swap tariffs. If you are on a contract mobile deal then the chances are that your are receiving free texts and calls of some kind. However, the chances also suggest that your are not using all of them up every month.

So what are you doing paying extra money for a contract that you are not benefiting from? Instead, take a look at your actual monthly usage of texts and calls. Then have a look at the contracts currently on offer and see if you can find one that better suits your needs. You are bound to be able to find a cheaper deal if you currently use less than half of your monthly allowance.

PAYG. Pay as you go is an increasingly popular tariff plan these days as people try and tighten their belts to make their way through the recession. Whether or not to switch to this plan really depends on your individual phone usage.

If you are someone who uses their phone only occasionally, then there is no point spending money on a contract that offers you hundreds and hundreds of free text messages and calls. You will have to buy your own mobile handset to use a pay as you go deal however.

You only pay for what you need, can top up as much as you see fit, when you see fit, and many providers now offer their PAYG customers free texts and minutes too.

Many of us have experienced the horror of returning home from a lovely relaxing trip in the sun only to find our mobile phone bill has skyrocketed through the roof. You are sure you only made a couple of calls. But you did not anticipate the huge call charges, or the fact that you were being charged for receiving texts and calls too.

Next time, do not let your mobile ruin your holiday, and make sure you are prepared. First talk to your existing network provider or have a look at their website. They are likely to offer some overseas tariff deals that could save you money.

Alternatively, buying a travel SIM card and slotting it into your mobile could save you a massive eighty per cent on foreign call charge costs and most of these cards allow you to receive calls and texts free of charge too.

Vodafone offer great deals on mobiles and sim only deals if you already have your phone of choice.

Finance

Cheap Mobile Phone Deals- Saves Your Finance

How crucial is the subject economics in your life? It is but obvious that money is the base of every thing and if there is no money then a person will become helpless and he will not be able to survive in this expensive world. The current economic status is that there are commodities which are branded with a price tagged very high. Thus, it is very difficult for a man with limited income to gain that commodity. Thinking about this whole scenario, the mobile dealers have landed to a conclusion that they will announce the cheap mobile Phone Deals.

Due to the rise in the expenses it is but obvious that people will start buying commodities that are costly. Thus the only policy that is left to follow is the cost cut policy. In this situation the prices of the commodities are decreased or in other words they are reduced. This is for the comfort of a common man. A mobile phone is a device that a man uses in his daily life. Thus, it is necessary that the prices of the device to be low. Thus the Cheap mobile Phone Deals reduces the prices tagged on the mobile phone devices.

There are no fixed mobile companies under this act. Any mobile company can create its own Cheap mobile Phone Deals. In the deal a person can avail an imported device at a discounted price. Thus, the buyer is at a profit by signing this deal. There scientific reason why the deal has been announced. The logic for the origin of this deal is the finance. Finance plays a major role in this deal.

If you decide to enter this deal, there are various methods you can opt for to register your name, such as you can log on the website of the contract. You can also go up to the mobile store where the deal is been announced. A smarter way to get things done faster without paying an extra charge for it is to log on the internet.

Catherine Melough is associated with new Cheap Mobile Phone Deals and write articles for mobile phones. Get more information on Pay Monthly Mobile Phones, O2 pay monthly deals, cheap tariff plan, Special offers and Mobile Phones with Free Gifts here.

Banking

Are mobile banking service providers able allies of financial institutions?

In a fast-paced world, consumers want solutions to all their needs immediately and establishments look for novel measures to cater to the demands of customers immediately and effectively. In an effort to afford convenient banking services to customers, banks have started utilizing mobile banking solutions that allow financial institutions to win the confidence of customers.

As more and more financial institutions have realized the significance of mobile banking services, the need to hire banking software companies has also gone up in the recent past. There are reputed mobile banking solutions providers who cater to the demands of financial institutions, and who bring out result driven solutions in the process. Are mobile banking solutions providers able allies of financial institutions?

Novel customer experience

Needless to say, mobile banking services pave the way for a novel customer experience. When institutions hire the services of banking software companies to find perfect mobile solutions, the institutions are exploring a great possibility to afford enriching customer experience through such solutions. By allowing the customer to perform all banking transactions with ease, banks save customers’ time and afford a rich experience in the process.

Services through mobile channel

Financial institutions derive great benefits when they introduce mobile services, and banks have found a good channel to provide fast and reliable services to customers. The mobile channel happens to be robust channel, and the potentials of this channel have been tapped by the financial institutions through the means of mobile banking solutions. With the aid of this channel, banks are better placed to extend a wide range of services to customers and to enhance its profits margin in the process.

More time for other challenges

Though customer service is the most important aspect that arrests the attention of financial institutions, there are other challenges that deserve the attention of banks. In essence, banks should devote enough time to overcome other challenges, which is made possible when institutions introduce mobile solutions. With such solutions, made possible by the efforts of reputed software companies, banks are placed to afford convenient service and are in a good position to tackle all other challenges that come in several forms.

Reduce costs

As institutions have found a robust channel to introduce various services to get closer to customers, they are better placed to bring down the overall costs involved in offering services to customers. By allowing banks to cut costs, solutions offered by a reputed software company works to the advantage of banks, as the solutions also allow banks to register better productivity and profitability.

By offering customized solutions, and by allowing banks to reap rich rewards, mobile banking solutions providers are held as able allies of financial institutions.

Bank-companion.com provides mobile banking services which enables banks, community banks and credit unions to provide their customers with 24/7, anytime anywhere banking. The result is a secure and scalable platform that helps your organization to increase loyalty, acquire new customers, cross-sell products plus much more.

Banking

Do financial institutions derive good mileage out of mobile banking services

In a complex world where competition rules the roost, banks are always on the lookout for novel strategies to enhance customer service. Needless to say, financial institutions earn name and fame only when they offer spotless customer service. In their attempt to win customer confidence, institutions are making good use of mobile banking services to offer top notch services to customers. Financial institutions have started hiring the expertise of banking software companies to build effective solutions that in turn sets the trend for easy banking experience. Most importantly, institutions gain good mileage out of mobile banking services, as they make a rapid progress to bring in more customers in the process.

Perfect fit

Financial institutions plan to offer mobile services to afford convenience for customers. In essence, banks tend to tap the potentials of mobile devices to reach customers and to afford various customer services through this channel. The ideal solution built by banking software companies suits various mobile devices, where the institution can introduce customer services through the mobile channel. Such mobile solutions built by reputed companies prove to be a perfect fit for all kinds of mobile devices.

Rapid delivery

Banks look to build a robust online platform, and build services to reach customers at a faster pace. The prime element that drives a financial institution to afford mobile services is the need to ensure rapid delivery of banking services to its clients. The mobile solutions designed by renowned banking software companies make it easy for the financial institutions to deliver a wide range of services to customers at a quick pace. With this solution, a bank is well placed to afford quick services to customers and earn customer confidence in the bargain.

Delightful customer experience

A customer visiting the bank to carry out banking transactions is a thing of the past as more and more institutions are making diligent use of mobile solutions to afford easy banking experience to clients. When banks offer mobile banking services, they adopt an effective strategy to offer convenience banking to clients, which also paves the way for a delightful banking experience. Customers find it easy to manage their activities with the aid of mobile solutions unveiled by financial institutions, as they enjoy this novel banking experience in the process.

By introducing solutions built by reputed banking software companies, financial institutions gain good mileage out of the solutions, as they make rapid progress to enhance their customer base.

Bank-companion.com provides mobile banking services which enables banks, community banks and credit unions to provide their customers with 24/7, anytime anywhere banking. The result is a secure and scalable platform that helps your organization to increase loyalty, acquire new customers, cross-sell products plus much more.

Banking

Mobile banking services – To get rid of unsavory customer experience

Financial institutions are going the extra mile to introduce mobile banking services to afford pitch-perfect services to customers and to stay ahead of the competition. While making an earnest effort to build effective mobile solutions, banks seek the services of reputed banking software companies that are known to build novel mobile solutions.

Mobile banking services are not only looked upon as ideal tools to lure the attention of customers, but are also held as potent weapons that help banks to get rid of unwarranted customer experiences and service costs. With such solutions, financial institutions meet the expectations of customers and pave the way for a pleasant banking experience in the process. What is the prime factor that drives banks to introduce effective mobile solutions?

No strained relationship

As there is stiff competition to lure customers’ attention, banks go all out to provide customer experience by rendering good services. The mobile solutions built by banking software companies happen to be effective solutions that allow banks to win customer confidence and enjoy good long-term relationship with customers. With this solution, there is no strained relationship with customers, where banks can bring in more customers in the bargain.

No spiraling cost

Financial institutions offer their focal attention on various aspects concerning their services, and as one of the important features, the cost pertaining to services arrest the attention of banks. In effect, banks look to introduce novel measures to cut down the spiraling costs associated with their services. The mobile solution is an effective solution that allows financial institutions to cut down service costs, and to enhance the bottom line in the bargain.

No yawning gap

As the need to offer convenient banking services has pushed banks to introduce novel measures, financial institutions roll out effective strategies to arrest the attention of customers. By implementing mobile solutions, banks make sure that they are not lagging behind competitors and are on the right track to attract customers. With this solution, financial institutions close the yawning gap that can result from the usage of worn out and old procedures.

No disjointed customer experience

Needless to say, banking software companies build customized solutions that meet specific needs of banks and that aid banks to gain a competitive edge in the market place. While this solution gets introduced by banks, customers make the most of this banking experience and become loyal customers in the process. Financial institutions can rid of disturbances in their services, and can get rid of disjointed customer experiences that can harm the reputation of banks with the aid of such solutions.

With the mobile banking services, banks get rid of unpleasant customer experiences and stay on the right track to woo customers in the process.

Bank-companion.com provides mobile banking service which enables banks, community banks and credit unions to provide their customers with 24/7, anytime anywhere banking. The result is a secure and scalable platform that helps your organization to increase loyalty, acquire new customers, cross-sell products plus much more.

Banking

The Growing Influence of Mobile Banking in the New World Order

It is an indisputable fact that technology has proved to be the driving force for modern day existence. Scores of industries and subsequent growth would have been unimaginable, had it not been for the progress that has been made under technological augmentation. But even the most basic of human functions have benefitted from the continuous and path-breaking developments in the field of technology.

Take mobile banking for example. Few people in their right minds would have given a patient hearing if one were to have spoken of a world where money can be moved sans boundaries, with just a few taps and swipes. The entire banking industry in-fact has flourished, only through the monumental developments in mobile technology.

As life gets more hectic and people keep pushing the envelope in the name of productivity gains and progress, mobile based banking solutions are gaining in popularity and acceptance. The increased penetration of web-enabled hand-held devices has led to the banking industry scrambling over each other to explore new ways of catering to an increasingly tech-savvy consumer base.

More and more consumers are interacting with banks through their phones. The banks themselves have responded by pushing out solutions that are more in tune with their customers. One of the ways in which the industry is trying to achieve this, is by forging partnerships throughout the length and breadth of the economy. Each stakeholder, from the banks to the technological solution providers; the government to the economic institutions is attempting to provide a solid platform for growth through the leveraging of their strengths.

Mass segmentation techniques are being deployed as the banking industry tries to understand an extremely diverse school of requirements. Many of the players have already begun investing in Big Data monitoring, tracking and analysing solutions. As online retail purchases become increasingly mainstream, more and more people are starting to carry out their entire end-to-end interaction through their handheld devices. Some of the activities being conducted through mobile phones, includes the tracking and monitoring of new purchases, initiating the selection, and subsequent payment for the orders, etc.

As industry players and customers’ level up to the next wave in convenience driven transactions, it is clear that mobile banking is set to play a greater role in things than ever before.

Mobile Banking is a boon for easy banking in this busy schedule. Banking is now at your fingertips through your cell phone and easily accessible as well as user friendly to every individual.

Banking

BlackBerry as Mobile banking device

With the generation next going high on the mobile banking applications m-commerce is on a rise like never before. The financial institutions like banks are the “customer is king” philosophy followers and urge to give all the facilities demanded by their customers.

Mobility is not just in the entrepreneurial level, but has a role to play in every walk of life. Since the advent of Smartphone technology, RIM’s very own BlackBerry was a reigning device then. After being embraced for the e-mail and corporate messaging, this device was a pride possession with all sections of people. When the monetary transactions were enabled via Smartphones, unfortunately Blackberry was not the desired device by the banking professionals and customers.

The major reasons being the cumbersome interfaces that are difficult to adapt and finally the applications are not flexible or robust. Mobile banking apps for anyone should be highly flexible for a safe and secure transaction. BlackBerry’s networks are public in all sense and this is the reason that security is the main threat for any platform to qualify as a mobile banking platform. Though this device is best for contact management, email clients and calendaring mobile banking is a more sensitive data that cannot be compromised at any cost.

Another aspect that influences heavily in the choice of the mobile platform is the cost of the applications. Blackberry applications are expensive when compared to iphone or android. Installation of the BlackBerry Enterprise Server or BlackBerry Express is mandatory to achieve a full integration with the other features of the BlackBerry suite. Only if the device is covered under the BES, all activities can be controlled and streamlined by the administrator. This additional activity though a secure solution for the public networks of the BlackBerry is a layer of complexity on the business class device.

If one can afford the investment in the BES, the fear of security can be conquered as the administrator enable or disable some apps or features without any interruption. Also log requests can be made for all the activities that have been done.  Thus, mobile banking can only be safe on the BlackBerry devices only if the BES is installed fully and accurately.

Another alternative to combat the expensive BES is the BES Express. But even with this, the user has to deploy an additional server. Thus, the solution provided by the RIM has not been attractive enough to be accepted by the urban common crowd. The trends of accessing account transactions, mobile payments and applying of the credits from any place and any point of time requires a stable and secure platform. BlackBerry should focus on these trends to make a mark in the mobile banking era.

Apart from the investments that have to be made for the BlackBerry, this device with more innovation from RIM is a mandatory to woo not only the enterprise customers but also must appeal to the consumer market. This strategy will definitely influence the BlackBerry Mobile Banking share in a positive way.

Endeavour Software Technologies, Bangalore

Since 2002, Endeavour – The Mobility Company, has remained focused on strategic mobile consulting & mobile application development. Endeavour’s strategic consulting practice especially on iphone development brings best mobility practices and has helped large organizations and fortune 500 companies with articulating their enterprise mobility strategies and implementation roadmaps. Endeavour’s expertise spans across all mobile operating platforms including the big 4 – Android application development, iPhone Application development, BlackBerry application development, and Windows Phone development.

Banking

Queries on mobile banking services that taunt customers

Financial institutions are exploring avenues to find ideal ways and means to render good services to customers, and to earn their confidence in the bargain. In their effort to offer good services, banks have started offering mobile banking services that work to the advantage of the customers. With the aid of banking software companies, financial institutions are rolling out mobile solutions to cater to the demands of customers. Though mobile solutions have attracted the attention of customers, there are queries about mobile banking services that taunt and haunt customers. What are the queries that deserve proper answers?

Why apply for this facility?

In the first place, a customer wants to know as to why he should apply for this facility. Mobile banking has made things easy for banks and customers, and with this banking facility, a customer can carry out banking transactions from any part of the world, and at any time that suits the convenience of the customer. By applying for this facility, a customer can make good use of the anytime anywhere banking mode, and save his valuable time in the process.

What are the requests to be made?

Another query that demands a suitable answer is the query about requests that can be made by a customer, with respect to the mobile services rendered by a financial institution. A customer can make use of this mobile banking facility to check his account balance, to glean details regarding the check status, and about details of the transactions among other types of services.

What is the specialty?

Financial institutions seek the services of banking software companies to introduce mobile solutions that work to the advantage of customers. These solutions are so special, where the solutions offer a wealth of benefits in the process. With the help of mobile phones, customers can gain access to their account, and conduct several transactions without having to invest more time and energy to accomplish such tasks. Whether it is the need to glean details on recent transactions, or the need to access card statements, this facility makes it easy and comfortable for a customer to gather the needed details.

Though mobile banking services have gained popularity amid customers, queries concerning this facility taunt and haunt some of the customers who look for suitable answers to these queries.

Bank-companion.com provides mobile banking services which enables banks, community banks and credit unions to provide their customers with 24/7, anytime anywhere banking. The result is a secure and scalable platform that helps your organization to increase loyalty, acquire new customers, cross-sell products plus much more.