Artificial Intelligence will boost info security through behavioural biometric intelligence in coming time. Mobile payments security will play the key role in the importance of info-security and privacy in payments. This industry is changing every day i.e it dynamic so why to relay on static method of security.
Mobile Payments – For many of us, it’s very hard to differentiate this bouquet of services such as Mobile Money, Mobile Banking, Mobile Payments, Mobile Commerce, and Mobile Micro Insurance Services, Mobile Micro Savings & Credit Services, Mobile Data Science after building strong Mobile credit bureau (Mobile Financial […]
Key Dimensions of Mobile Banking Services – This is the 2nd part of a 5-part story on Mobile Financial Services and info-security. This part focuses on Mobile Banking opportunities and key dimensions. Mobile Banking – Smart Mobile Apps with AI Mobile banking services (sms notifications) was the […]
Mobile Money, Mobile Payments, Mobile Banking and Mobile Commerce can be termed Mobile Financial Services. The magic word known as “Pay” has gone viral in today’s time and every day we have 1 or 2 new startup’s entering the payment industry, specifically into the Mobile Payment domain. Mobile phones can be used to deliver a range of banking services. Not from Banks, I am separating banking and banks. Banking services dont need banks any more. Transaction data can be used to develop customers’ credit histories to offer other top-up services.
Banks to set themselves on for new financial, banking and innovative business. What would have been considered impossible until a few years ago –transforming themselves from impassable monoliths to nimbler organisations, open to new kinds of partnerships. But as we would soon see, Banking-as-a-Service (BaaS) rather than Banking-as-a-Platform (BaaP) more aptly describes banks’ strategy of providing public APIs and development portals.