mobile banking

Why Design Matters in Mobile Banking?

Why Design Matters in Mobile Banking?

Banking, it’s all about credits, debits, and other financial business. Users should just be concerned with how much money is (or how much money is not) in their bank account right? Seems pretty straightforward. However, it is not, true to most things in life.

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Top 3 Mobile App Development Technologies That Will Reshape Mobile Banking in the Covid-19 Crisis

Top 3 Mobile App Development Technologies That Will Reshape Mobile Banking in the Covid-19 Crisis

More than a third of the entire world’s population is under various forms of lockdown. For instance, South Africa went into lockdown for 21 days. New Zealand ordered 14-day quarantine for all individuals in this country. The UK went into full lockdown on 23rd March 2020.

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Over the COVID Horizon, Mobile Banking Demands Strategic Clarity

Over the COVID Horizon, Mobile Banking Demands Strategic Clarity

Over the past decade, both consumers and business owners have adopted mobile as a key component to how they interact with their financial services provider. In 2018, a Citi Financial study found that 31% of respondent used their mobile banking app the most, behind only apps for social media (55%) and weather (33%).

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16 Must-have Mobile Banking Features That Raise the CX Bar

16 Must-have Mobile Banking Features That Raise the CX Bar

A study from TransUnion’s Iovation unit finds that just over three out of five (61%) of consumers’ banking transactions in 2019 were conducted on mobile phones. Strikingly that figure is up from 52% in 2018 and 28% in 2014. Another report predicts that finance apps are on the cusp of exponential growth globally, and that […]

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Latest Trends in Mobile Banking Development for SMEs: E-invoicing and Ecosystems

Latest Trends in Mobile Banking Development for SMEs: E-invoicing and Ecosystems

The purpose of this text is to reveal how technologies can help banks outreach to SME customers and why the implementation of e-invoicing is one of the most strategically sound ways to start a financial services ecosystem. Or at least to keep the bank’s market rank.

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Mobile Bank Chime Goes Dark for Millions of Customers Due to Outage at Payments Processor Galileo

Branchless bank Chime is experiencing outages that are leaving customers stranded without access to their money.

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Is Mobile Banking Safe? Here’s 5 Tips for Security

Is Mobile Banking Safe? Here’s 5 Tips for Security

Introduction Mobile banking is a service that enables customers to complete several transactions such as making deposits, checking balances and paying bills. It also provides 24-hour access to customers who are looking to complete any banking tasks or reach customer service.

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Can Smaller Financial Institutions Win the Mobile Banking Arms Race?

Can Smaller Financial Institutions Win the Mobile Banking Arms Race?

The banking industry continues to struggle with issues around reputation, trust and loyalty, failing to completely recover from pre-crisis issues that have resulted in new competitors and consumer backlash.

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Top Mobile Banking Trends Set to Rule in 2020

Top Mobile Banking Trends Set to Rule in 2020

Tweet In the age of online transactions, mobile banking remains a popular option among people globally. The thriving banking sector also facilitates customers to avail the advantage of technological advancements while performing banking-related activities on the move. Today, smartphones are used to check the balance and transact online.

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Delivering the Right Mobile Banking Experience

Delivering the Right Mobile Banking Experience

It may be hard to believe, but mobile banking typically perceived as impersonal compared with face-to-face interactions in branches actually drives deeper consumer engagement. According to research from Raddon (a Fiserv company), mobile banking users are more likely than non-mobile bankers to use additional banking products.

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Paytm Payments Bank Gets a Dedicated Mobile Banking App

Paytm Payments Bank Gets a Dedicated Mobile Banking App

Paytm Payments Bank has launched a dedicated mobile banking app in an effort to provide convenience to customers. The app will let users check their balances as well as raise requests for physical debit cards and access their digital debit cards.

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Fintech Firms Partner to Expand Reach in Myanmar

Fintech Firms Partner to Expand Reach in Myanmar

Under the agreement, Ananda users will have the added option of topping up their accounts at Ongo agents across the country as well as on its mobile application when they sign up for Ongo’s payment services. Meanwhile, Ongo users who subscribe to Ananda’s 4G+ data service can also pay for the service on the Ongo […]

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