mobile banking

 

200% Mobile Money growth in the Middle East vs 100% in USA

200% Mobile Money growth in the Middle East, with 80% of consumers open to mobile payments.  Saudi Arabia, UAE and Turkey are leading the mobile money revolution: 62% of smartphone owners in Turkey make mobile payments, and 44% of UAE consumers expecting to make more mobile payments in the future.  Check out this new infographic… Read more

 

Grown up Mobile Banking: Mobile-First, Not Just Extending Online

Tablets are exploding in popularity, PC sales are decreasing, and mobile has become a permanent fixture in the banking industry. If financial institutions want to drive adoption on mobile, they must decouple their mobile offerings from online banking by moving away from online banking (OLB) – centric credentials and enrollment approaches and embrace the “mobile… Read more

 

44% increase in mobile payments in just 1 year: Gartner

The mobile payments field is growing rapidly, and accelerating its pace with every quarter. A recent Gartner report indicates a 44% increase in worldwide mobile payments in just one year to be at a robust $235.4 billion at the end of 2013. The popularity of mobile is underscored in a Nielsen study that indicates strong adoption across… Read more

 

Turkey Is Becoming A New Kind Of Silicon Valley

Forbes recently published a feature article penned by Peri Kadaster, Director of Strategy and Marketing at Monitise MEA, on why Turkey is becoming a new kind of Silicon Valley. The article notes that a unique mix of cultural, economic and governmental elements are contributing to the country’s technological and entrepreneurial  transformation – a huge factor being their demographics. Half of… Read more