Mobile Banking: State of the Market and Future Opportunities


November 1, 2011
37 Pages - SKU: CCJQ6665257
License type:
Mobile banking began in the US and other developed markets as a means of providing customers access to account information in innovative, cost-cutting ways. Banks matched the development of mobile phone technology and carrier networks by allowing customers to conduct remote transactions on their mobile phone such as fund transfer and bill payments.

Despite their relative silence in the mobile payments dialogue, Western banks are using mobile banking applications to influence consumer behavior and methodically secure their position as the consumers' preferred processor of mobile payment transactions.

This research evaluates developments in mobile banking, beginning with analysis of motivations and market drivers, and examination of bank's multichannel strategies. It includes an evaluation of the most popular US mobile banking applications. It also includes predictions of the future of mobile banking and the realization of mobile payments' potential.

Audience:
  • Mobile network operators
  • M-Banking Application Developers
  • Mobile Commerce Application Suppliers
  • Infrastructure suppliers and service providers
Companies in Report:
  • American Eagle Outfitters
  • Apple
  • AT&T
  • Bank of America
  • Bloomingdales
  • Boku
  • Citi
  • Citizens Bank
  • Discover
  • Equity Bank
  • G-Cash
  • Globe Telecom
  • Google
  • Google Android
  • Google Wallet
  • Hope Micro
  • Jamba Juice
  • JP Morgan Chase
  • Mastercard
  • Mastercard
  • Merita Bank
  • M-Paisa
  • M-Pesa
  • PayPal
  • Roshon Telecom
  • Safaricom
  • Splash Mobile Money
  • Square
  • TD Bank
  • T-Mobile
  • USAA
  • Verizon
  • Visa
  • Vodacom
  • Wells Fargo
  • Yodlee



More Mobile/Wireless reports by Mind Commerce Publishing

Next Generation Mobile Marketing: Location, Social Commerce, and Augmented Reality by Mind Commerce Publishing
The accelerated global spending growth on mobile ad campaigns during the last five years is likely a function of three critical areas that we will ...
Google vs. Yahoo, Microsoft, Facebook, and Apple in Mobile by Mind Commerce Publishing
Mobile communications has evolved to become a complex ecosystem with many players. The wireless carriers, while dominant in core services, are not the only ...
Mobile Payments: The Market for Travelers, Unbanked, and No/Low Credit Users by Mind Commerce Publishing
A significant portion of the global population is “unbanked”, low credit, or otherwise unable to establish and maintain a bank account. While this portion ...
Google in Mobile and Online Video Advertising: YouTube, Android, and More by Mind Commerce Publishing
Mobile commerce is changing the way consumers purchase goods and services online. Video is one of the most successful methods in advertising. It has been ...
See all reports like this >>