Time for Mobile Banking to Branch Out

This is the final post of a multi-part series written by Alistair Crane, Executive Vice President at Monitise Create.  A leading visionary in mobile strategy and design who has helped some of the largest brands in the world, Al has covered in this series market leadership through mobile innovation and the rise of beacons. In this post, Al covers mobile moving beyond simply another banking channel to provide consumers value across the...

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To Win Gen Y Consumers, Banks Must Build a Mobile-Centric Strategy

Gen Y consumers are banking less on their desktops and depending more on their mobile devices for banking activities, according to recent data from Novantas. Novantas’ BankChoice Monitor survey found that: Gen Y uses mobile banking applications more frequently and online banking less frequently than older consumers: Gen Y consumers are 38% more likely to use their mobile banking application on a daily or weekly basis and 11% less...

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The Wearable Tech Explosion

With 200 billion smart device connections on the way – how can banks capitalise? According to Intel, the number of smart devices that talk to each other over Wi-Fi is expected to swell to 200 billion by 2020. Even today you only have to look around any commuter train to understand the ubiquity of mobile devices – it seems absurd now that anybody ever questioned it. Almost as absurd as some of the new technologies mooted to connect...

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White Paper – Defend and Extend Your Business: Four Critical Elements of a Successful FI Mobile Strategy

As money becomes increasingly digitized and the Mobile Money opportunity grows exponentially, businesses from various sectors – including financial institutions (FIs), mobile operators, retailers and Internet companies – are positioning to own the consumer relationship. FIs, which already have the trust of their customer base, existing high traffic and extensive consumer data, hold a significant advantage, but the potential of the new...

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What Do Young Consumers Think About Mobile Banking?

Monitise presented on a panel, “What do under 21’s think about banking”, at The Economist’s European Retail Banking Summit in London last week. Working with AlixPartners, we have a wealth of statistics on how young people use banking – and in particular mobile banking services – and wanted to share some of our findings. While the definition of “young” at 18-25 years old doesn’t quite fit with the under-21 topic of the panel, it does...

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The Mobile World in 60 Seconds (infographic)

Smartphone-wielding consumers are always on the mobile move–posting to Facebook, shopping via apps, making commerce connections and more.  This infographic from Mobclix breaks down what happens in a (mobile) 60 seconds.

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