With PayPal’s latest mobile payments initiative, new possibilities have opened up in the mobile banking world. Such innovations make contact-less financial transactions even more convenient and users of traditional banking services are increasingly moving to online banking and mobile banking to save both money and time. [Read more…]
How Safe is Banking from a Mobile Device Such as Your Cell Phone
Mobile banking has become the fastest growing segment of the banking industry. This segment is not only increasing efficiency of the banking systems, but also has made the banking experience hassle-free and more convenient for the customers. According to a survey, 12 million people were using mobile banking services in 2009. With the increasing usage of mobile banking, the number of people availing these services is expected to rise to 45 million by the end of 2014. [Read more…]