Mobile Banking-A Strategic Assessment

2011 ◽  
pp. 231-258
Author(s):  
Sunny Marche ◽  
Carolyn Watters
Keyword(s):  
Information Technologies ◽  
Natural Extension ◽  
Internet Access ◽  
Mobile Internet ◽  
Mobile Banking ◽  
Financial Industry ◽  
Technology Infrastructure ◽  
Developed Economies ◽  
Strategic Assessment ◽  
Reduced Costs

The banking industry has enjoyed excellent success in the application of sophisticated information technologies. It has the capital resources to make significant investments in technology infrastructure, and over the years this investment has paid major dividends in reduced costs and extended service offerings. Information technologies have actually reshaped the nature and size of the financial industry sector. In developed economies this has most recently translated into Internet-based banking, including transactions for equities trading, account enquiry, transfers between accounts, bill presentment, bill payment, as well as transfers between people. Digital wireless technologies to a variety of terminal devices have now enabled wireless and mobile Internet access. Mobile banking seems a natural extension. This chapter examines the strategic considerations of mobile banking from technical, business, and regulatory perspectives. We conclude that there are very different challenges influencing the evolution of this application, depending on the particular economy and culture in which the opportunity is located.

An Overview of FinTech in Bangladesh

2022 ◽  
pp. 82-95
Author(s):  
Sheikh Abu Taher ◽  
Masatsugu Tsuji
Keyword(s):  
Internet Access ◽  
Mobile Internet ◽  
High Rate ◽  
Future Prospects ◽  
Financial Industry ◽  
Access To Finance ◽  
Current State ◽  
Depth Study ◽  
Formal Finance ◽  
The Given

How the future financial industry is going to be reshaped by technological innovations is now a concern. Financial technology (FinTech), a much-discussed topic around the globe, is changing the overall financial system. The trend is not an exception in developing countries like Bangladesh. In this chapter, the authors aim to explore the current state of FinTech in Bangladesh in light with the possible challenges for growth, opportunities, and future prospects. The growth of FinTech helps a large percentage of people to become banked or has given possible access to formal finance. For having access to finance, high rate of mobile phone penetration, smooth mobile internet access, and high cost of access to formal finance are some factors that have enhanced FinTech penetration in Bangladesh for the past few years. In line with the given prospects, there are problems too. Therefore, using an in-depth study, this research addresses those issues, provides recommendations, and looks for possible solutions for the smooth operation of FinTech in Bangladesh.

scholarly journals Customers’ Intentions to Switch to Internet-Only Banks: Perspective of the Push-Pull-Mooring Model

2021 ◽  
Vol 13 (14) ◽  
pp. 8062
Author(s):  
Cheolho Yoon ◽  
Dongsup Lim
Keyword(s):  
Financial Services ◽  
Structural Equation ◽  
Information Technologies ◽  
Business Models ◽  
Internet Banking ◽  
Equation Modeling ◽  
Research Model ◽  
Financial Industry ◽  
Banking Services ◽  
New Business

The advent of fintech is blowing a new wind into the financial industry. New business models have been created and consumers’ access to financial services is higher than ever. Internet-only banks based on advanced information technologies have emerged as a leader in the fintech industry, and these banks are fiercely competing with large banks using internet banking as a weapon to attract new customers. The purpose of this study is to explore the factors that influence customers’ intention to switch to internet-only banking services from traditional internet banking services in Korea. To this end, a research model was developed based on the push-pull-mooring model (PPM), which is a migration theory. The research model was analyzed using partial least squares structural equation modeling (PLS-SEM). The findings will provide the practitioners of the new internet-only bank with strategic guidance for attracting new customers and help practitioners of traditional banks to retain current customers.

scholarly journals E-entrepreneurship in EU countries: evolutions and challenges

2019 ◽  
Author(s):  
Valentina Diana Rusu ◽  
Angela Roman
Keyword(s):  
Information Technology ◽  
Economic Development ◽  
Information Technologies ◽  
Communication Technologies ◽  
Developed Countries ◽  
Constructive Method ◽  
Technology Infrastructure ◽  
Information Technology Infrastructure ◽  
Eu Countries ◽  
The Eu

Purpose – the purpose of this paper is to identify how entrepreneurs from European Union (EU) use informational and communicational technologies in their business activities. We also try to identify the benefits and the challenges arisen for the European entrepreneurs in using information technologies. Research methodology – we analyze a sample of EU countries, by including them into two groups, according to the stage of their economic development. As methods, we use the logical-constructive method and also comparative methods. We also use the benchmarking method in order to estimate country indicators in the sample and compare them. Findings – the results of our study emphasize that e-entrepreneurship in developed countries is more advanced compared to developing countries. There are also significant differences regarding the use of informational technologies between types of firms by their size. Research limitations – are given by the availability of data. Practical implications – we emphasize that in order to support the development of E-entrepreneurship in the EU, government policies should pay more attention to the development of information technology infrastructure. Originality/Value – comes from grouping the EU countries into two groups, according to their stage of economic development. And, comparing the two groups as regards the use of informational and communication technologies. Keywords: information technology, e-entrepreneurship, e-business, innovation, EU countries

scholarly journals Digitalization in public administration institutions

2021 ◽  
Author(s):  
Modrite Pelse ◽  
◽  
Sandris Ancans ◽  
Lasma Strazdina ◽  
◽  
...  
Keyword(s):  
Public Administration ◽  
Information Technologies ◽  
The State ◽  
Mobile Internet ◽  
The Public ◽  
Employment Agency ◽  
Positive Effects ◽  
State Revenue ◽  
State Employment ◽  
And Migration

There is no doubt that digitalization processes make positive effects on the development of a company as emphasized and evidenced by many research papers and studies. However, there are a few empirical research studies on digitalization in the public sector, particularly in public administration institutions. Therefore, the present research aims to identify and compare the level of digitalization in four national public administration institutions: the State Revenue Service, the Office of Citizenship and Migration Affairs, the State Social Insurance Agency and the State Employment Agency. In Latvia, very good technical solutions and a broadband mobile Internet network are available, the number of Internet users increases all over the world every year, but are they widely used by public administration institutions to provide consumers with appropriate digital services? The State Revenue Service has reached the highest level of maturity in digitalization, and the institution has also allocated the most funds from its budget to information technologies and the maintenance of their systems. The level of digitalization is low in the State Employment Agency and the Office of Citizenship and Migration Affairs. The public requires public administration services to be available digitally on a 24-hour/7day basis.

Telecommunications Sector and Internet Access in Africa

2008 ◽  
pp. 144-150
Author(s):  
Vanessa Phala
Keyword(s):  
Developing Countries ◽  
Information And Communication Technologies ◽  
Information Technologies ◽  
Internet Access ◽  
Communication Technologies ◽  
African Continent ◽  
Technological Advances ◽  
The World ◽  
Information And Communication ◽  
Future Potential

The “information revolution” has not only transformed the world as we know it, but also its future potential. Information and Communication Technologies (ICT), with their major technological advances, have affected the lives and lifestyles of people across the globe, as well as the way institutions and organizations do business. However, not all outcomes of the spread of information technologies have been positive. A majority of the world’s population, especially those who live in poverty, have been largely bypassed by this revolution. The gap between them and the rest of the world has expanded precisely as a result of the facilitation capacity of these technologies for those who have access to them (Figueres, 2003). The majority of these people are situated in the African continent and other developing countries.

scholarly journals Emerging Trends and Innovation Modes of Internet Finance—Results from Co-Word and Co-Citation Networks

2020 ◽  
Vol 12 (3) ◽  
pp. 52 ◽  
Author(s):  
Xiaoyu Li ◽  
Jiahong Yuan ◽  
Yan Shi ◽  
Zilai Sun ◽  
Junhu Ruan
Keyword(s):  
Information Technologies ◽  
Rapid Change ◽  
Citation Network ◽  
Research Direction ◽  
Financial Industry ◽  
Research Directions ◽  
Digital Currency ◽  
Innovation Modes ◽  
Internet Finance ◽  
P2p Lending

Internet finance is a financial mode combining traditional financial industry with Internet technologies, which has become a crucial part of the financial field. Due to the rapid change of information technologies and public financial needs, Internet finance has produced quite a few specific operation modes, which have interested many scholars. To better appreciate its development process and innovation modes, we used bibliometrics to analyze 2,877 articles on Internet finance in Web of Science. Through the co-word network, co-citation network and various results generated by CiteSpace, we recognized six main modes of Internet finance, that is, Internet bank, peer to peer lending (P2P lending), crowdfunding, big data finance, digital currency and fintech. Emerging research topics and the development history of each mode are also detected. We find that the mainstream modes in current research are P2P lending and crowdfunding and the research on fintech and digital currency has just begun. Through the review, we also suggest some research directions for the research direction of each mode. These results will help to deepen relevant scholars’ understanding of Internet finance and provide guidance for them to choose research directions.

Browser-Less Surfing and Mobile Internet Access

2007 ◽  
pp. 78-83
Author(s):  
G. Fleet ◽  
J. Reid
Keyword(s):  
New Technologies ◽  
Internet Access ◽  
Mobile Internet ◽  
Personal Digital Assistants ◽  
Web Content ◽  
Television Shows ◽  
Web Access ◽  
Wireless Phones ◽  
Audio Files ◽  
And Control

Lately, we have seen the use of a number of new technologies (such as Javascript, XML, and RSS) used to show how Web content can be delivered to users without a traditional browser application (e.g., Microsoft Explorer). In parallel, a growing number of PC applications, whose main job previously was to manage local resources, now are adding Internet connectivity to enhance their role and use (e.g., while iTunes started as a media player for playing and managing compressed audio files, it now includes Web access to download and purchase music, video, podcasts, television shows, and movies).While most attempts at providing Internet access on mobile devices (whether wireless phones or personal digital assistants) have sought to bring the traditional browser, or a mobile version of the browser, to these smaller devices, they have been far from successful (and a far cry from the richer experience provided by browsers on the PC using standard input and control devices of keyboards and a mouse). Next, we will highlight a number of recent trends to show how these physical and use-case constraints can be significantly diminished.

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