Security solutions for mobile banking services

Raghavan Kunigahalli

Security solutions for mobile banking services Raghavan Kunigahalli - Nairobi The Standard Group Tuesday, February 3, 2009 - [The Financial Journal] The Standard, February 3, 2009; p.19 - Financial Journal .

Regulation vs Risks
According to GSM Association, global mobile subscription has surpassed three billion when compared to about one billion bank accounts.

However, risks inherent in these innovative approaches restrict banks and other financial organizations from taking advantage of opportunities from the extraordinary growth in mobile communications infrastructure to its fullest extent.

The regulatory regime need not stifle innovation, but can actually help entrench it by laying foundations for fair competition.


Mobile Banking

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