01051nam a22001697a 450000100060000000300040000600500170001000800410002704000230006810000250009124500730011626000590018930000650024844000220031352005270033565000190086236321OSt20260707172553.0090526t        xxu||||| |||| 00| 0 eng d  cKE-NaSULdKE-NaSUL  aRaghavan Kunigahalli  aSecurity solutions for mobile banking servicescRaghavan Kunigahalli  aNairobibThe Standard GroupcTuesday, February 3, 2009  a[The Financial Journal] The Standard, February 3, 2009; p.19  aFinancial Journal  aRegulation 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.   aMobile Banking