01154nam a22002057a 4500 36321 OSt 20260707172553.0 090526t xxu||||| |||| 00| 0 eng d KE-NaSUL KE-NaSUL 36321 36316 Raghavan Kunigahalli 62366 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 62367 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 62368 ART RG 36321 36316