25 June 2017
visit www.finastra.com

Mobey Forum claims m-banking momentum

28 October 2010  |  8043 views  |  0 Fingers on smartphone keypad

Mobey Forum, a bank-backed mobile financial services consortium, claims it is now representing over a quarter of the world's banking customers - 450 million people.

The forum, which has been running for 10 years, works with financial institutions, mobile network operators, handset manufacturers, payment processors and vendors, to promote open and secure technology standards.

With new members EDB Business Partner Norway, Garanti Bank and Luup recently signed up, the group says its members now represent around 25% of the global banking community.

The association attributes increasing membership enquiries to the market's growing desire to deliver mobile financial services.

This appears to be supported by several recent surveys. In August a global poll from vendor Sybase 365 found that nearly a third of mobile phone owners now use their handsets to access banking services.

Ron van Wezel, chairman, Mobey Forum, says: "Since our inception, Mobey Forum has created an environment that encourages debate, information sharing and produces best practice recommendations to assist the mobile and banking communities in bringing convenient and pioneering services to customers. As market trials gain momentum and business models are established, our role within this ecosystem has never been more vital."

Finextra's Elizabeth Lumley spoke to the Mobey Forum's Gerhard Romen at Sibos in Amsterdam:

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

Brits want 'Immediate Mobile Payments' - VocaLink

Brits want 'Immediate Mobile Payments' - VocaLink

25 October 2010  |  10046 views  |  0 comments
US m-banking take-up jumps 129% in two years

US m-banking take-up jumps 129% in two years

20 October 2010  |  9776 views  |  0 comments
Set-up issues hampering US m-banking take-up

Set-up issues hampering US m-banking take-up

15 October 2010  |  7050 views  |  1 comments
M-banking taken up by 30% of mobile users - survey

M-banking taken up by 30% of mobile users - survey

06 August 2010  |  10387 views  |  2 comments
Soaring mobile payments uptake in 2010 - Gartner

Soaring mobile payments uptake in 2010 - Gartner

22 June 2010  |  10702 views  |  1 comments | 1 tweets
M-banking finding favour with consumers

M-banking finding favour with consumers

24 March 2010  |  7631 views  |  0 comments
Asia drives rapid m-banking uptake - ABI Research

Asia drives rapid m-banking uptake - ABI Research

17 February 2010  |  7731 views  |  0 comments
US mobile finance approaches tipping point - research

US mobile finance approaches tipping point - research

03 December 2009  |  9066 views  |  0 comments
M-banking services should target offline customers - survey

M-banking services should target offline customers - survey

07 October 2009  |  10119 views  |  2 comments
US mobile banking goes mainstream - TowerGroup

US mobile banking goes mainstream - TowerGroup

26 May 2009  |  7623 views  |  0 comments
Revitalised Mobey Forum adds banks and mobile operators

Revitalised Mobey Forum adds banks and mobile operators

16 April 2007  |  5053 views  |  0 comments
Mobey Forum adds new members

Mobey Forum adds new members

10 December 2002  |  4196 views  |  0 comments
More banks join Mobey mobile payments group

More banks join Mobey mobile payments group

25 September 2001  |  5589 views  |  0 comments
Mobey Forum advocates dual chip mobile technology

Mobey Forum advocates dual chip mobile technology

28 June 2001  |  4452 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit wavestone-advisors.co.ukvisit vasco.com/news/PSD2-compliant-solutionsdownload the report now

Top topics

Most viewed Most shared
Live: EBAday 2017, day twoLive: EBAday 2017, day two
9899 views comments | 4 tweets | 5 linkedin
Worldpay pilots app-only mPOS for small retailersWorldpay pilots app-only mPOS for small re...
9355 views comments | 20 tweets | 27 linkedin
Live: EBAday 2017, day oneLive: EBAday 2017, day one
9031 views comments | 3 tweets | 4 linkedin
UK banks will need to change one million sort codes under ring-fencing rulesUK banks will need to change one million s...
8418 views comments | 8 tweets | 25 linkedin
What Banks and their customers can expect for the futureWhat Banks and their customers can expect...
7590 views comments | 7 tweets | 10 linkedin

Featured job

Six Figure Base + Commission + Stock Options
London

Find your next job