Published January 22, 2013
M-commerce, P2P payments and dynamic personalisation key issues for mobile banking in 2013
Citibank India enabled NFC mobile payments in 2009 and is now banking on m-commerce and P2P payments, while Bank of East Asia believes dynamic personalisation is the next big thing.
Date: Jan 22, 2013
Categories: Innovation, Mobile Banking, Retail Banking, Retail Payments, Technology & Operations
Keywords: NFC, RBI, P2P, Vodafone, MasterCard, Cash-to-mobile, Citibank, Bank of East Asia, Vincent Hui, Sridhar Iyer
When Citibank India piloted a mobile payments project in Bengaluru, India back in 2009, it set out to validate the commercial, operational and technical viability of leveraging near field communication…