Banking in Brief
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Our archives on P2P
Kenyan banks struggle to break Safaricom’s mobile banking space monopoly
Date: Jan 29, 2013A lack of specific financial regulations governing telecommunication operators has contributed to m-Pesa’s explosive growth.
Categories: Mobile Banking, Retail Banking, Retail Payments
Keywords: m-Pesa, P2P Payments, Safaricom, Vodafone, M-Shwari, e-float, John Staley, Equity Bank
M-commerce, P2P payments and dynamic personalisation key issues for mobile banking in 2013
Date: Jan 22, 2013Citibank 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.
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
Heightened consumer demand spurs development of mobile P2P payments in the UK
Date: Jan 17, 2013VocaLink will play an important part in UK’s ambitious plans to start the roll out of a national mobile P2P payment initiative during 2013.
Author: Carol Wheatcroft
Categories: Channels, Mobile Banking, Retail Banking, Retail Payments, Technology & Operations
Keywords: VocaLink, P2P Payment, BACS, LINKS, Faster Payments, UK Payment Council, First Data, Accenture, Reserve Bank of Australia
P2P lending and NFC key innovative technology trends emerging in Asia
Date: Nov 09, 2012Proceedings report from The Asian Banker teleconsultation session, "Emerging technology trends in finance, payments and investment innovation" held on 30th October 2012.
Author: Levina Lim
Categories: Data & Analytics, Data Management, Innovation, Operational Risk & Security, Technology & Operations
Keywords: NFC, P2P Lending, Cloud Technology, Big Data, Eric Mattson, Melissa Guzy, Ricardo Outi
Is Asia ready to participate in P2P lending and payments?
Date: Nov 08, 2012Although P2P transactions are gaining traction in the UK and US, Asian P2P businesses are still in a nascent stage.
Author: Durva Lakhlani
Categories: Innovation, Payments, Retail Banking, Technology & Operations
Keywords: P2P Lending, Lending Club, Zopa, Prosper, Funding Circle, Paypal, Visa, SEC, Peer to Peer Finance Association, P2P Payments, JPMorgan, Wells Fargo, BofA, clearXchange, Popmoney, Citigroup