PR Log (Press Release) – Feb 03, 2010 – The report “Mobile Remittance 2010: Including trends in Mobile Banking” available at http://www.reportbuyer.com/go/VIS00153 analyses the mobile remittance market, beginning with the necessities of deploying a mobile money transaction service which is becoming a dominant force both for international and domestic remittance; with several case studies scrutinised

The world's banking and financial retail infrastructure is characterised by two scenarios, says the report. One scenario is played out in some regions that have a saturated banking industry where the nature of business and society leaves no time for people to conduct transactions in a bank's premises. In other regions physical bank sites are few and far between. Mobile money transactions allow financial operations to be conducted under both scenarios.

Whether mobile remittance or mobile banking, the necessity of access to banking and transactions solutions is available immediately and securely. Is this a disruptive innovation for banks or a new opportunity for mobile operator to work together effectively with the financial industry. Who should take the lead in capitalising on the new opportunities? While banks have combined with mobile operators to provide mobile money transaction services, some mobile operators function alone.

This 146 page Visiongain report presents an analysis of global remittances. This includes the macroeconomic impact of regulations, the trends in global remittances and the factors affecting global remittances. Studies have been conducted on the major remittance corridors and major remittance markets. The report analyses the mobile remittance market, beginning with the necessities of deploying a mobile money transaction service which is becoming a dominant force both for international and domestic remittance; with several case studies scrutinised. The technological aspect of mobile remittance is also comprehensively studied with several evolving business models and service models analysed.

The report “Mobile Remittance 2010: Including trends in Mobile Banking” is available from Report Buyer at:
http://www.reportbuyer.com/telecoms/mobile/mobile_paymen ...
   
Report Buyer product ID: VIS00153   

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