Cornerstone Community FCU Adds Mobile Banking

Lockport’s Cornerstone Community Federal Credit Union, the largest credit union based in Western New York, has introduced a mobile banking service.Read more: http://www.americanbanker.com/news/cornerstone-community-fcu-1023585-1.html

How can microfinance take advantage of mobile banking?

Regular readers of this blog are familiar with mobile banking and its potential to bring vast numbers of the unbanked into a more formal financial system and revolutionize the way they manage their money. Yet although microfinance institutions (MFIs) have spent decades serving this clientele with loans and increasingly savings and other financial products, [[…]]Read more: http://feedproxy.google.com/~r/cgaptechnology/~3/vwX2KPkAZbc/

What good is mobile banking if the phone isnt charged?

For many living on the edge of the grid, power comes in the form of a car battery which in domestic contexts can last up to one month to run a light bulb or two; keep a radio and mobile phone charged; and for occasional television use. Refrigerators are not worth purchasing unless there is [[…]]Read more: http://feedproxy.google.com/~r/cgaptechnology/~3/i9XU5RqpykY/

Mobile banking uptake: Sim card vs. phone. Ownership vs. use.

Is it possible to experience the core benefits of mobile phone ownership without having a mobile phone? In contexts where income is highly variable people living on the poverty line are more likely to be forced to sell off assets in order to buy essentials such as food. The mobile phone is such an asset. The [[…]]Read more: http://feedproxy.google.com/~r/cgaptechnology/~3/_LKPteM6a5I/

For mobile banking, lessons from research into illiteracy

The UN estimates that there are approximately 800 million illiterate consumers worldwide and in addition …

Mobile Money Canada 2010, Canada’s Only Mobile Banking, Payments, And Money Transfer Conference, Is Less Than 6 Weeks Away

The second annual Mobile Money Canada Conference will be held on September 21st,2010 in Toronto, …