VARYING TRENDS IN BANKING SERVICES : TECHNOLOGICAL ADVANCEMENTS
Karun Madan · 2013
Since the introduction of banking sector in our country and in other countries, traditional banking system has been serving the mankind in a good way. For the last decade, banking has taken a new form, banking at customer’s own location. Mobile banking has come into view as a powerful provider of bunch of banking services. The worldwide adoption of mobile banking will depend on the secure, reliable and effortless user interfaces. In recent years, M-banking has emerged as the main division of e-commerce and m-commerce. Nowadays, Mobile banking services comprises of information inquiry, notifications as well as alerts, payment transfer etc. Mobile application handset is used for linking customer handset with the server of the bank for all above mentioned services. This paper examines some significant standards and protocols, exercised in mobile banking and discusses mobile banking services.