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2008 : The year for mobile banking

Due Credit: TechRepublic
Mobile banking debuted last decade but failed to catch-up owing to the spread of telephony, atleast affordable telephony among the masses. Now, with mobile computing set to take off, mobile banking is also becoming the upcoming buzz in the financial industry.

Already several banks in the US are rolling out services available via mobiles and many are predicted to follow suite. While mobile as computing platforms are yet to take off, what matters is how devices handle the security aspect well.

As with PCs, mobiles with more computing would mean a more proximic target for malware. While these concerns are not the top on the mind of companies looking to push the next generation service over mobiles, perhaps a cautious approach would do heaps of good to customers.


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