|By PR Newswire||
|February 12, 2014 10:55 AM EST||
LONDON, Feb. 12, 2014 /PRNewswire/ -- Reportbuyer.com just published a new market research report:
This IDC Financial Insights gives a comprehensive analysis of how financial services providers are utilizing mobility to build new revenue streams, increase efficiency, and improve their service delivery. A key investment focus in IT spending, Asia/Pacific has moved to the forefront of converging big data, mobility, and customer centricity.
"Mobility has been a dominant theme in many discussions with many banks across the region, regardless of the business line or customer segment. Nonetheless, we found that many initiatives were much alike. This study is a deep dive into genuinely new approaches to mobility and banking. It is important to take note that today, there are several mobile pioneers in the region," says Thomas Zink, research manager for IDC Financial Insights. "One recurring theme is the convergence of mobility and big data. We believe that this combination will revolutionize the way banks interact with their clients."
Table of Contents
IDC Financial Insights Opinion
In This Study
The Buzz is Real
Mobility Innovation Hotspots
How Much Are Banks Spending on Mobility?
Consumers Adopting mBanking
Focusing on Customer Centricity -- Going Where the Customer Is
Staying Relevant and Avoiding Disintermediation
Increasing the Geographic Reach
Unlocking New Business Opportunities
Corporate and SMEs
Differentiation in a Copycat Environment
The Best Practices
Mobile Payments and Mobile Money
Remote Mobile Payments
Visa, MasterCard, and American Express (Global): A Global Standard
UC Browser, Alipay, UnionPay (China): Mobile Browser Payments
BlackBerry/PermataBank (India): P2P payments via Messenger
Telenor/Tameer Bank (Pakistan): Taking Financial Inclusion to the Next Level with Easypaisa Mobile Wallet
Bank BTPN (Indonesia): btpn WOW! Branchless Banking
Smart Communications (Philippines): Payment of Government Bills via BayadLoad
NAB Flik (Australia): Taking the Pain Out of P2P Payments
MPayMe/First Data (Hong Kong, Japan, and Australia): ZNAP -- A Mobile Bill Payment Service
YSPay (China): Payments to Any Mobile Number
Citibank (Singapore): SMS Pay
MyClear (Malaysia): MyMobile Establishes First Interbank Mobile Payment Platform
Smartlink/Tagit (Vietnam): Aggregated Mobile Banking Platform
Tootpay (Singapore): Secure Mobile Banking Experience Without an Internet Connection
Indosat, Telkomsel, XL Mobile Money collaboration (Indonesia): Bringing the Mobile Money Markets Together
Proximity Mobile Payments
Consortium of Gemalto, MNOs, Banks (Singapore): Government-Led NFC Trusted Services Manager Infrastructure
China Mobile, UnionPay, and Other Banks (China): Industry-Led NFC Rollout
2degrees/Snapper (New Zealand): Mobile Phone Transit Payments
Fingerprint Payment for Android, Danal (Korea): First for Android
Alipay Wallet (China): Taking Alipay and Bringing It to the Physical Retail World
Mogi Mobile Wallet (Singapore): A Social Mobile Wallet for Singapore
Celcom AirCash (Malaysia): Mobile Wallet for Overseas Workers
MobiKwik (India): Providing a Mobile Solution for India's Payments Ecosystem
Octopus Mobile SIM (Hong Kong): Taking Octopus to the Mobile Realm
M-Pesa (India): Can It Replicate Its Success in Kenya?
Tradelink's TESS Mobile Wallet (Hong Kong): The First "Greater China" eWallet
Arkalogic Transaksi -- Moneta (Indonesia): Unifying Fragmented Payment Systems in One "Wallet"
KT MoCa (Korea): Korean Mobile Wallet with a Host of Payment Options
Mobile Card Merchant Systems
CIMB's Plug n Pay (Malaysia) -- Malaysia's First Mobile Point-of-Sale Solution
ANZ FastPay (Australia): Mobile Payment Acceptance for SMEs
Koala -- Lakala (China): Consumer-Based Payments and Banking Solution for China
Bank of Ayudyha (Thailand): Bringing Card Acceptance to Merchants in Thailand
United Bank (Pakistan): Innovative Technology Solution for Financial Inclusion
Mobile Treasury and Cash Management
HSBCNetMobile (Global): HSBC -- International Mobile Treasury Solutions
ANZ Transactive Mobile (Australia): Enhanced Treasury Experience on the Go
Citi Mobile Collect (Global): Reducing Cash Reliance for Businesses
Maybank2E HD (Malaysia): Financial Position and Payments on the Move
Westpac (Australia): Mobile Trading App and Future Investment Road Map
Oanda (Global): FX Analysis Goes Mobile
Citigold Private (Global): iPad App to Drive Research and Investment Views
Dragon Wealth (Singapore): Wealth Management Meets Social
Mobile Marketing and Loyalty
WIPRO and Intuition Intelligence: Smart Offers (India): Optimizing Vouchers for Banks
WeChat Loyalty Cards (China): Embedding Purchases into Chats
Axis Mobile Banking Application (India): Customized and Social Mobile Banking Experiences for Customers
UOB Mobile Cash (Singapore): Social Payments for Customers
Hana N Wallet (Korea): Mobile Banking for the Social Generation
Westpac (Australia): Mobile Tellers and Mobile Management
Standard Chartered (Global): Leverage the Apple Ecosystem
AIA (Hong Kong): An iPad-Centric Sales Approach
CIMB NASA (Malaysia): Mobile Salesforce
Bangkok Bank (Thailand): BYOD Policy
Mobile Card Merchant Systems
Mobile Treasury and Cash Management
Mobile Marketing and Loyalty
Actions to Consider
Redefining channel strategy
Actions for Vendors
Figure: Mobility Innovation Hotspots
Figure: Asia/Pacific IT Spending of Banks on Mobility
Figure: Digital Transaction Mix in Selected Market, 2010-2012
Read the full report:
Best Practices: Mobilizing Financial Services in Asia/Pacific -- 50 Pioneers Lead the Way
In addition to all the benefits, IoT is also bringing new kind of customer experience challenges - cars that unlock themselves, thermostats turning houses into saunas and baby video monitors broadcasting over the internet. This list can only increase because while IoT services should be intuitive and simple to use, the delivery ecosystem is a myriad of potential problems as IoT explodes complexity. So finding a performance issue is like finding the proverbial needle in the haystack.
Dec. 3, 2016 06:30 AM EST Reads: 5,969
In his keynote at 18th Cloud Expo, Andrew Keys, Co-Founder of ConsenSys Enterprise, provided an overview of the evolution of the Internet and the Database and the future of their combination – the Blockchain. Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life sett...
Dec. 3, 2016 05:45 AM EST Reads: 6,905
The WebRTC Summit New York, to be held June 6-8, 2017, at the Javits Center in New York City, NY, announces that its Call for Papers is now open. Topics include all aspects of improving IT delivery by eliminating waste through automated business models leveraging cloud technologies. WebRTC Summit is co-located with 20th International Cloud Expo and @ThingsExpo. WebRTC is the future of browser-to-browser communications, and continues to make inroads into the traditional, difficult, plug-in web ...
Dec. 3, 2016 05:30 AM EST Reads: 1,195
20th Cloud Expo, taking place June 6-8, 2017, at the Javits Center in New York City, NY, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy.
Dec. 3, 2016 04:15 AM EST Reads: 1,707
Redis is not only the fastest database, but it has become the most popular among the new wave of applications running in containers. Redis speeds up just about every data interaction between your users or operational systems. In his session at 18th Cloud Expo, Dave Nielsen, Developer Relations at Redis Labs, shared the functions and data structures used to solve everyday use cases that are driving Redis' popularity.
Dec. 3, 2016 04:15 AM EST Reads: 3,414
Internet-of-Things discussions can end up either going down the consumer gadget rabbit hole or focused on the sort of data logging that industrial manufacturers have been doing forever. However, in fact, companies today are already using IoT data both to optimize their operational technology and to improve the experience of customer interactions in novel ways. In his session at @ThingsExpo, Gordon Haff, Red Hat Technology Evangelist, will share examples from a wide range of industries – includin...
Dec. 3, 2016 02:30 AM EST Reads: 1,519
WebRTC is the future of browser-to-browser communications, and continues to make inroads into the traditional, difficult, plug-in web communications world. The 6th WebRTC Summit continues our tradition of delivering the latest and greatest presentations within the world of WebRTC. Topics include voice calling, video chat, P2P file sharing, and use cases that have already leveraged the power and convenience of WebRTC.
Dec. 3, 2016 02:15 AM EST Reads: 1,489
Without lifecycle traceability and visibility across the tool chain, stakeholders from Planning-to-Ops have limited insight and answers to who, what, when, why and how across the DevOps lifecycle. This impacts the ability to deliver high quality software at the needed velocity to drive positive business outcomes. In his general session at @DevOpsSummit at 19th Cloud Expo, Phil Hombledal, Solution Architect at CollabNet, discussed how customers are able to achieve a level of transparency that e...
Dec. 3, 2016 02:15 AM EST Reads: 731
Much of the value of DevOps comes from a (renewed) focus on measurement, sharing, and continuous feedback loops. In increasingly complex DevOps workflows and environments, and especially in larger, regulated, or more crystallized organizations, these core concepts become even more critical. In his session at @DevOpsSummit at 18th Cloud Expo, Andi Mann, Chief Technology Advocate at Splunk, showed how, by focusing on 'metrics that matter,' you can provide objective, transparent, and meaningful f...
Dec. 3, 2016 01:45 AM EST Reads: 4,531
"We build IoT infrastructure products - when you have to integrate different devices, different systems and cloud you have to build an application to do that but we eliminate the need to build an application. Our products can integrate any device, any system, any cloud regardless of protocol," explained Peter Jung, Chief Product Officer at Pulzze Systems, in this SYS-CON.tv interview at @ThingsExpo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Dec. 3, 2016 01:45 AM EST Reads: 765
"We are the public cloud providers. We are currently providing 50% of the resources they need for doing e-commerce business in China and we are hosting about 60% of mobile gaming in China," explained Yi Zheng, CPO and VP of Engineering at CDS Global Cloud, in this SYS-CON.tv interview at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Dec. 3, 2016 01:15 AM EST Reads: 854
Data is the fuel that drives the machine learning algorithmic engines and ultimately provides the business value. In his session at 20th Cloud Expo, Ed Featherston, director/senior enterprise architect at Collaborative Consulting, will discuss the key considerations around quality, volume, timeliness, and pedigree that must be dealt with in order to properly fuel that engine.
Dec. 3, 2016 12:30 AM EST Reads: 1,519
Between 2005 and 2020, data volumes will grow by a factor of 300 – enough data to stack CDs from the earth to the moon 162 times. This has come to be known as the ‘big data’ phenomenon. Unfortunately, traditional approaches to handling, storing and analyzing data aren’t adequate at this scale: they’re too costly, slow and physically cumbersome to keep up. Fortunately, in response a new breed of technology has emerged that is cheaper, faster and more scalable. Yet, in meeting these new needs they...
Dec. 3, 2016 12:15 AM EST Reads: 1,752
"Once customers get a year into their IoT deployments, they start to realize that they may have been shortsighted in the ways they built out their deployment and the key thing I see a lot of people looking at is - how can I take equipment data, pull it back in an IoT solution and show it in a dashboard," stated Dave McCarthy, Director of Products at Bsquare Corporation, in this SYS-CON.tv interview at @ThingsExpo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Dec. 2, 2016 11:15 PM EST Reads: 904
@DevOpsSummit taking place June 6-8, 2017 at Javits Center, New York City, is co-located with the 20th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. @DevOpsSummit at Cloud Expo New York Call for Papers is now open.
Dec. 2, 2016 10:30 PM EST Reads: 1,731