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Showing posts from October 20, 2019

Mobile Banking Apps

"100 SME Banking Mobile Apps"   by  Oleg Kapush  is licensed under  CC BY-NC-ND 4.0  Mobile internet usage have grown globally. Philippines mobile internet use grew from around 30 million to 40 million this year and estimated to reach 48 million next year. Banking sector is now using this channel to reach more customers and expand customer base.  Last year, two international banks launched their branchless bank in the country utilizing mobile app as their only channel for the customer. ING, a global bank, European origin with headquarters based in Amsterdam, Netherlands started to offer their mobile banking app capable of  mobile account opening, higher interest rate, and check image deposit. CIMB (Commerce International Merchant Bankers), leading ASEAN universal bank introduced their mobile banking app with mobile account opening, higher interest rate, bills payment, ATM card withdrawals free from fees at any ATM machine locally including...