led by the mobile banking revolution in Kenya. This is exemplified by the extraordinary success since 2007 of Safaricom …'s M-PESA, a mobile phone-based money transfer, payment, and banking service: as of June 2015, Safaricom had more than 22 … example of telecom-led mobile banking and Equity Bank, an example of bank-led mobile banking. There are three key challenges …

) excluded from Banking.-There was only one bank branch per 14,000 people.-6 lakh villages in India, rural branches of SCBs …

and has various ill effects. In this situation mobile banking seems to a feasible solution. It has got benefits for … multiple stakeholders. At the macro level use of mobile banking will increase the flow of money, spread entrepreneurship, and … increase Gross Domestic Product. At the same time there are limitations or dangers of mobile banking at macro level. It could …

Technology plays an important role in banking sector. Banking is one of the largest financial institutions constantly … a common technology device that became part of every individual in the information era. Mobile Banking is an emerging … alternate channel for providing banking services.India is the second largest telecom market in the world, which is having high …

traditional banking services, similar rules should apply. In addition, there are risks arising from the particular technology for …

role of nontraditional delivery models, for example, branchless banking, and actors, for example, nonbank lending …

1. Financial innovation and the economics of banking and the financial system / David T. Llewellyn -- 2. Is financial … / Reinhard H. Schmidt -- 4. Technological innovation in banking : the shift to ATMS and implicit pricing of network convenience … / Santiago Carbó Valverde and David B. Humphrey -- 5. Financial innovation in internet banking : a comparative analysis …