Article Side

Online Article Directory!

Hello Guest! Login or Register to submit articles!

Hurdles for mobile banking solutions

By Angel Subscribe to RSS | March 1st 2012 | Views:

As customers have started using handsets to make the best use of banking services offered by financial institutions, banks are eager to find the mobile solutions to offer unparalleled services. In this scenario, banking software companies are called upon to build ideal mobile banking solutions, which allow financial institutions to cater to the demands of end users. But, there are hurdles that ought to be cleared by the software company that aims to build good solutions for banks.


With handsets luring the attention of the general public, there has been a steady growth in the introduction of new devices. As customers make use of different types of mobile phone devices, mobile banking services should be made available on all these devices. The banking software companies ought to consider this significant aspect before they set out to build ideal solutions for financial institutions. Before bringing out a sophisticated application, features supported by the handset, as that of SMS, a WAP browser or Java ME have to be taken into consideration to achieve the desired results.


When Banking software companies strain at the leash to introduce mobile banking solutions for banks, there are several other features that demand the attention of the company that wants to build an ideal tool. Security pertaining to financial transactions happens to be a significant feature that needs to be weighed by the software organization. Various features like encryption of data while it gets transmitted over air, password authentication, and encryption of data as when it is stored in a device, among the other important features arrest the attention of the company.


In unveiling such mobile services, financial institutions strive to meet customer demands and offer unparalleled services to customers. But, when customers make good use of these services, their expectations tend to grow, as banks ought to be prepared to meet the growing expectations of customers. Banks gain customer confidence only when its performance is good, as it also becomes a reliable source that earns approval from customers. This is also a feature that needs to be considered by software companies when they strive to bring out the best mobile solutions for financial institutions.

While a software company is eager to bring out the best mobile banking solutions, it has to take note of important aspects that can impact the solution, to make sure that the company achieves the desired objective.

Angel - About Author: provides mobile banking solutions which enables banks, community banks and credit unions to provide their customers with 24/7, anytime anywhere banking. The result is a secure and scalable platform that helps your organization to increase loyalty, acquire new customers, cross-sell products plus much more.

Share on Facebook Tweet It Stumbleupon this post This post is delicious !

Article Source:

Related Software Articles Subscribe to RSS

Augmented Reality on mobile phones is now a reality
Published by Anand Kumar on May 18th 2012 | Software
The embedded cameras in the mobile phones are the key drivers to extend the Augmented Reality applic...
Make your own mobile website quickly and efficiently
Published by Kireenpolard on December 27th 2011 | Software
Development of mobile version of a website is easy and you can make a mobile website within minutes....
MyNino - a must have GPS tracking mobile app
Published by Terry Littrell on January 24th 2012 | Software
The article is on the BlackBerry GPS tracking app MyNino and its various features which ensure the s...
HTML5 developers are looking for a great mobile web apps channel
Published by Shaz Memon on August 13th 2012 | Computer
Cross-platform HTML5 games are emerging, but cannot find a good publishing channel on mobile....
How mobile phone analytics have affected market research
Published by Jay Donaldson on March 29th 2012 | Computer
Mobile phone analytics provide an insight into how subscribers really use their phones. They provide...
Importance of mobile browser detection to mobile application tracking
Published by Jay Donaldson on March 29th 2012 | Computer
It is important for mobile application tracking software to be able to detect different types of mob...
Essential things to know about mobile app development
Published by Angel on December 1st 2011 | Software
Mobile applications are growing rapidly and are really very useful for entertainment as well as busi...
Mobile Application Development- Blooming passion in mobile world
Published by Isol on January 9th 2012 | Software
Mobile application development has gained a lot of importance in the recent as users of mobile phone...
Selecting the right GSM UAE mobile gadget for your needs
Published by Andy Wagon on March 26th 2012 | Software
There are a number of people who look forward to make use of genuine GSM UAE mobile gadget. It is ce...
Four challenges to overcome during mobile website development
Published by Angel on January 25th 2012 | Software
Organizations offer their focal attention to build mobile sites through mobile website development p...
What makes banking software companies an able ally for financial institutions
Published by Angel on March 9th 2012 | Software
With the rise in the demand pertaining to banking software solutions, financial institutions have st...
What are the advantages offered by mobile website development?
Published by Angel on December 28th 2011 | Software
With the aid of mobile website development program, a company can build an effective mobile website ...
Explore the new avenues of business with the help of mobile developers
Published by Amit Kumar on July 24th 2012 | Software
Back in 2008 search engine giant Google launched its own Smartphone in the market. The market was st...
Robust health care mobile applications exclusively available for free in the iphone app store.
Published by Anand Kumar on February 8th 2012 | Software
Here is the list of the major health care apps that are extremely useful in chronic disease manageme...
How customers get benefited from mobile banking services
Published by Angel on December 21st 2011 | Software
Mobile banking services offered by financial institutions help customers in different ways. The mobi...
Perks of genuine GSM UAE mobile network service provider
Published by Andy Wagon on March 26th 2012 | Software
The moment we speak of mobile networks, it is certain that we get to see two main types of subscript...
Mobile Websites: Creating a mobile friendly website
Published by Kireenpolard on December 27th 2011 | Software
Mobile websites are best marketing tools through which you can reach to millions of users. You just ...
Would mobile banking solutions undergo great changes
Published by Angel on August 13th 2012 | Software
Financial institutions introduce mobile banking solutions to afford convenient banking service to cu...
A mobile application for constant Social networking activities
Published by Anand Kumar on December 12th 2011 | Software
If you are a social media enthusiast or you constantly are in the habit of uploading photos then thi...
Do financial institutions derive good mileage out of mobile banking services
Published by Angel on April 3rd 2012 | Software
Financial institutions are offering mobile banking services to afford convenience banking to custome...