tag:blogger.com,1999:blog-38136534.post3902797164949303198..comments2024-01-25T07:09:39.896-08:00Comments on Mobile Banking: Monitize to the rescueHannes@Homehttp://www.blogger.com/profile/05855107176790028364noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-38136534.post-60682749344167413262009-02-26T04:19:00.000-08:002009-02-26T04:19:00.000-08:00Hello,Whilst there are many fantastic "local" mobi...Hello,<BR/>Whilst there are many fantastic "local" mobile technology initiatives. its a simple fact that the core banking and mobile phone technologies such as payment protocols, secure web services as well as USSD, SMS, voice (IVR) and Java applets etc are mature systems. Many developers in the UK and elsewhere have been using these technologies to develop various applications for the past decade or more. <BR/><BR/>Therefore that experience was critical in getting the first generation of services built like MTN and particularly M-Pesa which was largely built on the back of a £1M plus grant to Vodafone UK and partners by the UK Government through DFID.<BR/><BR/>However, its clear that the next generation of mobile financial services will be much more "homegrown". For example, I understand that Zain's ZAP service was built internally and Barclays Hello Money service was also built in India. <BR/><BR/>Going forward, many of these new generation of mobile initiated financial services may indeed be licensed back to Europe and the US, so it may well be the case that your wish might indeed come true....<BR/><BR/>Simon Cavill<BR/>Mi-Pay LtdSimon Cavillhttps://www.blogger.com/profile/11329141469045320498noreply@blogger.com