TITLE

Why Wireless Banking Isn't a Hit Yet with Consumers

PUB. DATE
February 2004
SOURCE
Bank Technology News;Feb2004, Vol. 17 Issue 2, p41
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Explores why wireless banking is not appealing to bank consumers in the U.S. Lack of interest of consumers; Banks offering alert and notification services to Internet banking customers; Percentage of Internet banking customers signing up for alerts directly to e-mail addresses and/or wireless devices; Reasons why some companies do not launch commercial wireless services.
ACCESSION #
12700813

 

Related Articles

  • Mobile's Moment Finally Arrives. Wade, Will // U.S. Banker;Dec2009, Vol. 119 Issue 12, p80 

    The article offers information on the emergence of mobile phone internet banking. It notes that mobile services will emulate online banking sites by enabling people to view transactions, keep track of their accounts and pay bills wherever they are. It mentions that remote capture technology are...

  • What Industry Leaders Foresee.  // American Banker;2/21/2006, Vol. 171 Issue 34, p4A 

    This article offers experts' opinions about the future of banking and the effect of technologies in transforming banks. Joe Gottron of Huntington Bancshares Inc. believes the next wave of changes will come from integrating online banking features directly to customers ERP systems. Steve Williams...

  • A.T. Kearney Sees Plunge In Allure of Wireless Buying.  // American Banker;5/11/2001, Vol. 166 Issue 91, p10 

    Cites a survey by management consulting firm A.T. Kearney Inc., which found that many consumers are not particularly interested in making purchases through mobile telephones. Reasons for not wanting to make purchases through wireless technology; Consumers' lack of awareness about the advantages...

  • Cell Phones Give Access to the Underserved.  // Point for Credit Union Research & Advice;8/1/2006, p21 

    The article deals with the use of mobile communication systems in debit remittances in South Africa. Mobile banking is predominant in South Africa, where there is little infrastructure outside of urban areas. Sixty percent of the population lacks access to financial services, according to the...

  • E-Bank Client Counts Soar, But Questions Persist. Conrad, Lee // Bank Technology News;Oct2003, Vol. 16 Issue 10, p12 

    Reports on the increase of the number of individuals who engage in banking transactions through the Web in the U.S.. Factors that contribute to the increased incidence of Internet banking; Key cities where Internet banking is greatly utilized; Efforts made to convert bank customers into Web users.

  • The Internet Killed Distance. Mobile Phones Brought It Back. Goldfarb, Avi // MIT Technology Review;Jan/Feb2014, Vol. 117 Issue 1, p62 

    The article discusses the importance of location in e-commerce, how online shopping spared consumers the economic costs of visiting a physical store, and the role of mobile phones in linking online and offline environment. Economists attribute in-store buying to what they call disutility of...

  • Resistance Remains for Online Banking Adption.  // Community Banker;Aug2003, Vol. 12 Issue 8, p58 

    Focuses on the report "e-Security: Consumers' Perception Is the Bank's Reality," from the TowerGroup. Reason that consumers are not using Internet banking; Ways banks can overcome the reluctance of consumers to use Internet banking.

  • Banking on a secure future. West, Matthew // Travel Weekly: The Choice of Travel Professionals;6/23/2006 Supplement, p54 

    The article presents the views of several banking professionals on the future of online banking. Many of the more traditional high-street banks only set up their online services after Internet-only banks. But the industry as a whole now faces a problem: consumer interest in Internet banking has...

  • PREPAID WIRELESS TERMINAL IN MARKET.  // CardLine;7/31/2009, Vol. 9 Issue 31, p4 

    The article reports that O'Fallon, Missouri-based point-of-sale equipment distributor, The Phoenix Group, has begun selling a new prepaid version of Way Systems Inc.'s way5000 mobile point-of-sale device. The device is bundled with prepaid connection time and online payment-gateway services.

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics