TITLE

Banks Down Under Monetize Mobile

AUTHOR(S)
Sausner, Rebecca
PUB. DATE
August 2008
SOURCE
Bank Technology News;Aug2008, Vol. 12 Issue 8, p29
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the move of ANZ to launch its mobile banking offering in New Zealand. It states that the company makes a compelling case study to position its mobile bank offering differently to the customers, including National Bank of New Zealand Ltd., which pay 25 cents per text message or inquiry to receive balances and ANZ customers to pay $2 per month for text banking services. It suggests U.S. banks to start charging customers who are non-Internet bankers to use the service.
ACCESSION #
34060694

 

Related Articles

  • The market: ANZ buys National Bank of NZ.  // BRW;10/30/2003, Vol. 25 Issue 42, p12 

    Reports on ANZ Banking Group Ltd.'s acquisition of the National Bank of New Zealand from Lloyds TSB.

  • IN WITH THE BLUE. Fahy, Ben // NZ Marketing Magazine;May/Jun2012, p18 

    The author examines the potential elimination of the of the National Bank brand to the banking industry in New Zealand. Topics discussed include the ANZ's acquisition of National Bank from Lloyds, the cost benefits of eliminating the National Bank brand in terms of retail space, labour and...

  • IT'S ALL THE SAME, INNIT? FAHY, BEN // NZ Marketing Magazine;Nov/Dec2012, p4 

    The author reflects on the importance of perception in selling. He says that consumers will pay more for a product based on their perception of the experience it will bring to them. He believes that this concept is also true for service brands. He mentions the case of ANZ bank in New Zealand...

  • Mind the gap. Isaac, Peter // Chartered Accountants Journal;Feb2010, Vol. 89 Issue 1, p58 

    The article focuses on the report released on the 2025 Taskforce organized by Don Brash concerning the income levels of New Zealand and Australia by 2025. The report focuses on the joint imprimaturs of the New Zealand Institute of Chartered Accountants and the Australian Accounting Standards...

  • When Opposites Attract: Building A Learning Organisation. Long, Richard // New Zealand Management;Sep2007, Vol. 54 Issue 8, p69 

    The article offers a look at how merged ANZ Bank and National Bank of New Zealand established a learning organization despite their difference. It was the first time in New Zealand that banks this size had merged and the first time internationally that a bank had chosen to operate a dual brand...

  • SMS! The most important information service in the World.  // Flare (Pakistan);9/15/2011, p37 

    The article reports on the domination of short message services (SMS) as the most important information service in the world and the driving force behind technology-enabled changes. One of the developing countries embracing the importance of SMS is the Philippines which is known as the texting...

  • Factors Influencing the Use of M-Banking by Academics: A Case Study of SMS-Based MBanking. Olasina, Gbolahan // African Journal of Information Systems;2015, Vol. 7 Issue 4, p56 

    There are several advantages with m-banking. Several related studies have shown that m-banking and indeed SMS-based mobile banking applications have become popular in many countries in Europe and America. The phenomenon remains not widely used in many others such as Nigeria. This study...

  • Learning to Monetize Mobile: In The Land Down Under. Sausner, Rebecca // U.S. Banker;Sep2008, Vol. 118 Issue 9, p46 

    The article presents the author's comments about the need to follow the revenue model of mobile banking in the U.S. The author says that the holding company ANZ National Bank, which is the owner of The National Bank and ANZ in New Zealand, has been following this model of banking. According to...

  • Industry Update: Asia Pacific.  // MarketWatch: Financial Services;December 2003, Vol. 2 Issue 12, p8 

    Reports on developments about the financial services industry in Asia Pacific as of December 2003. Australia & New Zealand Banking Group's purchase of the National Bank of New Zealand Ltd. from Lloyds TSB Group PLC; Amount of loans approved by the World Bank for a major oil pipeline project;...

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