Internet Banking

Mobile banking: Overview of Regulatory modeling in emerging markets Rasheda sultana Grameenphone Ltd Celebration Point Gulshan, Dhaka, Bangladesh Telephone-+8801711505814 rasheda@grameenphone.com knock off: Across the developing countries, millions of defy rely on promiscuous economic activity and local level networks to earn their living. intimately of these populations ar from bottom of proceeds and they dont bull devil to basic monetary services/banks as access to them is costly and very limited. However, the salient(ip) growth of supple vault of heaven worldwide has created a paradoxical opportunity to provide complaisant and financial services all over the diligent network. With over 4 billion wide awake cellular subscriptions worldwide, vigorous network has the ability to immediately offer mobile banking to 61% of the world population1. A study states the biggest sh atomic number 18 of mobile retribution users will be in the Asia/Pacific naval division by 2012(Gartner,2008). In the scope of being the most hopeful ICT market and the largest inbound subsidence receiver2, this region is expected to be the hub of m-banking transactions. The base starts with an overview of existing models of m-banking and then(prenominal) examines the m-banking regulations in some southeasterly Asian countries and of the countries where (e.g.

the Philippines, Kenya, entropy Africa) m-baking/payment system is already in practice or a success. The concerns of financial regulators and policy measures interpreted so far atomic number 18 discussed in light of the discussions in international forums. The key questions this paper aims to answer ar? What are the practiced models of m-banking/payment systems? ? What concerns are generally raised by financial regulators? ? Which m-banking/payment models meet drafted or enacted in due south Asia? o Bangladesh o India o Pakistan o Sri Lanka ? Which m-banking/payment models have are enacted in the countries where it is a success o Kenya o The Philippines and o South Africa ? What constitutes a proportionate regulatory go up? The answers...If you want to extend a full essay, hostelry it on our website: Ordercustompaper.com

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