Comments on: A mobile revolution is taking place in the developing world http://www.experientia.com/blog/a-mobile-revolution-is-taking-place-in-the-developing-world/ Daily insights on user experience, experience design and people-centred innovation Thu, 26 Jan 2012 19:46:09 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: hannes http://www.experientia.com/blog/a-mobile-revolution-is-taking-place-in-the-developing-world/comment-page-1/#comment-37754 hannes Mon, 15 Oct 2007 06:41:24 +0000 http://www.experientia.com/blog/a-mobile-revolution-is-taking-place-in-the-developing-world/#comment-37754 Mobile banking in Africa, Middle East and South East Asia is often based on SIM card technology (so called SIM browsers). This technology is more secure than any other type of banking (including EMV chip cards and dual factor Internet banking). It is interesting that first world observers think that banking in developing worlds are not secure (like mobile banking in first world implementations - most that are based on relatively in-secure technology like SMS's and xHTML). One of the key reasons why mobile banking is working in developing worlds is because the implementations are much more advanced technologically speaking. I believe that this is because of a) lack of legacy constraints, b) willingness to experiment c) fewer stakeholders that delay advances in banking. Also see my blog: mbanking.blogspot.com Mobile banking in Africa, Middle East and South East Asia is often based on SIM card technology (so called SIM browsers). This technology is more secure than any other type of banking (including EMV chip cards and dual factor Internet banking). It is interesting that first world observers think that banking in developing worlds are not secure (like mobile banking in first world implementations – most that are based on relatively in-secure technology like SMS’s and xHTML).

One of the key reasons why mobile banking is working in developing worlds is because the implementations are much more advanced technologically speaking. I believe that this is because of a) lack of legacy constraints, b) willingness to experiment c) fewer stakeholders that delay advances in banking.

Also see my blog: mbanking.blogspot.com

]]> By: Smart Mobs » Blog Archive » Alex Steffen at Picnic’07: “Good companies tell their bad stories” http://www.experientia.com/blog/a-mobile-revolution-is-taking-place-in-the-developing-world/comment-page-1/#comment-37290 Smart Mobs » Blog Archive » Alex Steffen at Picnic’07: “Good companies tell their bad stories” Sat, 29 Sep 2007 18:51:21 +0000 http://www.experientia.com/blog/a-mobile-revolution-is-taking-place-in-the-developing-world/#comment-37290 [...] on this mobile revolution taking place in [...] [...] on this mobile revolution taking place in [...]

]]> By: R_Math http://www.experientia.com/blog/a-mobile-revolution-is-taking-place-in-the-developing-world/comment-page-1/#comment-37269 R_Math Sat, 29 Sep 2007 04:48:06 +0000 http://www.experientia.com/blog/a-mobile-revolution-is-taking-place-in-the-developing-world/#comment-37269 Your observations are correct. Our experience is that the mobile revolution is leap-frogging the developing world. Mobile banking for example is more acceptable as a customer service offering in smaller markets (such as the Middle East) where the benefits outweigh the security considerations (or worries) to banks implementing mobile/SMS banking. Interestingly, there are lot more enquiries for our product (Bank Smart - see wwww.acette.com ) from MESA region than from Europe or the Amercias. Your observations are correct. Our experience is that the mobile revolution is leap-frogging the developing world. Mobile banking for example is more acceptable as a customer service offering in smaller markets (such as the Middle East) where the benefits outweigh the security considerations (or worries) to banks implementing mobile/SMS banking.

Interestingly, there are lot more enquiries for our product (Bank Smart – see wwww.acette.com ) from MESA region than from Europe or the Amercias.

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