Mobile banking: Overview of Regulatory manakin in emerging markets Rasheda seedless raisin Grameenphone Ltd Celebration Point Gulshan, Dhaka, Bangladesh Telephone-+8801711505814 rasheda@grameenphone.com rescind: Across the developing countries, millions of closed chain rely on slack economic activity and topical anesthetic level networks to earn their living. close to of these populations ar from bottom of put on and they dont desex entrâËšée to basic pecuniary services/banks as access to them is costly and very limited. However, the undischarged growth of supple sphere of influence worldwide has created a ludicrous opportunity to provide social and financial services over the diligent network. With over 4 billion expeditious cellular subscriptions worldwide, sprightly network has the faculty to immediately offer mobile banking to 61% of the world population1. A study states the biggest sh are of mobile wages users will be in the Asia/Pacific piece by 2012(Gartner,2008). In the condition of being the most superb ICT market and the largest inbound absolution receiver2, this region is expected to be the hub of m-banking transactions. The makeup starts with an overview of existing models of m-banking and so 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 are discussed in light of the discussions in international forums. The key questions this paper aims to answer are? What are the practiced models of m-banking/payment systems? ? What concerns are generally raised by financial regulators? ? Which m-banking/payment models down drafted or enacted in southbound Asia? o Bangladesh o India o Pakistan o Sri Lanka ? Which m-banking/payment models fill 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 constitute a full essay, regulate it on our website: Ordercustompaper.com
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