While online and Mobile Banking share many similarities, there are also some differences.

Customers’ lives have become more demanding and banking technology has to keep up. Although online banking is more common than mobile banking for a while, many people mistakenly believe they are the same thing. However, there are distinct differences.

ONLINE BANKING

Online banking is any transaction that can be done online. This…

The following categories can be applied to Mobile Banking services:

1. ACCESS TO ACCOUNT INFORMATION

Account information access allows clients to view their account balances and statements by requesting a mini account statement, review transactional and account history, keep track of their term deposits, review and view loan or card statements, access investment statements (equity or mutual funds), and for some institutions,…

Before 1999, European banks were the first to offer Mobile Banking services via WAP support.

Prior to 2010, SMS banking and mobile Internet were the most popular mobile banking products. Clients were able to download Mobile Banking Apps .

Many financial institutions use SMS and mobile apps to notify their clients of account activity and alert them to possible fraud. They also update…

Mobile banking is the act of transacting money via a mobile device (cellphones, tablets, etc.). It can be as simple as sending information or fraud to a client’s cell phone. It could also be as easy as sending money or bills abroad.

UNDERSTANDING MOBILE BANKING

Many banks have impressive Mobile Banking Apps that make it easy to use mobile banking. Personal information could be compromised if this is not…

HOW MAJOR LIFE TRANSITIONS SUCH AS DIVORCE, MARRIAGE, MOTHERHOOD AFFECT WOMEN’S FINANCES, AND HOW TO POSITIVELY COUNTER THEM

The adage — “A woman’s best protection is a little money of her own” — has been handed down to women for ages. Yet, many women find it difficult to have financial independence in life, thanks to perceived societal roles, mentally and physically transforming life stages, and lack of awareness or assistance.

These, however, are modern times rooted in…

Financial institutions may be tempted to market Mobile Banking to men by using traditional gender stereotypes. Here are some reasons why credit union and bank marketers should not make this mistake.

It is well-known that technology stereotypes about men include the fact that they are tech-savvy and are easier to sell with technology messages. While this may hold true for certain product categories, such as HDTVs and mobile banking apps, it…

Gender is a theme that is entwined with the economy so deeply even without us realizing it. Scientists and economists have spent many a day putting together multidisciplinary research projects on different aspects of gender and work, finance, and growth. One such important aspect, especially relevant to our times, is that of part-time work and its effects on women’s financial success, and it inclines more towards the sunny side.

THE FLEXIBILITY OF WORK-LIFE AND ITS RELEVANCE FOR…

A Savings account is the first contact for most Indians with the banking system. You can deposit your savings, access them as you need them, and also earn handsome interest on the balance.

1. GIFT VOUCHERS, CASHBACK, AND DISCOUNTS

Because of their convenience, debit cards are very popular. Debit Cards are popular for their convenience. You can also earn rewards with your Debit Card transactions. You can earn cashback monthly on Debit Card transactions with many women…

LET’S MAKE THE RIGHT MONEY DECISIONS, TOGETHER.

The app that helps your wealth grow. Tailored, approachable and impact-driven banking to empower women financially

When you open an account with Fea Money, you save money, increase your wealth and support our female entrepreneurship community. Not only do we want to put more money in your pocket, but we also…