1. Introduction to mobile financial services and its implications
-
Upload
michael-nuciforo -
Category
Documents
-
view
400 -
download
1
Transcript of 1. Introduction to mobile financial services and its implications
![Page 1: 1. Introduction to mobile financial services and its implications](https://reader033.fdocuments.in/reader033/viewer/2022052905/55861b9fd8b42abe278b4ecb/html5/thumbnails/1.jpg)
MICHAEL NUCIFORO
Mobile Consultant, Innovator and Futurist
Developing a Mobile Proposition
Section 1: Introduction to mobile financial services and its implications
![Page 2: 1. Introduction to mobile financial services and its implications](https://reader033.fdocuments.in/reader033/viewer/2022052905/55861b9fd8b42abe278b4ecb/html5/thumbnails/2.jpg)
Examining the capabilities of mobile: present and future
• Global review: case studies of leading mobile offerings from around the world
• Understanding the different features of mobile devices and their potential applications
• New technologies on the horizon: the capabilities you should look out for
• The security implications of mobile functionality and how these should be addressed
2
Section 1 – 10:25 to 11:20
![Page 3: 1. Introduction to mobile financial services and its implications](https://reader033.fdocuments.in/reader033/viewer/2022052905/55861b9fd8b42abe278b4ecb/html5/thumbnails/3.jpg)
3
We heard it all before…
![Page 4: 1. Introduction to mobile financial services and its implications](https://reader033.fdocuments.in/reader033/viewer/2022052905/55861b9fd8b42abe278b4ecb/html5/thumbnails/4.jpg)
This time it’s different…
4
![Page 5: 1. Introduction to mobile financial services and its implications](https://reader033.fdocuments.in/reader033/viewer/2022052905/55861b9fd8b42abe278b4ecb/html5/thumbnails/5.jpg)
5
Everything aligned…
![Page 6: 1. Introduction to mobile financial services and its implications](https://reader033.fdocuments.in/reader033/viewer/2022052905/55861b9fd8b42abe278b4ecb/html5/thumbnails/6.jpg)
6
A Mobile economy has emerged…
![Page 7: 1. Introduction to mobile financial services and its implications](https://reader033.fdocuments.in/reader033/viewer/2022052905/55861b9fd8b42abe278b4ecb/html5/thumbnails/7.jpg)
7
And it’s blurring boundaries…
![Page 8: 1. Introduction to mobile financial services and its implications](https://reader033.fdocuments.in/reader033/viewer/2022052905/55861b9fd8b42abe278b4ecb/html5/thumbnails/8.jpg)
‘As banking becomes Mobile, there is a need
to reach consumers in new ways, provide
relevant, timely information and ultimately
influence behaviour right at the point of
impact’.
This means…
8
![Page 9: 1. Introduction to mobile financial services and its implications](https://reader033.fdocuments.in/reader033/viewer/2022052905/55861b9fd8b42abe278b4ecb/html5/thumbnails/9.jpg)
9
The second wave is coming…
![Page 10: 1. Introduction to mobile financial services and its implications](https://reader033.fdocuments.in/reader033/viewer/2022052905/55861b9fd8b42abe278b4ecb/html5/thumbnails/10.jpg)
10
Last year alone…
![Page 11: 1. Introduction to mobile financial services and its implications](https://reader033.fdocuments.in/reader033/viewer/2022052905/55861b9fd8b42abe278b4ecb/html5/thumbnails/11.jpg)
Web versus Native…
11
WEB
NATIVE
BROWSER DATA,
IMAGES
DATA
Data, images and layout are downloaded every time a page is launched
Images, layout, and some copy is downloaded once – up front
Only required data is requested upon page launch
![Page 12: 1. Introduction to mobile financial services and its implications](https://reader033.fdocuments.in/reader033/viewer/2022052905/55861b9fd8b42abe278b4ecb/html5/thumbnails/12.jpg)
12
Native capabilities…
NATIVE
![Page 13: 1. Introduction to mobile financial services and its implications](https://reader033.fdocuments.in/reader033/viewer/2022052905/55861b9fd8b42abe278b4ecb/html5/thumbnails/13.jpg)
13
New opportunities…
![Page 14: 1. Introduction to mobile financial services and its implications](https://reader033.fdocuments.in/reader033/viewer/2022052905/55861b9fd8b42abe278b4ecb/html5/thumbnails/14.jpg)
Two Factor Security Models… Native capabilities can also enhance security:
Global Unique Security Token per mobile client application instance
Mobile number of the consumer
Password
Together, these three items provide:
Something the customer has
Security Token
Stored in the app instance
Something the customer knows
Mobile Number
Password/PIN
14
![Page 15: 1. Introduction to mobile financial services and its implications](https://reader033.fdocuments.in/reader033/viewer/2022052905/55861b9fd8b42abe278b4ecb/html5/thumbnails/15.jpg)
15
Castlight Health’s Mobile App
Castlight utilises native
technology to streamline the
health insurance process.
![Page 16: 1. Introduction to mobile financial services and its implications](https://reader033.fdocuments.in/reader033/viewer/2022052905/55861b9fd8b42abe278b4ecb/html5/thumbnails/16.jpg)
16
Progressive Insurance Quotes
Progressive Lets Customers Get
Quotes, File Claims, And Pay Bills
By Taking Pictures.
![Page 17: 1. Introduction to mobile financial services and its implications](https://reader033.fdocuments.in/reader033/viewer/2022052905/55861b9fd8b42abe278b4ecb/html5/thumbnails/17.jpg)
17
Barclays Pingit
Barclays Pingit has utilised push
notification reminders with deep
links to functionality.
![Page 18: 1. Introduction to mobile financial services and its implications](https://reader033.fdocuments.in/reader033/viewer/2022052905/55861b9fd8b42abe278b4ecb/html5/thumbnails/18.jpg)
18
Capital One Sales
Capital One has developed
product sales journeys using
adaptive design.
![Page 19: 1. Introduction to mobile financial services and its implications](https://reader033.fdocuments.in/reader033/viewer/2022052905/55861b9fd8b42abe278b4ecb/html5/thumbnails/19.jpg)
19
Halo Cab Ordering
Halo has leveraged location
technology to instantly hail a cab.
![Page 20: 1. Introduction to mobile financial services and its implications](https://reader033.fdocuments.in/reader033/viewer/2022052905/55861b9fd8b42abe278b4ecb/html5/thumbnails/20.jpg)
20
eBay Online Shopping
eBay offers QR scanning so you
get price compare in store. In the
UK, 1 car is sold every minutes on
eBay mobile!
![Page 21: 1. Introduction to mobile financial services and its implications](https://reader033.fdocuments.in/reader033/viewer/2022052905/55861b9fd8b42abe278b4ecb/html5/thumbnails/21.jpg)
21
Zeebox TV Guide
Zeebox has used HTML5 to
provide a rich interface across
multiple device types.
![Page 22: 1. Introduction to mobile financial services and its implications](https://reader033.fdocuments.in/reader033/viewer/2022052905/55861b9fd8b42abe278b4ecb/html5/thumbnails/22.jpg)
22
NatWest GetCash
Customers simply enter the
amount they wish to withdraw
and a ‘cash code’ is revealed.
They then input the code into an
ATM to withdraw funds.
![Page 23: 1. Introduction to mobile financial services and its implications](https://reader033.fdocuments.in/reader033/viewer/2022052905/55861b9fd8b42abe278b4ecb/html5/thumbnails/23.jpg)
23
PayPal Wallet
PayPal allows customers to
import their card details via the
camera. Simple and secure.
![Page 24: 1. Introduction to mobile financial services and its implications](https://reader033.fdocuments.in/reader033/viewer/2022052905/55861b9fd8b42abe278b4ecb/html5/thumbnails/24.jpg)
24
Bank of America
BofA offer mobile cheque deposit
function. Customer can take a
photo of the front and back of
their cheque before submitting.
![Page 25: 1. Introduction to mobile financial services and its implications](https://reader033.fdocuments.in/reader033/viewer/2022052905/55861b9fd8b42abe278b4ecb/html5/thumbnails/25.jpg)
25
CommBank ‘Bump’
Customers can send and receive
money by touching phones
together – bump!
![Page 26: 1. Introduction to mobile financial services and its implications](https://reader033.fdocuments.in/reader033/viewer/2022052905/55861b9fd8b42abe278b4ecb/html5/thumbnails/26.jpg)
26
ABN Amro ‘Eurogami’
Customers can add an image, a
‘Eurogami’ or send a text
message to recipients when
making a payment.
![Page 27: 1. Introduction to mobile financial services and its implications](https://reader033.fdocuments.in/reader033/viewer/2022052905/55861b9fd8b42abe278b4ecb/html5/thumbnails/27.jpg)
27
SEB Augmented Reality
The app allows customers using
the augmented reality branch
finder to view real time
information on branch waiting
times.
![Page 28: 1. Introduction to mobile financial services and its implications](https://reader033.fdocuments.in/reader033/viewer/2022052905/55861b9fd8b42abe278b4ecb/html5/thumbnails/28.jpg)
1. Mobile will be the primary digital connection for your customers
2. The future of mobile is user context
3. Leverage immediacy, intimacy, and context throughout the customer life cycle
4. Reassure consumers about their privacy and security
5. Utilise native technology where applicable
6. Focus on value add, not gimmicks!
28
Key takeaways…