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News: Cambodia's Biggest Bank goes Live with M-Com Technology for Mobile Banking, Alerting and Payments
19 July 2010 Atlanta, Georgia ACLEDA Bank Launches Next Generation Mobile Self-Service Channel International mobile banking solution provider, M-Com, announced today that ACLEDA Bank Plc has launched its market-leading mobile financial services powered by M-Com's flagship product, BankAnywhere. "ACLEDA has now taken a solid market leadership position. We now offer the most comprehensive and compelling mobile financial services in Cambodia," said Mr. In Channy, President & CEO of ACLEDA Bank Plc. "We have effectively leapfrogged the Internet channel and gone straight to mobile." The deployed services enable ACLEDA customers to make person-to-person payments, pre-paid top up, utility bill payments and manage their finances in both Khmer and English scripts. These services are now available through text messaging, mobile browser and downloadable application interfaces and support multiple currencies and language scripts as required by ACLEDA's customers.
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Views: Mobile in Treasury and Commercial Banking
This M-Com article first appeared in GTnews.com – Perspectives Guiding Global Treasury and Finance (see http://www.gtnews.com/article/8066.cfm) There is little doubt that the opportunity for the mobile channel and mobile devices in general to transform financial services has been subjected to a great amount of exaggeration and hyperbole. Some of it is warranted. Looking at the opportunity in the context of global transaction services, commercial banking and treasury functions within major financial institutions, there are some self-evident truths that should be acknowledged. Firstly and most importantly, mobiles devices are universally in the hands of corporate representatives at all times. As such – and as they do for other applications like email and sporting scores – they deliver immediate and convenient access to information and interactions that are important to users.