Abstract
New research from Mercator Advisory Group examines how online banking is evolving to be more powerful and convenient
Boston, MA - March 7, 2013 - In new research, Next-Generation Online
Banking: Mobile, PFM, and Bill Pay, Mercator Advisory Group reviews how online
banking solutions are expanding beyond their roots as transaction-oriented
platforms into more customer-centric solutions designed to help customers plan
and execute a wide variety of tasks.
"Online banking is in transition," comments Ed O'Brien, director of
Mercator Advisory Group's Banking Channels Advisory Service, who with
Tristan-Hugo Webb, analyst, coauthored the report. "With recent developments
in tablets and other devices furthering the new capabilities being offered by
many FIs, many solutions are at a crossroads between being defined as an
online or mobile solution. In reality, they can be both."
Highlights of this report include:
- The current state of online banking
- Various ways for financial institutions to achieve an online banking
presence
- The diverse range of online services from mobile remote deposit capture
(RDC) to personal financial management tools (PFM) enabled by advances in
mobile and tablet technology
- Growth opportunities for online banking products in the United States,
Europe, and Asia
- New capabilities under development for both online and mobile banking
One of 11 exhibits in this report:
Source: Mercator Advisory Group
This report is 24 pages long and has 11 exhibits.
Organizations mentioned in this report include: First Data, Fiserv,
Intuit, Meniga, Strands Finance.
About Mercator Advisory Group
Mercator Advisory Group is the leading, independent research and
advisory services firm exclusively focused on the payments and banking
industries. We deliver pragmatic and timely research and advice designed to
help our clients uncover the most lucrative opportunities to maximize revenue
growth and contain costs. Our clients range from the world's largest payment
issuers, acquirers, processors, merchants and associations to leading
technology providers and investors.
Table of Contents
Executive Summary
Introduction
- The Maturation of Online Banking
- The Status Quo
- Solutions Availability and Financial Institution Size
- The Effect of PFM and Bill Pay on Online Banking
Convergence of Traditional Online and Online/Mobile Banking
- Taking a New View of PFM
- First Data
- Intuit
- Strands Finance
- Meniga
- Online Banking and Bill Pay
- Bill Pay and the Migration to Mobile
- Case Study Examples: Bill Pay Spans Online and Mobile Channels
An International Perspective
Looking Ahead
- End Notes
- Copyright Notice
Next-Generation Online Banking: Mobile, PFM, and Bill Pay published by Mercator Advisory Group, Inc. in March 7, 2013. This report consists of 24 Pages and the price starts from US $ 2950.
