In the near future, you might not even have to visit a bank or an ATM to deposit a check. You'll simply snap a couple of photos of it with your cell phone. Applications for that purpose are already available from USAA, a company that provides insurance and banking mainly for military veterans, for Apple Inc.'s iPhone and other mobile devices. In addition, for farmers in Kenya, Africa Pan-African insurers are concluding plans to use M-Pesa to shield Kenya farmers with “Pay As You Plant” insurance scheme.
M-INSURE:
MOBILE INSURE: UAP INSURANCE USES MOBILE PHONES TO SHIELD KENYA'S FARMERS
MNairobi, Kenya: As East Africa recovers from the worst drought in decades, an innovative program launched today will use a low-cost, mobile phone payment and data system, and automated, solar powered weather stations, to offer thousands of farmers in parts of Western and Central Kenya affordable, "pay as you plant" insurance to protect their investments in desperately needed high-yielding seeds, fertilizers, as well as other farm inputs...
http://mobile-financial.com/node/5211/Micro-insurance-plan-uses-mobile-phones-and-weather-stations-to-shield-Kenya’s-farmers
MMT:
PERSON-TO-PERSON TRANSACTIONS COULD DRIVE DEVELOPING WORLD ECOMMERCE
Smartphone shopping is a rapidly expanding form of ecommerce for many online merchants. However, another, rarely addressed capability of the mobile commerce is person-to-person sales...http://www.edlconsulting.com/newsdetail.php?id=681&headline=Person-to-person_transactions_could_drive_developing_world_ecommerce
CELLPHONE BANKING SURGES
SA's banking sector reports a surge in demand for online and cellphone banking products, with this trend expected. Three of SA's big four banks – Absa, First National Bank (FNB) and Standard Bank – agree that online banking and cellphone transactions are growing at an impressive rate.
http://www.itweb.co.za/index.php?option=com_content&view=article&id=30996:cellphone-banking-surges&catid=159:it-in-banking
M-CHEQUE:
BANKS GOING MOBILE FOR DIGITAL CHEQUE IMAGING
VIn the near future, you might not even have to visit a bank or an ATM to deposit a check. You'll simply snap a couple of photos of it with your cell phone. Applications for that purpose are already available from USAA, a company that provides insurance and banking mainly for military veterans, for Apple Inc.'s iPhone and other mobile devices. JPMorgan Chase & Co., Bank of America Corp. and Citibank are among the banks planning to release similar applications this year.
http://www.statesman.com/business/technology/banks-going-mobile-route-for-digital-imaging-of-286484.html
