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Mobile Banking for U.S. Corporate Customers: Catching On Slowly

Mobile banking among consumers is a "done deal" with wide acceptance. However, Mercator Advisory Group's new report, Mobile Banking for U.S. Corporate Customers: Catching On Slowly, finds both banks and commercial enterprises a bit cautious about unleashing mobile banking for corporate transactions.

 


Many corporate treasury personnel already have mobile devices (of myriad different kinds) and desire to mobilize their work lives as they have their personal lives. This research reviews some of the challenges facing corporations in choosing to authorize mobile transactions, as well as the challenges facing banks in attempting to serve these companies.



 

  • A description of the challenges of a bring-your-own-device (BYOD) mobile strategy, as it affects both the corporate customer and the bank
  • A catalog of the treasury functions most often supported by vendors and offered by banks
  • Identification and assessment of the three functional areas that differentiate the needs of middle market and larger customers from those of small business customers
  • An overview of the major delivery mechanisms for mobile banking in corporations today
  • Profiles of eight of the leading vendors and their strategies for supporting banks in offering mobile services to corporate customers 

 

The report is 28 pages long and contains seven exhibits.

 

Companies mentioned in this report include: ACI Worldwide, Backbase, Bottomline Technologies, FIS, Fiserv, Fundtech, Kony Solutions, SAP (Sybase), mFoundry, and mShift.