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Liczba wyników
2020 | 9 | nr 3 | 83--98
Tytuł artykułu

Mobile Financial Services in the Context of Bangladesh

Warianty tytułu
Języki publikacji
EN
Abstrakty
EN
Financial service is one of the significant finance areas, which can be regarded as the functions provided by organizations that operate in the finance industry. In this dynamic era of business, there has been notable progress in the innovation of various financial services. Financial services innovation can be termed as new ways and processes of providing financial services to customers. The recent development of mobile banking, short messaging service (SMS) banking, agent banking, internet banking, mobile money account are remarkable instances of financial services innovation in Bangladesh. This paper studies the present scenario of mobile financial services, regulatory framework, and prospects and challenges of Bangladesh. This study is a descriptive study where quantitative data has been collected from secondary sources. The study's findings suggest that mobile financial services are accelerating in Bangladesh, but diversification of services is required to attain sustainable long-term growth. The concerned policymakers and practitioners' can use the study to enhance mobile financial services in Bangladesh. (original abstract)
Rocznik
Tom
9
Numer
Strony
83--98
Opis fizyczny
Twórcy
  • East West University, Dhaka, Bangladesh
autor
  • North South University, Bangladesh
autor
  • East West University, Bangladesh
Bibliografia
  • Al-Amin, S., & Rahman, S. S. (2010). Application of electronic banking in Bangladesh: an overview. Bangladesh Res. Pub. J, 4(2), 172-184.
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  • Bangladesh Bank (2019). Approved Mobile Financial Services, https://www.bb.org.bd/ fnansys/paymentsys/mobilefin.php (accessed: 23.08.2020).
  • Bangladesh Bank (2019). Mobile Financial Services (MFS) comparative summary statement, https://www.bb.org.bd/fnansys/paymentsys/mfsdata.php (accessed: 29.05.2019).
  • Barnes, S. J., & Corbitt, B. J. (2003). Mobile banking: Concept and potential. IJMC, 1(3), 273-288.
  • Cheney, J. S. (2008). An examination of mobile banking and mobile payments: building adoption as experience goods? FRB of Philadelphia-Payment Cards Center Discussion Paper, (08-07).
  • Gupta, S. (2013). The mobile banking and payment revolution. European Financial Review, 2(36), 215254.
  • Huda, S. S., Kabir, M. H., Popy, N. N., & Saha, S. (2020). Innovation in Financial Services: the Case of Bangladesh. Copernican Journal of Finance & Accounting, 9(1), 31-56.
  • http://dx.doi.org/10.12775/CJFA.2020.002 Islam, M. S. (2013). Mobile banking: An emerging issue in Bangladesh. ASA University Review, 7(1), 123-130.
  • Kabir, M. H. (2020). Financial Innovation: Accelerating Financial Inclusion in South Asia. In I.A. Boitan, K. Marchewka-Bartkowiak, Fostering Innovation and Competitiveness with FinTech, RegTech, and SupTech. Pennsylvania: IGI Global.
  • Kabir, M. R. (2013). Factors influencing the usage of mobile banking: Incident from a developing country. World Review of Business Research, 3(3), 96-114.
  • Mattila, M. (2003). Factors affecting the adoption of mobile banking services. The Journal of Internet Banking and Commerce, 8(1).
  • Mention, A. L. (2014). Innovation in financial services: a dual ambiguity. Cambridge: Cambridge Scholars Publishing.
  • Nabi, M. G., Sarder, M. M. R., Moula, M. G., & Sarder, M. W. (2017). Do Mobile Financial Services Promote Ethical Banking in Bangladesh. Bangladesh Economic Association, 1-17.
  • Payment System Department, Bangladesh Bank (2019). Mobile Financial Services (MFS) comparative summary statement, https://www.bb.org.bd/fnansys/paymentsys/ mfsdata.php (accessed: 11.09.2020).
  • Roxo da Fonseca, G. J. C. (2004). Technology innovation in financial services industry (Doctoral dissertation, Massachusetts Institute of Technology).
  • Rubin, R. E. (2017). Foundations of library and information science. Chicago, Washington: American Library Association.
  • Sarma, M. (2008). Index of financial inclusion. Working Paper Indian Council for Research on International Economic Relations (ICRIER), 215, 1-20.
  • Siddiquie, M. R. (2014). Scopes and threats of Mobile Financial services in Bangladesh. IOSR Journal of Economics and Finance (IOSR-JEF), 4(4), 36-39.
  • Wilkes, B. (2014). U.S. Patent No. 8,630,951. Washington, DC: U.S. Patent and Trademark Office.
  • World Bank Group. (2013). Global financial development report 2014: Financial inclusion (Vol. 2). Washington: The World Bank.
Typ dokumentu
Bibliografia
Identyfikatory
Identyfikator YADDA
bwmeta1.element.ekon-element-000171613191

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