Payment news, March 2

Mobile banking expands in Asia, while payment security is improved in India and at the Bank of Taiwan.

195 million mobile banking users predicted in Asia

The majority of mobile banking subscribers in the world are located in Asia-Pacific, with India leading the way, according to a recent survey by market intelligence firm ABI Research. The firm found that last year there were 52.2 million mobile banking subscribers globally with the lion's share in Asia, said Mark Beccue, ABI Research senior analyst. He predicts that, by 2015, Asia-Pacific will account for 195 million of the 407...

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