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M:

M2M
MCC
MDM
MIM
MMS
MNC
MNO
MNP
Mobile Advertising
Mobile Banking
Mobile Commerce
Mobile Content
Mobile Enterprise
Mobile Entertainment
Mobile Interaction
Mobile Messaging
Mobile Payment
Mobile Social Networking
Mobile Ticketing
MSC
MSISDN
MSRN
mTAN
MVNE
MVNO
 

Mobile Banking
Mobile banking (also known as M-Banking and SMS Banking) is a service allowing consumers to perform balance checks and transaction authentications via a mobile device. Mobile banking today is mostly performed via SMS or the Mobile Internet (WAP), but can also use special clients downloaded to the handset.


Mobile banking supports many services such as banking updates, account transaction alerts and 2-factor authentication services in the form of OTPs (one-time passwords) or mTANs, as well as stock & brokerage alerts.