Portfolio Tilt

Combining active and passive investment management.

Internet Mobile

Latin America banks point toward mobile banking mobile banking is the one in which the cell phone as a medium is used to make banking transactions, consumers are replacing some functions of banking online and ATMs with mobile banking applications. Mobile Banking offers the possibility to obtain account information and complete certain financial transactions using a connected mobile device. Today, a growing number of banks and telephone operators are leading users the ease of making transactions from the cell. Spain, United States, banks and other banks in Europe have already implemented mobile banking service and it is developed to perform any kind of financial transactions via cell phone or telephone. Banks in South America have been slowly dabbling in payment and financial consultations via the mobile phone.

In South America the banks of Colombia have taken the first steps to achieve bank transactions mobile phones, phone companies, in turn, are offering as part of the portfolio of services connecting with an extensive list of banks in the country. One of the advantages of mobile banking is that from there it is conducted on a variety of platforms through numerous devices and is difficult to compromise the security of individually. The most important benefit of banking is the ability to establish connectivity from any area of the country. Compared with the traditional online banking that requires an Internet connection, the versatility of the banking via mobile phone has no limits. In Colombia they have decreased costs for banks since that earlier forced to use an ATM, today can be done from the cell. The country still claims there have been fraud in mobile banking. The banks of Chile for its part, has implemented the mobile banking service and transfers of funds, advances of money, recharging mobile phones and payments can be made. Little Latin America is It is located at the level of the European countries in which mobile banking is obliged banks service.