Mobile banking has become the fastest growing segment of the banking industry. This segment is not only increasing efficiency of the banking systems, but also has made the banking experience hassle-free and more convenient for the customers. According to a survey, 12 million people were using mobile banking services in 2009. With the increasing usage of mobile banking, the number of people availing these services is expected to rise to 45 million by the end of 2014. [Read more…]