Mobile banking: The answer for the unbanked in America?

TY - JOUR

T1 - Mobile banking

T2 - The answer for the unbanked in America?

AU - Christopher, Catherine Martin

N1 - Funding Information: 157. See Lawack, supra note 141, at 320 n.7. 158. See Stermler & Raymond, supra note 145, at 313. 159. See id.; Jongho Kim, Ubiquitous Money and Walking Banks: Environment, Technology, and Competition in Mobile Banking, 8 RICH. J. GLOBAL L. & BUS. 37, 50 n.69 (2008) (citing IVATURY & PICKENS, supra note 132, at 3). 160. IVATURY & PICKENS, supra note 132, at 3. 161. Id. 162. See Nobel, supra note 137. 163. See id. 164. IVATURY & PICKENS, supra note 132, at 4 (“On average, WIZZIT users surveyed appear to conduct more banking transactions per month using the mobile phone than nonusers conduct using all other channels.”). 165. See Ignacio Mas & Dan Radcliffe, Mobile Payments Go Viral: M-PESA in Kenya, 32 J. FIN. TRANSFORMATION 169, 169 (2011). 166. Id. at 170. 167. See Nobel, supra note 137 (explaining that WIZZIT teamed with a bank to provide mobile banking, and that M-PESA teamed with two large telecommunication firms—Vodafone and Safaricom—to provide mobile banking using a phone’s SIM card). 168. See Mercy W. Buku & Michael W. Meredith, Safaricom and M-PESA in Kenya: Financial Inclusion and Financial Integrity, 8 WASH. J. L. TECH. & ARTS 375, 385 (2013). The project was subsidized by the United Kingdom’s “challenge funds,” which is money earmarked by the British government for funding global poverty-reduction efforts. Id.

PY - 2016/12/1

Y1 - 2016/12/1

UR - http://www.scopus.com/inward/record.url?scp=85027340312&partnerID=8YFLogxK

M3 - Review article

AN - SCOPUS:85027340312

VL - 65

SP - 221

EP - 252

JO - Catholic University Law Review

JF - Catholic University Law Review

SN - 0008-8390

IS - 2

ER -