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Mobile banking – and its
threats – on the rise

Simeon ConeyThe unprecedented growth in mobile banking in Africa comes as welcome news to investors, telecoms providers, financial institutions and consumers. However, warns SIMEON CONEY, VP of Strategic Development, at AdaptiveMobile, the potential for fraud and abuse requires user education and operator engagement.

South Africa stands to emerge as the leader in mobile banking on the continent of Africa.

A recent United Nations Trade and Development Conference singled out how mobile technology can help trade and commerce, specifically benefiting the growth and sustainability of small vendors in South Africa.

Mobile is a natural medium for banking services such as money transfers, and the ubiquity of the mobile phone makes it easier to reach consumers, overcoming the challenges of limited ATM and bank property infrastructure in particular regions.

With this opportunity comes the challenge to protect users and the system from fraud and abuse.


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Neotel unveils broadband phone

Neotel’s broadband phone

Our sister web site, Gadget, today lifts the lid on the first consumer device that will be rolled out by Neotel, South Africa’s second network operator. Alluded to as a “converged device” in briefings earlier this week, it has emerged that it will be a phone with a high-speed Internet connection, providing “carrier grade” voice, as well as broadband data, to consumers in urban areas. Read more about it on the Gadget web site.

 



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Africa on the move

The Africa 2008 telecommunications conference, to be held in Cairo from 12 to 15 May 2008, will welcome leading names in the ICT industry, and more than 5000 visitors. It comes at a time when increased liberalisation of markets is leading to a boom in telecommunications on the continent.

Organized by the International Telecommunications Union, ITU Telecom Africa 2008 is intended to promote the ICT industry both regionally and internationally. Five to six thousand visitors are expected to attend the event and explore the region’s ICT and telecommunication market.

The event promises a concentration of government, regulatory and private sector players, together with leading thinkers to negotiate and debate the industry’s most innovative technologies and its most significant issues.

Dr Hamadoun I. Touré“The investment climate in Africa is particularly inviting right now,” said Dr Hamadoun I. Touré, ITU Secretary-General. “Liberalised markets forge forward and demand continues at a remarkable speed.”

Referring to the successful Connect Africa Summit, Dr Touré added, “We’re certain to see further momentum on the investment commitments generated in the last six months.”

AFRICA 2008 boasts an extensive international Exhibition – a key component of ITU Telecom since its inception in 1971. Leading players from the region as well from major international companies come together with a huge display of ICT products and services at the Cairo International Conference and Exhibition Centre.



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WiMAX delays dampen impact in SA

Limited roll-out of WiMAX has resulted in dampening of its potential impact, according to a new research report from World Wide Worx.

Delays in the award of licenses for providing the new WiMAX high-speed wireless broadband service to businesses and consumers and the limited roll-out of services that have been licensed has resulted in dampening of its potential impact.

WiMAX in SA 2008This is the core conclusion of the first study on the impact of the technology in South Africa, conducted by World Wide Worx. The report, “WiMAX in SA 2008: Year Zero”, released yesterday, shows that only those companies that have already deployed WiMAX have appreciated its impact.

These companies are all using Telkom’s scaled down version of WiMAX, which is provided only where its ADSL fixed line service is not available, and only at ADSL-type speeds. WiMAX can theoretically offer speeds of up to 70Mbps, as opposed to ADSL’s fastest option in South Africa of 4Mbps. Even at far lower speeds, however, the potential offered by WiMAX is not yet on the horizon, since no serious competition exists to spur its roll-out.



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The message from Barcelona:
anywhere, anytime, anything

With the concept of ubiquitous services being at the heart of this month’s Mobile World Congress in Barcelona, a keynote session focused on the topic of ubiquitous networks rang a loud bell.

The CEOs of Bharti Airtel, Ericsson, Qualcomm and Telstra examined the way in which networks are developing to support mobile as the access method of choice and deliver anywhere, anytime connectivity to anyone or anything.

Mobile everywhereCarl-Henric Svanberg, President and CEO of Ericsson, said that for him the idea of a ubiquitous network was ‘broadband everywhere,’ and that this was being achieved through the rapid growth of the HSPA ecosystem. He pointed to some 250 vendors producing around 400 devices as proof, stating that the ever-shrinking size of HSPA data cards means they will soon be installed in multiple devices and ‘everything will communicate’. Within a year, he claimed, HSPA will be delivering 40Mb/s in the downlink.

Of course, that is a rich claim, bearing in mind the big deal South Africa’s networks have made of moving to 3.6Mb/s download speeds on HSDPA cards.



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The Big Change is a business strategy blog and newsletter published by Arthur Goldstuck, managing director of World Wide Worx, a leading technology research organisation based in Johannesburg, South Africa.

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