Banking on the go

Kubota (left) takes over from Tan, who is assuming a regional advisory role.

THE number of people using mobile banking is expected to exceed one billion worldwide by 2017 from the current 500 million, according to UK-based Juniper Research in its study titled, “Mobile Banking: Handset & Tablet Market Strategies 2013-2017”.

Counting on the potential of mobile banking, newly appointed Hitachi eBworx managing director and group chief executive Masayo Kubota said one of the focus areas for the company’s R&D is mobility solutions to enable its clients to benefit from the boom in mobile banking.