The rise of mobile technology in the financial sector in Zimbabwe
The emergence of technology has revolted the way that the financial industry operates and the increasing use of mobile gadgets has changed the banking system from the traditional brick and mortar building to a virtual system. The sudden rise in use and innovation of smart mobile phones, mobile perso...
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| Format: | Article |
| Language: | English |
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Czech Society of Systems Integration
2019
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| Online Access: | http://www.si-journal.org/index.php/JSI/article/view/288 http://hdl.handle.net/11408/3462 |
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| author | Mupfiga, Paul Mudare, Tafadzwa |
| author_facet | Mupfiga, Paul Mudare, Tafadzwa |
| author_sort | Mupfiga, Paul |
| collection | DSpace |
| description | The emergence of technology has revolted the way that the financial industry operates and the increasing use of mobile gadgets has changed the banking system from the traditional brick and mortar building to a virtual system. The sudden rise in use and innovation of smart mobile phones, mobile personal computers, tablets and various other mobile electronic gadgets has resulted in the rise of mobile financial products. Rapid quickening innovative headways are making completely new business suggestions, for example, crowd financing, shared loaning, advanced monetary forms, versatile managing an account, online speculation and new instalment frameworks. Zimbabwe's mobile technology use is currently on the rise too as mobile service providers like Econet are enabling the connection between consumers and financial related products. Despite the fact that innovation without a doubt brings benefits, prominent specialized disappointments in the money related part lately are disturbing and several negative factors are to some extent affecting production. Drawbacks like cybercrime, resistance to change, and compatibility of mobile gadgets are affecting the information technology environment. This paper highlights the rise of mobile technology in the financial sector in Zimbabwe. |
| format | Article |
| id | ir-11408-3462 |
| institution | My University |
| language | English |
| publishDate | 2019 |
| publisher | Czech Society of Systems Integration |
| record_format | dspace |
| spelling | ir-11408-34622022-06-27T13:49:06Z The rise of mobile technology in the financial sector in Zimbabwe Mupfiga, Paul Mudare, Tafadzwa Mobile technology Mobile gadgets Financial sector The emergence of technology has revolted the way that the financial industry operates and the increasing use of mobile gadgets has changed the banking system from the traditional brick and mortar building to a virtual system. The sudden rise in use and innovation of smart mobile phones, mobile personal computers, tablets and various other mobile electronic gadgets has resulted in the rise of mobile financial products. Rapid quickening innovative headways are making completely new business suggestions, for example, crowd financing, shared loaning, advanced monetary forms, versatile managing an account, online speculation and new instalment frameworks. Zimbabwe's mobile technology use is currently on the rise too as mobile service providers like Econet are enabling the connection between consumers and financial related products. Despite the fact that innovation without a doubt brings benefits, prominent specialized disappointments in the money related part lately are disturbing and several negative factors are to some extent affecting production. Drawbacks like cybercrime, resistance to change, and compatibility of mobile gadgets are affecting the information technology environment. This paper highlights the rise of mobile technology in the financial sector in Zimbabwe. 2019-03-12T14:48:49Z 2019-03-12T14:48:49Z 2017 Article 1804-2724 http://www.si-journal.org/index.php/JSI/article/view/288 http://hdl.handle.net/11408/3462 en Journal of Systems Integration;Vol. 8, No. 3; p: 19-28 open Czech Society of Systems Integration |
| spellingShingle | Mobile technology Mobile gadgets Financial sector Mupfiga, Paul Mudare, Tafadzwa The rise of mobile technology in the financial sector in Zimbabwe |
| title | The rise of mobile technology in the financial sector in Zimbabwe |
| title_full | The rise of mobile technology in the financial sector in Zimbabwe |
| title_fullStr | The rise of mobile technology in the financial sector in Zimbabwe |
| title_full_unstemmed | The rise of mobile technology in the financial sector in Zimbabwe |
| title_short | The rise of mobile technology in the financial sector in Zimbabwe |
| title_sort | rise of mobile technology in the financial sector in zimbabwe |
| topic | Mobile technology Mobile gadgets Financial sector |
| url | http://www.si-journal.org/index.php/JSI/article/view/288 http://hdl.handle.net/11408/3462 |
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