The meaning of the word mobile has changed over the last decade to mean much more than the ability to move freely from one place to another. From a simple cordless phone that allowed users to move away from the base, to a device that can do much more than make and receive phone calls, mobiles have become popular with the Gen Y. Mobile banking or mobile money as it is popularly known, has become the medium of choice for many banks and their customers. According to the Global Mobile Money Report 2015, although the biggest obstacle to the growth of mobile banking is trust, there is no doubt that mobile banking is booming. Let us try and understand the latest trends in mobile money: http://suyati.com/mobile-banking-mobile-money-trends/