Mobile Banking Industry Awaits Enhanced Regulation

Thursday, June 16, 2011 - Dubai

Publication: Alrroya Aleqtissadiya

The mobile phone has officially entered into the electronic transactions domain in the UAE. That after some banks in the country recently launched new unique mobile payments services.

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Luup is a leader in mobile payments solutions and provides business strategies that enable organisations to transform the way financial services are delivered. Luup combines a highly experienced team with innovative technology, giving customers access to new cost-saving and revenue-generating solutions. The company devises strategies for financial institutions such as Deutsche Bank Global Transaction Bank, MoneyGram International and leading UAE bank, the National Bank of Abu Dhabi. Luup has been developing and operating mobile payments solutions since 2002. For additional information visit the Luup website.