Comments
Should A Bank Outsource Its Mobile Strategy?
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Greg MacSweeney
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Greg MacSweeney,
User Rank: Author
8/20/2013 | 11:37:01 AM
re: Should A Bank Outsource Its Mobile Strategy?
Developing a great mobile product is difficult and is an ongoing process. Not only do smaller banks have to compete with larger banks who have been developing mobile apps for years, but they have to find the IT talent to develop the technology. And right now, experts with mobile technology are demanding a premium.
Natalia.
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Natalia.,
User Rank: Apprentice
8/19/2013 | 1:36:14 PM
re: Should A Bank Outsource Its Mobile Strategy?
Absolutely agreed. I don't even think that development should be outsourced though, because you never know what sort of exploitable bugs could be in the code that could be used, sold, etc., with the risk being much smaller if it was purely in-house. It seems to me that far too often, companies and individuals are sacrificing security for speed and convenience. And for what?
xcubelabs
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xcubelabs,
User Rank: Apprentice
8/16/2013 | 10:14:19 AM
re: Should A Bank Outsource Its Mobile Strategy?
For security reasons, specially banks.... they should have their own mobile strategy. If they want to outsource the development work, then its OK... but maintenance work should be done in-house by the bank!!
piter11
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piter11,
User Rank: Apprentice
6/10/2013 | 10:32:57 AM
re: Should A Bank Outsource Its Mobile Strategy?
I am agree with Jonathan Camhi.He is talking absolutely right and we have to cope with all modern techniques like the upgraded countries use.Normally people are attracted to new techniques and we have to go with this flow.That's why in my opinion the work should done with outsource if you haven't enough man power.Eventually it will reduce your cost also.

Hope you will agree with me.
Jonathan_Camhi
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Jonathan_Camhi,
User Rank: Author
6/7/2013 | 2:24:09 PM
re: Should A Bank Outsource Its Mobile Strategy?
The pace of innovation is really difficult for smaller banks to keep up with today, and they can't compete with the bigger banks if they can't keep up with that pace. They'll lose customers every time another big bank comes out with a shiny new innovation that draws the public's attention (like mobile RDC did). I've heard several stories though of community banks releasing new technologies to their customers before the bigger banks got around to it, almost always with the help of a vendor.


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