Abstract:
The financial services industry has been completely transformed by the quick development of mobile banking, which offers millions of consumers worldwide a safe, easy, and convenient platform. This research paper uses secondary data from industry reports, case studies, and scholarly papers to examine the development, evolution, and status of mobile banking. It looks at the factors that influence the uptake of mobile banking, technological advancements, security issues, and the socioeconomic effects of mobile banking. The study also examines how mobile banking has improved financial inclusion and highlights the industry's prospects and obstacles; especially as financial services adjust to a digital-first economy
