Fifteen years ago, the latest mobile phones allowed us to make calls on the move, play simple games and text-message our friends. Today, we can use them to access the Internet, make video calls, take photos, find our location on a map, buy transport tickets and even for banking, among many other applications. Mobile technology and mobile banking are innovating and evolving at a dizzying pace. However, for all the market’s dynamism, and individual players’ clamouring for proprietary advantage, there is a need and place for standards. ISO is busy learning from the past and building for the future, determined to develop a successful standard for mobile financial services, ISO 12812.