Report now available
Financial institutions are earmarking most of their innovation budgets to develop their mobile offerings. In fact they are investing more in mobile than the other hotly discussed technologies in financial services today, such as blockchain and bitcoin. Banking on Mobile: Solving the equation of phone-based payments addresses the key questions facing banks and payments providers as they strive to innovate in this fast-moving space:
24 detailed case studies from around the world
The report concludes with profiles of financial services providers that have faced many of these issues around mobile and have performed better than their peers. The case studies are global in scope and show the potential for delivering all kinds of financial services from payments to savings and lending including new ways of using data for credit scoring, financial education, financial inclusion, personal financial management along with a variety of rails including QR codes and the offerings from the different 'Pays', plus bank-led efforts to develop easy-to-use national schemes which the Nordics have excelled at. The case studies don't neglect the fact that millions in the developing world rely on feature phones.
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