Latest white paper assesses the power plays, business models and strategic options for banks as MPOS evolves beyond its sole trader roots 26 November 2013 – Banks and financial institutions globally need to develop mobile point of sale (MPOS) strategies now, as major high street retailers begin to use MPOS solutions to reinvent their in-store…
Mobey Forum’s members have pushed the topics of MPOS for this whitepaper beyond the traditional ‘dongle plus smartphone’ innovation to look at surrounding issues of interchange models, payment service provider models, networked commerce and the merchant / customer relationship. Following Mobey Forum’s tradition, we have woven these complex topics together and offer a framework at…
This paper describes, explores and assesses a variety of strategic options for banks and financial institutions relative to mobile wallet technology. It contends that the number, strength and diversity of stakeholders present in the mobile wallet ecosystem requires banks to adopt a very different approach from that which they have become accustomed to. It asserts…
US Bank is adding the Western Union Money Transfer services to US Bank customers via online banking and mobile banking, making US Bank the first bank in the country to seamlessly integrate the Waster Union global money transfer capability to its mobile banking application. The bank’s mobile banking customers will find the Western Union logo…