New group will analyse key factors driving transformation and explore how banks can adapt their business models and go-to-market strategies 23 September 2020 – Mobey Forum, the global industry association empowering banks and financial institutions (FIs) to shape the future of digital financial services, today announces the launch of the Payments Expert Group. The Payments Expert Group will…
Hungarian bank Erste has upgraded its Erste MobilePay application for Android phones to include NFC functionality, enabling customers to use their phones for contactless payment. The service is available with Mastercard and Maestro-branded bank cards and was introduced on 7 May. It is being extended to Visa cards from June. More than 10,000 customers are expected to…
By Sirpa Nordlund, Executive Director, Mobey Forum As Apple and the other handset giants turn their attention to financial services through the launch of their various ‘Pay’ solutions, will banks face a similar fate to that of the music industry, which Apple revolutionized with the iPod and iTunes? Are their business models under the same…
By Sirpa Nordlund, Executive Director of Mobey Forum What a difference twelve months can make. Industry conversations at last year’s Mobey Day, (Mobey Forum’s annual open conference for all mobile money stakeholders) told of an industry undergoing major disruption. At this year’s event in October, the industry vibe had changed almost beyond recognition, particularly in…