‘Game of Phones: The Giants’ Power Plays in Mobile Payments’ examines the current state of play in mobile payments and draws out the most significant factors for banks to consider when defining their mobile payments strategy. It investigates possible steps that the banks can take to stay relevant to customers, and explores why it is
A user-centric approach which allows executives to choose their own device is fundamental to a bank’s success in mobile corporate banking services and should be a key component in every bank’s omni-channel strategy. This is the view expressed in the latest white paper published by Mobey Forum, the global industry association empowering banks and other
Cignifi, whose proven big data engine uses mobile phone data to deliver consumer credit and marketing scores, announced an agreement with the International Finance Corporation (“IFC”), a member of the World Bank Group, aimed at expanding the delivery and usage of mobile financial services in Uganda. Specifically, Cignifi will be working with the IFC to
Extending the benefits of electronic payments to people who have been financially excluded is especially important in Africa, where less than a quarter of adults have a financial product or bank account with a formal financial institution, and about 90% of all consumer payments are conducted in cash. Traditional bricks and mortar banking infrastructure needed
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