The antagonism between tech companies and banks in the payments market is turning toward alliance. Digital giants and fintech startups supposedly poised to gobble up bank customers and the defensive banks commonly considered blind and slow are finally seeing the mutual benefit of collaboration. Although warnings for banks to go digital and mobile are still dire, and predictions … [Read more...] about Why and How Banks Collaborate with Digital and FinTech Companies
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Who Loses in the Mobile Payments Game?
As with any industry in the midst of disruption, the payments industry has been receiving a lot of attention by the tech media. Discussions of mobile payments firms and technologies generally end up speculating on who will “win.” Will it be Amazon? What about the major card issuers? Or PayPal, the previous disruptive force “fighting to stay relevant,” in the words of one … [Read more...] about Who Loses in the Mobile Payments Game?
MOBILE PAYMENTS: Desire, Fear, and Other Commercial Conundrums
Mobile commerce is still an emerging market in search of itself, with both the boosters and skeptics commenting in recent weeks. The swirl of news and surveys illustrates the tensions between tradition and innovation that mark the new-technology dance of entrepreneur demand creation and consumer desire fulfillment. A Big, Fat Cloud In a study that articulates demand for mobile … [Read more...] about MOBILE PAYMENTS: Desire, Fear, and Other Commercial Conundrums