Being Relevant in the Age of Mobile Payments

With mobile payments predicted be a $670 billion industry by 2015, what will banks need to do to tap into the vast potential of mobile payments?  Here is an interesting article that indicates the banking industry is at a crossroads with mobile technology. They can either choose to be at the forefront with the mobile evolution or simply be a conduit for the payment system. The article indicates leaders in the mobile payments systems will be those who can add the most value and can be trusted with the most important of data – money. Sounds like the perfect role for banks. How will your bank go mobile?

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