Six Things That Will Change the Future of Payments

In the article, Karen correctly points out that the banking industry is being disrupted by non-traditional players who don’t have the legacy systems, practices or trusted infrastructure that financial institutions have spent years refining, and asserts that FIs must defend and extend their position as the guardians of the consumer’s hard-earned cash, a viewpoint that Monitise fully supports.

Karen also details other perspectives that Monitise shares (and is well-positioned to capitalize upon): “Mobile blurs the on and offline worlds, making it possible for everything with a physical component to have an online component” and “ [mobile] will change retail (…) in ways that we are just starting to see, at both the consumer level and at the store operations level.”

Read more at PYMNTS.com

Six Things That Will Change the Future of Payments

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