Opportunity calls: An update on the evolution of mobile payments
The escalation of mobile has begun to impact financial services (FS) companies, and is changing the way we think about payments. While a dominant player has not yet emerged, and consumers have still not widely adopted mobile payments, new developments have occurred, providing a glimpse of the future. Today, we have identified four themes - technology, adoption, competition, and non-traditional opportunities - that impact the evolution of mobile payments and shape how players should respond.