9. The Potential of Mobile Wallets
I'm very surprised that banks don't connect the dots between the card-issuing side and the digital wallets side. A lot of the banks sold their merchant acquiring business a while ago, or they view it as a separate business. But if you look at most mobile payments solutions, they have a merchant acquiring business side, like Square. It has the potential to be a mobile wallet.
- Gwenn Bezard, co-founder and research director at Aite Group.
Bryan Yurcan is associate editor for Bank Systems and Technology. He has worked in various editorial capacities for newspapers and magazines for the past 8 years. After beginning his career as a municipal and courts reporter for daily newspapers in upstate New York, Bryan has ... View Full Bio