re: FIS Rolls Out New PFM-Based Mobile Solution
I think this is a good move for a vendor. It's important to recognize how competition is driving the mobile space. For instance, brick and mortar retailers would be happy to hop on a mobile payments solution that could actually improve the purchasing experience because those retailers need to compete with the seamless online shopping experience that Amazon and others provide. The same is true in financial services. Banks need to compete with the customer experience of Simple, PayPal and other innovative players.