Whatever ground banks lost to FinTechs in the past, they can gain it back in 2018—and then some—through promising new partnerships.
Banks don’t have to keep giving away mobile banking services for free; under a ‘fair value exchange’ approach, they can actually charge for value provided.
Full speed ahead – but proceed in stages – is the best approach for financial institutions to take in building their mobile banking capacity.
With the coming launch of his Movenbank venture, Brett King intends to prove that banks can replace branches with all-digital service delivery.
Mobile bill payment can be the stepping stone to consumer adoption of mobile bill payments at the point of sale while keeping banks at the center of those transactions.
To avoid an also-ran status in the mobile banking derby, bankers should focus on strategy, vendors and internal expertise.
The rapidly changing mobile landscape requires continual updating of categories and definitions.
Treating tablets as more than just giant cell phones and delivering greater functionality tailored to them will drive broader consumer adoption.