Ted Bissell, a mobile business expert at PA Consulting Group is quoted in an article in the Financial Times as part of a special report on sustainable banking & finance. The article looks at financial services in remote areas, in the developed world.
Banks have had a real opportunity to reach remote customers with the growth of the internet and the mobile phone. Ted explains why contactless payments are forecast to grow: “The replacement cycle for mobile devices is quite short so the mobile operators can roll out innovations very quickly.”
You can read the article in full here.
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