Mobile payments leading the threat to bank profits

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According to research from Accenture, non-banks could steal one third of traditional revenues by 2020 – with mobile payments leading the attack. But MasterCard and Visa’s announcement to support HCE is a game-changer that may protect banks’ outlooks.

To explore in detail the battle for the future of payments, read Open Mobile Media’s exclusive white paper including in depth research, analysis and survey responses from over 250 mobile payments experts.

The 13-page whitepaper helps you define and evaluate the most lucrative areas in payments. It addresses the biggest issues in Mobile Payments in Europe, in order to make sure your business plan is on trend and ahead of the game.

It is interesting to note that fewer than one-third of respondents believe NFC will become the technology of choice for mobile payments. What does this mean for recent HCE announcements?

Access your complimentary 13 page white paper here 

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