Dear Subscriber,

In this issue of the PaymentEye e-newsletter Clare Grant, GM of Red Hat Mobile, explains how changing consumer trends on mobile are forcing financial institutions to examine their banking and payments processes.

This week there have also been further developments in the world of mobile retail, including the news that millennials would be willing to donate to charities through apps, and statistics showing how the mobile payments market might develop in the future.

We hope you enjoy the issue.

As more consumers view their smartphone as the first point of contact with their bank, it’s important for retail banks to maintain customer loyalty and adopt new services.

The facts on how mobile device adoption continues to accelerate, and how payments can benefit from this.

New research by Moneymailme shows that 72% of 18-25 year olds would use mobile apps for charity giving.