Mobile phones have increasingly become tools that consumers use for banking, payments, budgeting, and shopping. Given the rapid pace of developments in the area of mobile finance, the Federal Reserve Board began conducting annual surveys of consumers’ use of mobile financial services in 2011. This 78-page report, “Consumers and Mobile Financial Services” (March, 2015) examines trends in the adoption and use of mobile banking, payments, and shopping behavior and how the emergence of mobile financial services affects consumers’ interaction with financial institutions.
Monitise
Monitise plc (LSE: MONI.L) is a technology and services company delivering mobile banking, payments and commerce networks worldwide with the proven technology and expertise to enable financial institutions and other service providers to offer a wide range of services to their customers in developed and emerging markets.
As a British company, Monitise has a global reach. Today, we provide services to more than 300 financial institutions, have more than 15 million users worldwide and have strategic partnerships with Visa Inc., Visa Europe, RBS Group and FIS to develop and deliver Mobile Money services.
With live operations in the UK, the US, India and Africa, we are working with international partners to extend trusted and secure mbanking, mpayment and mcommerce solutions in territories worldwide.
More information: Monitise.