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.
NewNet Communications Technologies
NewNet Communication Technologies, LLC provides software and services supporting innovative mobile multimedia content delivery, secure transaction processing, and wireless network infrastructure to leading telecom operators worldwide.
NewNet solutions are installed in major carrier networks in over 70 countries, powering a broad range of revenue generating applications and services. NewNet’s products and services enable carriers and telecom equipment manufacturers to enrich the mobile subscriber’s experience.
NewNet is headquartered in the USA, with sales and support teams located around the world.
More information: NewNet Communications Technologies
