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.
Multicard Partners With Rabobank and Royal Dutch Hockey Federation to Promote Mobile Payment Solution in Holland
Multicard, a leading supplier of credential solutions, identity management, and system integration services and a business unit of Identive Group, Inc. (Nasdaq:INVE) (Frankfurt:INV), announced today that it is partnering with the Dutch financial services company Rabobank and the Royal Dutch Hockey Federation (KNHB) to kick off the first consumer campaign promoting its Cashless Betalen™ mobile payment solution. The organizations will demonstrate and market the solution at the prestigious international hockey tournament known as the Rabo FIH Champions Trophy, which takes place from June 25 through July 3 at the Wagener Stadium in Amsterdam. [Read more…]