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.
Verizon’s Ryan Huges to Join Isis Mobile Commerce Network
Verizon Wireless VP of business development Ryan Hughes is leaving his position at the largest wireless carrier in the US.
Hughes has opted to come on board as chief marketing officer for Isis, the upstart mobile commerce network.