Banks, credit card companies and online payment firms are overtaking mobile operators and telco consortia as the predicted future leaders of the m-commerce revolution, according to research from SAP.
I promise that I hadn't read this article when I wrote, "Forget about fearing them, savvy banks will simply bypass TELCOs to maintain their leadership in financial services." in this Finextra post!
Banks Have Nothing To Fear From TELCOs
You are not the only one - I have been decrying the Hype around Mobile Operators becoming the leaders in mobile payments and complementing banks with mobile products such as Barclays/Simpay - I learned that Mobile Operators really dont have what it takes
as i spent some time working on the doomed Simpay project..... Juniper research got it wrong for years.
CompetitiveNew York City, NY (USA)
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