Banks at a crossroads: Build or buy mobile payment apps

Image Source: Article

Image Source: Article

Commerce has evolved over the 10,000-plus year history of society. The Internet age introduced online banking 20 years ago and now 80 percent of bank consumers in the developed world are using it. In addition, in the span of just the past four years or so, mobile banking has grown to 52 percent of smartphone owners. And now, mobile payment applications have taken the market by storm and are the hottest area in commerce today. 

Read the full article