LONDON, UK, SIOUX FALLS, USA and HONG KONG, CHINA (August 29, 2013) -- The ATM Industry Association today released a new white paper outlining the strategic options for traditional FIs facing the rise of mobile payments in the evolving Apps-based economy. This white paper presents various strategic options for FIs facing potentially “disruptive” competition from non-bank players.
In today’s digital economy, mobile technology and a range of innovative Apps have spurred on a phenomenal growth of m-payment and m-commerce. Amidst the hype about m-payments and its deflated interest owing to a lack of standard for implementation, regulation and inherent fraud risk, it remains true that traditional FIs have to evaluate and embrace the right e-service delivery model aligned to their strategic intent in a bid to best position themselves to offer secure, sensible and scalable m-payment services to their clientele.
ATMIA’s new white paper offers an industry perspective on responding to this new financial services environment.
You can read this white paper and several others in ATMIA’s white paper library.
For more details contact Peter Poon, Asia Executive Director at peter.poon@atmia.com.
ABOUT ATMIA
The ATM Industry Association, established in 1997, is a non-profit global trade association with approximately 3,700 members in 60 countries. As an independent, non-profit trade association, our mission is: to promote ATM convenience, growth and usage worldwide; to protect the ATM industry's assets, interests, good name and public trust; and to provide education, best practices, political voice and networking opportunities for member organizations.
If you wish to join, please contact a member of the ATMIA team.