MNOS MUST DEVELOP M-BANKING PRODUCTS

摘要

Mobile operators and banks must develop new product offerings if they are to succeed in meeting the demand of a projected one billion mobile phone users with m-banking experience in 2017, according to a new report. "There are mutually beneficial opportunities to collaborate and both players must develop new product offerings which are secure, fast and easy to use," said Nitin Bhas, report author and senior analyst at juniper Research. Specifically, Bhas believes the two players need to create more interoperable ecosystems and explore and integrate common functionalities. "Mobile banking and payments are merging into one platform," explained Bhas.