Details

Industry: Financial Services, Retail Banking
Type: White paper
Date: 7/12/2011

Monetizing mobile: How banks are preserving their place in the payment value chain

Everybody wants to talk about mobile banking and payments. And no wonder: the heady combination of increasingly sophisticated mobile devices, banking services and payment options offers banks the opportunity to gain market share, tap into new revenue streams and reduce their overall cost to serve customers.

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Monetizing mobile: How banks are preserving their place in the payment value chain (1.4 MB)

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Download the full report to find out how:

Mobile banking is becoming mainstream – both retail and commercial are rapidly deploying an array of mobile banking solutions;
Banks are navigating the technology maze – technology is both an enabler and barrier to the widespread adoption of mobile payments;
Leading banks are developing their business strategy for retail – without a strong and flexible strategy, banks may miss out on the rapidly emerging opportunities;
Corporate mobile services are emerging – commercial banks are showing a growing interest in leveraging mobile as a differentiator and a revenue generator; and
Banks are developing their mobile solutions – no two banks will approach the field in the same way, but our spectrum looks at three distinct points in the evolution

Case studies from global banks:

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We encourage you to contact your local KPMG member firm, or email banking@kpmg.com to talk to one of our mobile banking specialists.

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