US financial institutions wary of investing in mobile payments
"Most American financial institutions have clear-cut strategies for mobile banking but say the market will need to mature further before they make any sizeable investments to support mobile payments, research from financial services technology provider Fiserv reveals."
Banks May Find Holding Back On Mobile Payments Costly
"Financial institutions that are taking a “wait-and-see” approach to mobile payments risk falling behind early investors as the market begins to take shape, concludes a whitepaper from Fiserv Inc. For its research, the Brookfield, Wis.-based technology company commissioned independent research firm Forrester Research Inc. to survey by phone 15 executives from major U.S. banks and credit unions in October."
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