"Schmidt said that the future of mobile is also the future of banking and finance. 'It is our strategy to encourage the banking community to embrace mobile, it will help bring banking to the millions of unbanked people in developing countries. The work is currently being done by mobile operators – the correct credit card should be your mobile phone. There is so much information and it is much more useful. If you had a mobile banking app that is authenticated and tied to the banking system, for example.'"
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