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Future of mobile banking, mobile payments - smart phones growth strategy

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Futurist Keynote Speaker: Posts, Slides, Videos - Future of Banks, Mobile Banking, Insurance,Finance

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Future of banking and mobile payments growth, replacing cheques, bank cards, cash cards and credit cards.

Growth in use of smartphones in ecommerce, in retail transactions and wireless payment systems in shops, shopping malls and other stores. How mobile payment systems will transform back-end processing and turn mobile phone companies into banks.

Future of banking, financial services and telecommunications. Changes in consumer behavior, customer choice and financial industry regulation. Telecom industry will become banks, and banks will become phone companies. Convergence of retail, financial services, insurance, phones and other mobile devices. Competition from paypall and online payment systems. Contactless payments using wireless RFID technology in phones and smart cards. Growth of m-commerce and also paradoxically in use of physical cash by people who like privacy, data protection and anonymous purchases of goods and services. Future payment systems will be instant, highly secure using biometrics to validate identity, and strong encryption of personal data. Patrick Dixon is a conference keynote speaker on future of banking, and future of telecom, phone industry. Video of keynote to Femsa.

http://www.youtube.com/v/-C4Or7YWIug


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