Digital Banking Summit 2014, formerly known as Mobile Banking Summit, is presented by
|Capitalizing on the Lessons of the Mobile Wallet|
Tues. June 3 4:45 – |
Banks may not be seen as leaders in the mobile wallets space, but the market has learned some valuable lessons based on consumer behavior and the initial rollouts of mobile wallets and other mobile-based commerce solutions so far. Banks can be positioned to capitalize on the 1 to 1 relationship mobile presents for cross-selling, payment and commerce opportunities. Any bank can generate revenue, prevent attrition and drive retention via a mobile offering. At the same time, Google, PayPal, Isis and others (including Apple) are actively recruiting and enrolling customers in their mobile wallet programs. And by enrolling customers in their mobile wallet, these players are stepping between banks and their customers - and all of their valuable transaction data. What lessons can banks take from initial mobile wallet forays so far, and how can they get moving to prevent being disintermediated?
Paydiant is the provider of a cloud-based, white label mobile payment, cardless ATM access, offer redemption and loyalty platform that enables merchants, banks, and payment processors to deploy and manage their own mobile payment and ATM access solutions under their own brand and on their own terms. Based on a patented, cloud-based transaction processing platform, the Paydiant solution enables the key stakeholders in the payments value chain – retailers, banks and payment processors – to control the next generation of payment solutions. Visit www.paydiant.com for more information about the Paydiant solution and follow us on Twitter @Paydiant.
Tim WalshWalsh Group Marketing for Paydiant 617.512.1641 email@example.com