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US mobile P2P payments start to gain traction
Mobile P2P payments in the US are booming with consumers sending each other billions of dollars through (some) digital apps. Last week, JP Morgan Chase announced it will follow suit... more
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Australian Banks partner for mobile P2P payments JV – Beem
Three of Australia’s largest banks, The Commonwealth Bank(CBA), National Australia Bank (NAB) and Westpac have partnered to create a new mobile P2P payments platform, named Beem. In the wake of their battle with Apple Beem is an apparent bid to compete with new companies entering the finance sector. Beem is designed to allow customers to have a digital wallet [...]
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Increasing adoption of mobile P2P payments
In a recent primary consumer research it highlights a rapid increase in adoption of mobile payments, and specifically in mobile P2P payments. Based on a survey of 1,279 smartphone users conducted in December of 2015, results suggest that trial and adoption are accelerating quickly—and that being a fast follower in this space may not be enough [...]
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