Wireless carriers, money-transfer vendors, and other stakeholders are poised to bring mobile banking services to North America’s unbanked.
This is Part 2 of a two-part series by Gary Schwartz exploring the opportunity to service the large unbanked and underbanked population in North America through innovative new banking services. Part 1 discussed the need for “mobile wallets” in North America, and how they could benefit lower-income communities in the same region. Part 2 takes a closer look at the stakeholders that are poised to offer mobile banking services.
