{"id":6804,"date":"2017-09-30T10:23:34","date_gmt":"2017-09-30T10:23:34","guid":{"rendered":"http:\/\/bulletins.bfconsulting.com\/?p=6804"},"modified":"2018-08-14T11:04:49","modified_gmt":"2018-08-14T11:04:49","slug":"banks-need-to-develop-their-own-mobile-wallets","status":"publish","type":"post","link":"https:\/\/bulletins.bfconsulting.com\/en\/banks-need-to-develop-their-own-mobile-wallets\/","title":{"rendered":"Banks need to develop their own mobile wallets"},"content":{"rendered":"<p>Mobile wallet use is growing. Most consumers (65%), however, want one payment application on their phone, and most would prefer that that application be from their bank. This presents a great opportunity for banks to stay relevant and engaged with clients by meeting their unique needs and offering a trusted and secure payment application. Banks, however, need to act now to capture this market and work hard to ensure that mobile wallets work as expected, offer unique controls to clients and have proper routes to avoid false negatives resulting in a declined payment.<\/p>\n<div class=\"rpbt_shortcode\">\n\n<div id='rpbt-related-gallery-1' class='gallery related-gallery related-galleryid-6804 gallery-columns-3 gallery-size-thumbnail'><figure class='gallery-item' role='group' aria-label='FinTok: How TikTok Is Being Used to Push Financial Awareness'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/fintok-how-tiktok-is-being-used-to-push-financial-awareness\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2023\/07\/b9a63f5b-e652-2eec-cfcb-73758f3b09611-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-17232\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-17232'>\n\t\t\t\tFinTok: How TikTok Is Being Used to Push Financial Awareness\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='PayPal to purchase fraud detection startup Simility'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/paypal-to-purchase-fraud-detection-startup-simility\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2018\/11\/paypal-to-purchase-fraud-detection-startup-simility-150x150.png\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-11578\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-11578'>\n\t\t\t\tPayPal to purchase fraud detection startup Simility\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='The 5 Budget Apps and Personal Finance Tools'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/the-5-budget-apps-and-personal-finance-tools\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2019\/09\/the-5-budget-apps-and-personal-finance-tools-150x150.png\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-13714\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-13714'>\n\t\t\t\tThe 5 Budget Apps and Personal Finance Tools\n\t\t\t\t<\/figcaption><\/figure>\n\t\t<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>Mobile wallet use is growing. Most consumers (65%), however, want one payment application on their phone, and most would prefer that that application be from their bank. This presents a great opportunity for banks to stay relevant and engaged with clients by meeting their unique needs and offering a trusted and secure payment application. Banks, &hellip;<\/p>\n","protected":false},"author":7,"featured_media":6805,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10,16],"tags":[35,70],"_links":{"self":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/6804"}],"collection":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/comments?post=6804"}],"version-history":[{"count":1,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/6804\/revisions"}],"predecessor-version":[{"id":6806,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/6804\/revisions\/6806"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/media\/6805"}],"wp:attachment":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/media?parent=6804"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/categories?post=6804"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/tags?post=6804"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}