The Rise Of The Smartphone Means The End Of Mobile Wallets From Carriers And Banks

 A cycle starts when hype of a technology leads to big investments in that technology, which in turn creates more hype. Real-world use of the technology by customers can get lost in the cycle. Investors and vendors in the fintech industry have heaped plenty of hype on “mobile wallets” — products, often built by wireless carriers and banks, with a stored value of money accessed… Read More