Consider the evolution of the digital wallet,
which is rapidly just becoming ‘the wallet’.
Digital wallets – typically housed within
a mobile phone – are now at the core of
a battle between traditional financial
services providers and disruptors. They give
consumers a fast, secure, low-cost method to
use, store and send money over the Internet.
It is a service they value as well as a frontdoor
to many lucrative bank offerings.