Banks line up behind by Visa digital wallet platform

Vaux: payment boundaries blurring

With three named banks lined up as pilots – RBS/NatWest, Bank of America and BBVA –and others in the pipeline, the by Visa digital wallet is being positioned as the platform on which banks can create an e-commerce infrastructure that will appeal to consumers and retailers across a variety of platforms.

Visa study finds banks back in mobile money race

The unbanked don't save - they store money for a purpose

Financial services firm Visa has carried out a study of the mobile money deployments in six emerging markets to find out how providers can generate high registration rates as well as high active usage in their target markets.

The good news for banks is that the study found that they are in the race with the mobile network operators, contrary to popular belief.