Everybody wants to talk about mobile banking and payments. And no wonder: the heady combination of increasingly sophisticated mobile devices, banking services and payment options offers banks the opportunity to gain market share, tap into new revenue streams and reduce their overall cost to serve customers. 

One of the biggest challenges Canadian banks will face will be the inevitable transformation of the supply side of payments; managing authentications, processing credentials and facilitating their distribution as these will all change significantly under new mobile payment models.

Down the full report to find out how: 

  • Banks are navigating the technology maze
  • Leading banks are developing their business strategy for retail
  • Corporate mobile services are emerging 
  • Banks are developing their mobile solutions.

Click here to access the report.

About KPMG LLP 

KPMG LLP, the audit, tax and advisory firm (kpmg.ca), a Canadian limited liability partnership established under the laws of Ontario, is the Canadian member firm of KPMG International Cooperative (“KPMG International”). KPMG International’s member firms have 140,000 professionals, including more than 7,900 partners, in 146 countries.

The independent member firms of the KPMG network are affiliated with KPMG International, a Swiss entity. Each KPMG firm is a legally distinct and separate entity, and describes itself as such.

KPMG’s Canadian Web site is located at http://www.kpmg.ca/ 

© 2011 KPMG LLP, a Canadian limited liability partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.