The lucrative business that could flow from mobile banking is one cash cow that profit-starved US banks don’t need to nickel-and-dime customers in order to milk.
A new study by Aite Group shows that banks that ramp up their mobile services to small business — an untapped market of businesses generating less than $20 million in annual revenues — could reap major rewards.
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Why Banks Should Offer Mobile Banking to Small Businesses
Feb 24, 2014
