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Mobile Money and U.S. Check Cashing Companies – Perfect Marriage for the Underbanked?

Author: Mark Beccue, Senior Analyst, Mobile Services

Published: 10 Nov 2009

It has been widely prophesized that, in developed markets, mobile money services are a way of attracting the “underbanked” and the “unbanked” to banks. Are companies that serve unbanked consumers today in a prime position to grow their business with the unbanked and even potentially entice customers away from banks by leveraging mobile money capabilities?

The full text of this Insight is available to subscribers of the Mobile Money & NFC Research Service.

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