“Gang of Four” faced with challenges in the mobile commerce industry

Mobile Commerce

Mobile commerce gaining ground, putting traditional financial firms on alert Traditional finance institutions, such as credit companies and banks, are beginning to feel the pressure of a new form of commerce that is gaining momentum around the world. Mobile commerce is quickly becoming a powerful force in the financial industry. This form of commerce is supported heavily by aggressive investments from some of the world’s largest technology companies and their continuous development of NFC technology. These companies have been highlighted by Javelin Strategy & Research, a market research firm, in…

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