The Emergence of Mobile Finance: what it means for you and your community.
The majority of financial payments have switched from paper checks to electronic payments. For more than a decade, people have managed bank accounts and paid bills online using home computers. The emergence of mobile phones has expanded the use of mobile devices for managing money (e.g. using a mobile device to access a bank account, credit card account, or other financial account to make payments, check balances or transfer funds).
This brief and conversation will summarize the Survey of Consumers and Mobile Financial Services and address topics educators may find relevant for their learners based on the emergence of this technology.
|Issue Brief: The Emergence of Mobile Finance: what it means for you and your community. mp3 file*: The Emergence of Mobile Finance
(conversation on 2/17/2014)
Consumers and Mobile Financial Services, March 2012,
prepared by the Consumer Research Section of the Federal Reserve Board’s Division of Consumer and Community Affairs (DCCA).
*Listen now or download the audio file to an mp3 player for later listening by following the steps on this tip sheet: Adding Podcasts to iPods