Caribbean market waiting for connectivity
Overview by John Walton, Managing Director, Gresham Computing Inc, Canada We are bullish on smartphone banking globally. Two broad uses are internet banking apps and mobile payments. These services are still immature, however they are consolidating around the telecom providers (M-PESA), for example, provided by Safaricom in Kenya as well as the established financial oligopolies like those found in the G7 countries. There is a battle taking place between these and other providers; the telecoms
