Mobile operators as banks or vice-versa? and: regulators interest in the best efficiency for payments
Abstract
This paper addresses the strategic challenges of deposit banks, and payment clearinghouses, posed by the growing role of mobile operators as collectors and payment agents for flows of cash for themselves and third parties. Through analysis and data analysis from selected operators, it is shown that mobile operators achieve as money flow handlers levels of efficiency, profitability,and risk control comparable with deposit banks. Furthermore, the payment infrastructures deployed by both are found to be quite similar, and are analyzed in relation to financial profitability, strategic challenges and opportunities. This paves the way to either mobile operators taking a bigger role,or for banks to tie up such operators to them even more tightly,or for alliances/mergers to take place,all these options being subject to regulatory evolution which is analyzed as well . The consequences are mapped out in operational and regulatory terms
Keywords
Cite
@article{arxiv.1308.2940,
title = {Mobile operators as banks or vice-versa? and: regulators interest in the best efficiency for payments},
author = {L. F. Pau},
journal= {arXiv preprint arXiv:1308.2940},
year = {2013}
}
Comments
COST 605 Workshop, Paris, 2008 http://www.cost605.org/docs