Mobile wallets are a payment threat for financial institutions

Consumers want mobile payments. Mobile wallet usage has been rising steadily among consumers. For many, it’s more convenient than having to use cash or even a credit or debit card.

Source: www.jacobsclevenger.com

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Kenneth Carnesi holds a Juris Doctor degree from New York Law School and a Professional Certificate in International Banking from Harvard Law School. Kenneth Carnesi is the Director of Operations and Government Sales at Anaptyx LLC and sits on the Boards of The Lazarus Organization, Monkeetech LLC and MG Madison Phillips, Inc. Mr. Carnesi has also founded CICG - Carnesi International Consulting Group, a company specializing in strategy consulting to small to mid-size businesses.

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