As 2019 really gets down to business, it's once again time to look ahead and see what lies in store for mobile financial services over the coming year.

At the beginning of 2018, we focused on the impact of virtual currencies on international remittance, how GAFA (Google, Apple, Facebook, and Amazon) are driving mobile payments, and on the proliferation and growing impact of chatbots and robo-advisors.

Twelve months later, we're now witnessing new entrants joining the party, something you can read about in our latest e-book, '2019 starting lineup for MFS: the hottest trends & biggest opportunities in store for mobile financial services.'

One of this year's most exciting trends in MFS is 'open banking', which employs open APIs to enable third-party developers to build applications and services around the financial institution. The trend is slated to profoundly impact the scope of mobile banking usage worldwide. According to McKinsey, this will bring benefits that include improved customer experience, new revenue streams and a sustainable service model for underserved markets. In our e-book, we also cover this, plus two other powerful trends, together with the opportunities and challenges for both financial services institutions and payment providers as a result.

So what do you think will be the biggest trend for mobile financial services in 2019?

For all the stats, facts, and insights, check out our e-book.

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Amdocs Ltd. published this content on 29 January 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 29 January 2019 07:48:01 UTC