Traditional Banks must win the battle of the "mobile wallet" to keep interchange revenue, which is a quarter of some institutions' non-interest income. However, On the other hand, they must also cater to consumers' growing interest in P2P payments, which…
A couple of months ago, Business Insider published an amazing article by Alex Morrell on check cashing that is well worth your time to read: An Ivy League professor who spent four months working in a South Bronx check-cashing store says…