Question - Research the growth and scope of new mobile banking technologies in the last five years.
Respond to the following questions in a paper of approximately 3 pages.
- What are the primary uses that banks see among customers for mobile applications and why are some more popular than others?
- What are the key barriers that customers raise in the use of mobile applications and how are financial institutions trying to overcome them?
- Compare and contrast the advantages and disadvantages of payment methods such as PayPal and Apple Pay with proprietary mobile applications connected to traditional financial institutions.
Format your paper using APA Style guidelines. Include a minimum of two sources.