Mobile Banking: Why VeriFone Systems Inc. (NYSE: PAY) is Positioned to Win
December 17, 2010 at 05:00 AM EST
With the emergence of handset-driven e-commerce technology, banks, mobile-phone sellers and telecom-service providers are working feverishly to cook up a profitable recipe for the fast-growing mobile-banking business. But with so many players setting up shop - and so many potential new mobile-payment services on the menu - the safest profit play for investors may be the one that's able to deliver all these services to end -users. And we've identified a clear early leader. For insight on the early leader in this new market, please read on...