Mobile Financial Services
The proliferation of mobile phones and changes in the payments industry are affecting all participants in the value chain. The world of merchants, acquirers, switches and card schemes is constantly evolving. New technology like mobile payment and blockchain combined with regulations like PSD2 are playing a pivotal role in enabling this change. Traditional terminal manufacturers find themselves under pressure as (cloud-based) software solutions and especially mobile apps can now provide more value added payment functionality to the end consumer as many traditional financial services companies. As a result of this, independent software vendors (ISVs) that provide payment solutions are thriving like never before.
Over the last ten years we helped many clients around the world to design and launch innovative approaches to participate in the high margins of financial services and created solutions to explore new opportunities.
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mobileVision team members have made some major contributions to a number of mobile financial services initiatives launched in Europe and the US. We also supported some of the most advanced and promising mobile payment and mobile wallet concepts, which focus on addressing real customer needs while reducing complexity. We develop executable strategies, lead proposition and product development, acquire the eco-systems and execute product launch projects.[/ut_alert] [/ut_toggle] [/ut_one_half_last] [/ut_tab] [ut_tab title=”Digital Commerce” id=”t2″] [ut_one_half] [ut_animate_image margin_bottom=”20″ image=”http://www.mobilevision-group.com/wp-content/uploads/2014/06/pic_digital_commerce.jpg” align=”left”] [/ut_one_half] [ut_one_half_last]
Digital commerce is the buying and selling of goods and services using digital channels such as Internet, mobile networks and commerce infrastructure. Digital commerce is in the midst of (yet another) revolution and things are moving faster than ever. The Covid-19 global pandemic pushed digital commerce front and center for both B2B and B2C buyers, driving half of shoppers to buy products they’ve never bought online before, with 70% buying more than usual. While all this excitement means new possibilities, it also comes with the challenge of figuring out just how to proceed.
Traditionally, B2B has been lagging behind more innovative B2C organizations. However the pandemic has been a wakeup call to all businesses to get their digital commerce strategy in order, amplifying the importance of customer experience and customer demands for better online experiences.
We help brands, retailers and B2B companies who want to grow their revenue online while delivering each of their customers a premium, personalized experience.
[ut_togglegroup] [ut_toggle title=”> More about Digital Commerce”] [ut_alert color=”grey”]Digital Commerce – the convergence of mobile, online and in-store commerce – will significantly change consumer behaviour and will transform the traditional retail business into a completely new ecosystem. For the players involved, especially retailers, digitization will become a strategic priority to (1) protect their core business and (2) apply existing capabilities to new areas. In this respect, they will have to address the relevant challenges and opportunities as they unfold at rapid intervals:
- Create a coherent cross-channel thinking and culture to bridge offline vs. online shopping
- Establish seamless commerce by integrating online, mobile and social media components with smart stores
- Generate additional customer benefits through engaging experiences driving customer interaction and loyalty
- Increase customer value, using analytics of real-time consumer behaviour data
- Develop and launch innovative products and sustainable business models
- Optimize and integrate the complex technical and processes for digital commerce innovations (incl. iBeacon, NFC, BLE and QR codes)
Connected devices are transforming an isolated element and single product purchase into a solution and services which generate recurring revenues. The core Internet of Things (IoT) value, however, will be created in the new services related to these devices. And this is just the beginning. Ubiquitous networks and device proliferation enable access to an exploding amount of traditionally silo-ed data; and Big Data engines, business intelligence tools and data science will allow for tapping into totally new pools of value – in real time!
Whether you are a corporation which is enhancing its products with an IoT offering, already a smart product company or a telco or utilitiy, a steady stream of new IoT proposition launches could propel your business dramatically and add to your growth story!
[ut_toggle title=”> Our Competencies”] [ut_alert color=”grey”]mobileVision brings the market and technology expertise, as well as a clear vision for unlocking the mass market potential from IoT.
We are helping our clients, especially smart product companies, telcos, utilities or system providers to mobilize resources and steer the right path within the constantly-shifting industry boundaries.[/ut_alert] [/ut_toggle] [/ut_one_half_last] [/ut_tab][ut_tab title=”Digital Transformation” id=”t4″] [ut_one_half] [ut_animate_image margin_bottom=”20″ image=”http://www.mobilevision-group.com/wp-content/uploads/2014/06/pic_digital_transformation1.jpg” align=”left”] [/ut_one_half] [ut_one_half_last]
It requires a strategic approach to prepare your business for the digital transformation.
A business may take on digital transformation for several reasons. But by far the most likely reason is that they have to: It’s a survival issue. In the wake of the pandemic an organization’s ability to adapt quickly to supply chain disruptions, time to market pressures, and rapidly changing customer expectations has become super critical.
It’s also worth noting that today’s organizations are in different stages on the road to digital transformation. One of the hardest questions in digital transformation is how to get over the initial humps from vision to execution. The COVID-19 pandemic has brought new urgency to meeting digital transformation goals – and forced many organizations to speed up transformation work.
We identify what is needed to transform the traditional business, either by building on new technologies and platforms for entire new businesses or by enhancing the ‘bricks-and-mortar’ business so that new or additional revenue growth can be achieved.[ut_togglegroup] [ut_toggle title=”> Our Competencies & Approach”] [ut_alert color=”grey”]mobileVision’s ‘Digital Readiness and Transformation Audit’ (DigiRTA) is an approach for gaining significant cost savings, new revenues and customer engagement by digital means. It is designed to audit, boost and transform processes in marketing, sales and customer service.[/ut_alert] [ut_alert color=”grey”] DigiRTA – the process
- Audit, further investigations, and choosing ‘low hanging’ and instant projects
- Planning the boost & transformation
- Choosing the strategy & designing the roadmap
- Execution and follow-up
Each of the four phases is valuable in itself, providing concrete benefits. Thus the process can be performed easily one phase at a time. DigiRTA is focused; it is used with each product/concept/idea separately, not with the whole business at once. The combination of our strategy design capabilities, Design Thinking Methodology, and our rapid prototyping approach via our developer eco-system allows us to team with our clients for fast deployment of digital businesses or digitized product and service offerings.[/ut_alert] [/ut_toggle] [ut_togglegroup] [/ut_one_half_last] [/ut_tab] [/ut_tabgroup]