Scope of new mobile banking technologies in the last five years.

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. ‘IA. Discusses primary uses of mobile applications and reasons for greater popularity of some 18. Discusses key barriers raised by customers in using mobile applications and how financial institutions are seeking to overcome them. ‘I C. Compares and contrasts advantages and disadavantages of payment methods like PayPal & Apple Pay compared to proprietary bank applications