technology , are quickly taking centre stage in Australia ,” shared Nishi . “ Developing this technology , which allows consumers to tap or wave their mobile phone in front of an NFC terminal to make a payment , involves cooperation between telcos , financial organisations , and security providers .”
And while the industry that has traditionally been the conservative force in a sea of innovation , it ’ s now the banks that are actively driving the changes in this space , Nishi reported .
In this exclusive article for Business Review Australia , Kenji Nishi shares how banks are changing the landscape of mobile technology for good .
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