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Feb 11th, 2014, 04:56 PM
#1
Apple's next big thing
When you combine Apple's massive cash reserves, existing iTunes multi-currency capabilities and ubiquitous hardware it seems fairly straight forward to me - Apple should get into international personal banking.*
(*Probably best if they get someone else to write the software but that's an implementation detail)
Signs and portents:
* Banking is going mobile (for example mPaysa etc.)
* People are becoming more mobile - increasingly you can expect to live in many different countries in your life
* A greater percentage of person-to-person transfers are small (ish) amounts cross jurisdiction
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