FinTech, IOT and AI at Mobile World Congress 2017

Mobile World Congress (MWC) was historically set up to serve mainly the Telco industry, after which mobile became a strong focus as has the B2B business. Given the background with Telco, it's only fitting that the event in Barcelona embraces new digital trends that shape markets and accelerate the shifts in established positions in the market. This includes the world of finance, where one possible future for established organizations is the position of bit-pipes already well known in the world of Telcos.

The GSM Association (GSMA) released a report called State of the Industry Report on Mobile Money where the association reported 277 active payment services available by end of 2016 with 35 with an average of a million active users or more. The total amount of mobile money accounts was also reported to have reached the half a billion milestone. It seems appropriate that MWC was dominated by payments services of various offering types, those serving a w ...