Todd Ablowitz, president of Double Diamond Group, a Centennial, Colo.-based consulting firm, told PaymentsSource last month Apple could change the payments-business model in a way that could cause quite a disruption.

Payments “is arguably inefficient in terms of the value chain; it’s got entrenched long-term players, it’s got technology disruption ripe to happen, and it’s an ecosystem where a leader could make big gains,” Ablowitz said.

Mobile Banker, September 9, 2010
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