In the News

Erin Fonté Quoted in Morning Consult Regarding Mobile Banking

June 17, 2015

Erin Fonté, Austin-based member in Dykema’s Corporate Finance Practice Group, was quoted in the Morning Consult article, “Banks See Promise, Peril in Mobile Banking.”

In the article, Fonté states that it is still very early in regard to the banking industry’s transition to mobile banking, but also points out that banks are beginning to invest in innovation and acquire technology companies.

She also highlights that with fewer customers using bank branches, banks would have to curtail their branch footprints and form partnerships with third parties to create flexible and innovative approaches to mobile banking and payment systems.

To read the entire article, click here.