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    Nitin Bhas

    News about Nitin Bhas.

    NFC payments to reach $95bn by 2018

    April 11th, 2016

    The global value of NFC mobile and wearable payments is expected to reach US$95bn annually by 2018, up from less than $35bn last year, according to Juniper Research. “Apple’s entry into NFC gave the industry a much needed boost and could well be seen as the tipping point for the technology,” says the firm’s Nitin Bhas.

    1.75bn to use mobile banking

    July 11th, 2014

    More than 1.75 billion mobile phone users will have used their device for banking purposes by the end of 2019, up from 800 million people this year, according to a new Juniper Research forecast. “Banks now regard the mobile channel as an indispensable revenue stream,” says report author Nitin Bhas. “However, with the mobile channel becoming a key customer retention strategy, it presents a great challenge to traditional institutions.”