Evaluate the impact of mobile banking on traditional revenue streams and business models of banks, such as transaction fees, interchange fees, and overdraft charges. How do banks monetize mobile banking services, such as mobile payments, peer-to-peer transfers, and mobile lending, while addressing cost pressures and competitive dynamics in the digital banking ecosystem ? 

Answer rating: 100% (QA)

The coming of mobile banking has achieved massive changes in the conventional income streams and plans of action of banks Here is an assessment of its ... View the full answer