To take on Apple's mobile payment system, big banks like JPMorgan Chase, Bank of America, and Wells Fargo are teaming up to create a joint mobile wallet app called Paze.
Big, Fat Banks Team Up to Dethrone Apple
To take on Apple's mobile payment system, big banks like JPMorgan Chase, Bank of America, and Wells Fargo are teaming up to create a joint mobile wallet app called Paze.