Millennials Taking a Bad Rap, SEC Inept?, More Bank Layoffs, and More Quotes of the WeekThe buy side is starting to feel the commission squeeze, the SEC's incompetence, Volcker Rule scare tactics and hiring the best and the brightest are just a few of the this week's top quotes.
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6. Mobile Payments
We expect global mobile transaction volume and value to average 42 percent annual growth between 2011 and 2016, and we are forecasting a market worth $617 billion with 448 million users by 2016.
— Sandy Shen, research director at Gartner
Greg MacSweeney is editorial director of InformationWeek Financial Services, whose brands include Wall Street & Technology, Bank Systems & Technology, Advanced Trading, and Insurance & Technology. View Full Bio
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