Community banks rarely engage in any of the activities prohibited by the Volcker rule, and community banks generally do not face the adverse incentives of compensation agreements that may encourage executives and loan officers to maximize lending volume at the expense of safety and soundness.
BIS Review 78/2010  1    Convenience: Access to financial services on the mobile phone will certainly lower the cost of transfer of remittances, improving the safety and security of cash and make payments more convenient.