Technology content trusted in North America and globally since 1999
8,588 Reviews & Articles | 67,094 News Posts

Growing number of people in US embracing mobile banking apps, services

More people are embracing mobile banking in the United States... do you?

By Michael Hatamoto on Mar 27, 2015 08:40 am CDT - 0 mins, 38 secs reading time

A growing number of mobile users in the United States are relying on smartphones and tablets to access their bank accounts, using apps and mobile websites.

growing-number-people-embracing-mobile-banking-apps-services_01

Thirty nine percent of mobile phone owners are using mobile banking in 2014, a slight increase from 29 percent in 2012 and 33 percent in 2013, according to a survey from the Federal Reserve.

If you have a bank account, chances are very good that your bank has a mobile app that you can utilize to check your balance, recent transactions, and other typical activities. Regional and national banks are pushing users towards mobile banking - and it's becoming a major selling point - as 26 percent of respondents noted they switched banks in the past year because of a more enjoyable mobile experience elsewhere.

Michael Hatamoto

ABOUT THE AUTHOR - Michael Hatamoto

An experienced tech journalist and marketing specialist, Michael joins TweakTown looking to cover everything from consumer electronics to enterprise cloud technology. A former Staff Writer at DailyTech, Michael is now the West Coast News Editor and will contribute news stories on a daily basis. In addition to contributing here, Michael also runs his own tech blog, AlamedaTech.com, while he looks to remain busy in the tech world.

NEWS SOURCES:wsj.com, quickmobile.com

Related Tags