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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 from Mar 27, 2015 @ 8:40 CDT

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.

 

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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.

NEWS SOURCES:Wsj.com, Quickmobile.com


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