Mobile banking is growing rapidly as more and more people turn to the device that’s already in their hands to complete the financial transactions that power their lives. The number of mobile banking users outpaced the number of in-branch banking customers for the first time in 2015, according to Javelin, a California-based consulting firm (see chart). One in 10 U.S. adults began using mobile banking for the first time in 2015, Javelin says. That amounts to 25 million people discovering the convenience that mobile banking offers. If mobile banking’s trajectory continues, it will soon be more popular than online banking…

 

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