Is Mobile Banking Really More Secure? Why We Still Don't Get the Advantages

Image Source: Article

Image Source: Article

Numbers from the Federal Reserve are a smack in the face of mobile banking proponents. Some 87% of U.S. adults have mobile phones, but only 39% have used mobile banking in the past year. Among smartphone users, just 52% have used mobile banking in the past 12 months, up a slim 1% from the year earlier. The take-away: mobile banking adoption has stalled. 

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