Mobile banking is becoming increasingly more popular with young consumers, The New York Times reported on December 6.
Mobile-only banks like GoBank, the article says, together with rising smartphone user rates are fueling demand for mobile banking services.
However, the report went a step further to indicate that noting the preferences that have evolved among this banking customer base. Young consumers are particularly drawn to mobile banking solutions that have fast processing times and simple-to-navigate user interfaces, the report said.
Learn more about how mobile banking is rapidly evolving – for the better – by clicking here.
“What’s Hot” is aggregated content. PYMNTS.com claims no responsibility for the accuracy of the content published by the original source.
We’re always on the lookout for opportunities to partner with innovators and disruptors.
Learn More