Mobile banking to pass online banking worldwide by 2019

Tuesday 8 July 2014 | 10:25 CET | News
Mobile banking users are expected to pass online banking users by 2019, according to the latest study from Juniper Research. Over 1.75 billion mobile phone users will have used their devices for banking purposes by the end of 2019, compared to 800 million this year. The scale of the shift has been confirmed by the decreasing number of branch visits by consumers and also the closure of physical bank branches over the past 12-24 months. For example, in April 2014, RBS UK announced the closure of 44 branches across the UK. The report also noted that nearly all of the banks analysed had some sort

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Categories: Internet / Mobile & Wireless
Countries: World
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