Thursday, March 24, 2011
Mobile Banking Jump
In the fourth quarter of last year mobile banking jumped by an astounding 54 percent. many people, myself included, synced their various accounts to mobile devices during the holiday season. 11 million people are using a mobile app. 8 million are using text messages, and lastly 19 million use the built in browser. This feature is quite convenient and allows many people to access things conveniently. data costs, speeds, and security are still large issues though.