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Many analysts are split over how quickly mobile technology will become more widely adopted. A new report suggests that as smartphones develop more multifaceted payment methods, more consumers are likely to accept mobile technology and electronic wallets as a primary payment system. The study, conducted by Pew Internet, reveals Americans are becoming more comfortable using […]
Mobile banking is quickly becoming one of the features customers factor in when shopping for a new bank. Mobile banking platforms add a new layer of convenience for on-the-go consumers, allowing them to inquire into their balance and transfer funds. But the results of a new report show that a new mobile banking feature may […]
As electronic wallets become more widely adopted and convenient payment methods for consumers, many analysts are questioning whether traditional payment types will become obsolete in the future. And the experts say, “Not without more incentives.” The development of new electronic wallets is in full swing, with Google already creating a mobile wallet last fall that […]
In a rare instance of mutual benefit, the fast-growing popularity of mobile alerts promises to keep consumers happy while actually saving banks money. No wonder smart banks are jumping on providing quality, secure options for receiving information about accounts, balances and cleared items via text, email and RSS. I should point out that fast growing […]