Mobile Banking Zooming Ahead
Between 2007 and 2008, US mobile banking has increased from 400,000 to 3.1 million users. Since nearly every American has a bank account, these numbers are likely to keep increasing.
The U.S is not the only region getting mobile with their banking; by 2011 it is expected that 41% of respondents in far East and China will be taking part.
Note: * transactional users who also have traditional branch-based services, excluding users who cannot be reached with traditional services; ** excludes Far East and China
Source: eMarketer, February 26 2009