Mobile banking has become the norm in many consumers’ daily lives. A report from the American Bankers’ Association found that 81 percent of consumers had managed their bank account from a mobile device at least once in the past month.
The allure, of course, is the convenience mobile banking offers: Consumers tote their smartphones virtually everywhere, so a mobile banking app can help them quickly take care of a range of financial needs whenever they wish. It’s essentially a bank in your pocket.
Having tools that make it easier to manage your finances is especially valuable at a time when