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5 Mobile Banking Trends to Watch

Biometrics, P2P and RPC are among the mobile capabilities credit unions should consider adopting.

By Roy Urrico | Updated on April 28, 2015

People are more glued to their mobile devices than ever before. In fact, according to the Pew Research Center, nearly two-thirds of Americans own a smartphone, and 19% of Americans rely to some degree on a smartphone to access online services and information, and simply to stay connected to the world, either because they lack broadband at home or have few Internet access options aside from their mobile device.

Plus, a new report from the U.S. Federal Reserve says the use of mobile phones to access accounts, credit cards and other financial transactions is now commonplace among U.S. consumers.

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Roy Urrico

Roy Urrico

Roy W. Urrico specializes in articles about financial technology and services for Credit Union Times, as well as ghostwriting, copywriting, and case studies. Also: writer/editor of a semi-annual newsletter for Association for Financial Technology since 1997 and history projects funded by the U.S Interior Department, National Park Service and Warren County (N.Y.).

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