Is consumer mobile banking app growth starting to level off? For the second consecutive year, overall growth did not show a substantial gain according to the Austin, Texas-based Malauzai Software.

However, even though there was only a 6% growth in mobile banking apps (352 new ones), there is no shortage since there are more than 6,000 banking apps total.

For its July Monkey Insights report Malauzai, a mobile and internet banking provider, analyzed June 2017 data gathered from 435-plus credit unions and banks, covering 14.5 million logins and 790,000 active internet and mobile banking users.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

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.).