The mobile revolution might be in full swing but 87% of banking and finance leaders reported abandoning an app due to poor performance, according to survey sponsored by Austin, Texas-based Kony.

The survey, “The App Dilemma: Meeting the High Expectations of Business,” gauged the state of enterprise application investment and adoption among financial institutions with a particular focus on barriers to widespread adoption and the choice between in-house versus third party app development.

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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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