Banking gone Green

Written by Lynn Nunez on . Posted in Mortgage Economy and Market, Mortgage Services and Providers

green-worldThe survey, of U.S. Consumers which explored mobile trends and banking behaviors among adults across the country, found the need for constant connectivity also extends to banking.

The survey, which explored mobile trends and banking behaviors among adults across the country, found the need for constant connectivity also extends to banking. Of those respondents who said they use their phones for mobile banking, almost one-third (31 percent) say they log on at least once a day, and more than four out of five (82 percent) access their accounts at least once a week or more. Talk about staying abreast of your expenditures.

The report revealed further interesting insights into consumer mobile banking behaviors and preferences, including: • Mobile banking is on the rise. More than half (62 percent) of respondents have at least tried mobile banking, while an overwhelming majority (90 percent) are using online banking. When using their bank’s mobile app, U.S. consumers most commonly check their balance, transfer funds between accounts and pay bills.

• Consumers are using their mobile devices for more advanced transactions including check deposits. Nearly six in 10 (58 percent) respondents have used mobile check deposit, and 38 percent use it frequently.

• Consumers prefer a mix of banking options. The survey found that 84 percent of respondents have visited a bank branch within the past six months. Most commonly, Americans make a trip to the bank to make a deposit, withdraw funds and speak with a banking associate.

• Consumers are comfortable with added security measures.
Courtesy of Brandpoint.com

This says a lot of how the economy is moving and how much it affected us, People are paying closer attention to their finances and incorporating the monitoring into their routines. This will help keep spending in control and staying within budget, because you know we all have one not to mention the faster you will notice any fraud activity.

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