Half of US adults now use mobile banking, with the number of users increasing by 29m since last year, research released by Javelin reveals. “This dramatic shift in consumers’ channel preferences puts pressure on financial institutions to innovate in the space to meet increased demand for mobile functionality,” the firm says.
- Japanese banks get go ahead for digital currency launch
- UK supermarket pilots self-checkout service that lets shoppers scan and pay by smartphone
- Contactless ‘beer wall’ lets students serve and pay for their own drinks
- UK consumers warm to face verification at the point of sale
- Heart scan biometrics could let computers continuously monitor logged in users