For Gen Y, the rallying cry was, “I want my MTV.” For Millennials, the cry might as well be, “I want my mobile banking.” About 67% of Millennials now use mobile banking, according to a study released today by the Federal Reserve. This compares to 18% for those consumers aged 60Read More
Post Tagged with: "mobile usage"
In a startling about face, Bank of America Corp. now says its mobile banking logins do not outnumber online banking logins. Earlier this week at the Net Finance conference in Phoenix, Marc Warshawsky, a senior vice president at Bank of America, in his keynote address, said mobile logins at the nation’sRead More
I had a dream the other night. I dreamed I was the Chief Executive Officer of a bank somewhere in the middle of New York State, where the mountains are rounded and green at the top. I was in a budget meeting for 2013 and I didn’t know what toRead More