infographic: the state of mobile banking apps by apptentive
TRANSCRIPT
Mobile banking doesn’t vary greatly across generations.
MORE LIKELY TO CONVERT
And mobile searches relating to financial transactions are
than desktop searches.
THE MAJORITY OF CONSUMERS USE
MOBILE BANKING APPS:W H Y G E N E R AT I O N D O E S N ’ T M AT T E R
WHICH MEANS
BANKS NEED TO THINK MOBILE FIRST
1.92 BILLION PEOPLEUSE MOBILE APPS DAILYMOBILE APPS
ARE PART OF EVERYDAY
LIFE...
B U T W H AT A B O U T M O B I L E B A N K I N G A P P S ?
of banks havemobile banking
apps
25%
58%
of customers use their bank’s mobile
app daily
69%of customers actively
use their primary bank’s mobile app
80%
APPS ARE BECOMING AN
INTEGRAL PART OF PEOPLE’S BANKING HABITS…
REGARDLESS OF GENERATION.
TOP 5 FEATURESPEOPLE EXPECT IN MOBILE BANKING APPS:
TOP 5 FEATURES PEOPLE IDENTIFY AS NICE-TO-HAVE:
BABY BOOMERS
GEN X
MILLENNIALS
$ $ $ $ $ $
$ $ $ $ $ $ $
$$ $ $ $ $ $
60%
67%
64%
Ability to check balances
Ability to view charges
Ability to transfer money
Ability to view statements
Ability to pay bills
By 2016, 2 billion consumers will have a smartphone
Spending analysis
Budgeting tools
Ability to view
statements
Ability to pay bills
Ability to notify bank of
upcoming travel
$
$$
$$
$
$
$$
SOURCES:
http://www.emarketer.com/Article/2-Billion-Consumers-Worldwide-Smartphones-by-2016/1011694
http://storage.googleapis.com/think/docs/finance-trends-throughout-the-year.pdf
http://info.apptentive.com/money-is-going-mobileTo learn more, visit
www.apptentive.com