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Mobile Banking Statistics

The Kids Are Alright
Gen Y has taken mobile banking by storm

Mobile Banking on the Rise
Sep ‘10
Jun ‘11
In 9 months, there was a 9% increase in mobile bankers
39.1% of mobile bankers own a smartphone
20% increase of mobile bankers using apps from Sept ’10 to Jun ‘11

Generation Y Taking Over
59% of mobile bankers are 18-34
Members of Gen Y are twice as likely to be a mobile banker
4 out of 5 members of Gen Y have a checking account
The aggregate personal income of members of Gen Y was $2.4 trillion in 2010 and is projected to be $8.3 trillion in 2025
Nearly 1 in 3 members of Gen Y review account balances more than 8 times a month

Personal Finance Managers
How Gen Y uses their PFMS
Compare items while shopping
Track loyalty and gift cards
Purchase tickets

What Gen Y Expects From Their PFMS
Categorize spending
Create budgets
Send alerts
ID ways to save

Mobile Banking Statistics

shared by Jordan Yospe on Oct 23, 2012 in Business

Mobile Banking Statistics

shared by Jordan Yospe on Oct 23, 2012 in Business


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In the past few years mobile banking has exploded, and mainly with generation x. This infographic will break down the statistics.
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