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New Online Banking Report Available: The Case for Mobile Banking

By Jim Bruene on March 15, 2010 6:49 PM | Comments (0)

image The latest Online Banking Report: The Case for Mobile Banking is now available. It will mail next week to OBR subscribers. It's also available online here. There's no charge for current subscribers; others may download it immediately for US$395.

There is little doubt that mobile is the next online, not just in banking, but with many information-rich, time-sensitive services. Even in the online-centric United States, we expect mobile banking to eclipse online by the end of the decade. 

Another way to look at it: Starting from essentially zero just three years ago, more than half of the U.S. online banking population will be using mobile banking, by 2015. That's zero-to-40 million households in just eight years.

Most financial institutions should be making their mobile bets during 2010/2011. The report outlines ten ways that mobile banking supports overall strategic goals at financial institutions. It also includes our ten-year forecast for U.S. mobile adoption (note 1).

This report is number four in a series we've published on the mobile area during the past three years:

Num Date Title
177 Mar. 2010 The Case for Mobile Banking: Ten strategic reasons for investing in the channel
163/164 Mar. 2009 Mobile Banking 2.0 the iPhone Edition: How to build a smartphone app even your CFO will love
140/141 Apr. 2007 Mobile Money & Payments: Why credit & debit card issuers should embrace mobile delivery now
138/139 Feb. 2007 Mobile Banking: Leveraging the third screen

Note:
1. The mobile forecast was originally published last month in our year-end recap.

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Events

Research

  • NEW! Bank Transaction Alerts & Streaming: New delivery technologies will change the way users receive and interact with their banking information - Find out more
  • NEW! Mobile Banking & Finance Apps 2.0: A look at the three major smartphone app stores: iPhone, Android, and BlackBerry - Find out more
  • NEW! The Case for Mobile Banking: Ten strategic reasons for investing in the channel - Find out more
  • Online & Mobile Banking Forecast: Current, future and historical usage: 1994 to 2019 - Find out more
  • Making the Case for Person-to-Person Payments: Does mobility provide the tipping point for bank-branded P2P? - Find out more
  • Attracting Small Businesses with Online & Mobile Banking: Underserved segment is prime candidate for alt-delivery - Find out more

 

   

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