Read about the growth of mobile P2P and other trends in this week's focus report.
The numbers for mobile device bill pay usage have spiked in the past year. In fact, only consumer adoption of online banking comes close to the market share mobile applications are capturing on an almost daily basis.
Mobile bill pay popularity now eclipsing remote deposit checking.
In the payments arena, in particular, the impact of the digital age is profound.
Western Union study reveals most young adults prefer electronic account access.
New solution will allow members to open accounts by smartphone.
Last month, the $780 million 3Rivers Federal Credit Union of Fort Wayne, Ind., became the nation’s first credit union to launch Picture Pay.
3Rivers CU in Fort Wayne rolls out service from Malauzai Software and Allied Payment Network.
Celent report finds more than half of big banks offering mobile bill pay, less than 15% person-to-person payments.
Functions such as remote deposit and mobile pay add to the attraction, consultancy ath Power says.