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.
After a relative period of calm adoption, mobile takes off in 2014.
As far as Chris Blough is concerned, even a modest amount of noninterest income is welcome and there can be some additional spinoff benefits.
The end of January should be a little less taxing for Star One Credit Union from now on, thanks to some outsourced automation technology.