Mobile-banking apps are now one of the three most-used types ofapps on consumers' smartphones, new data has revealed.
According to Citi's 2018 Mobile Banking Study, which surveyed2,000 U.S. adults in February, 31% of consumers said they usedtheir mobile banking app the most — only social media apps andweather apps, at 55% and 33%, respectively, got more use.
Almost half of consumers (46%) — including 62% of millennials —said they've upped their mobile banking use in the last year. Thevast majority of people (81%) now use mobile banking nine days per month on average,and 31% use it 10 or more times each month, the study said.
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