The latest data dump from Malauzai Software, which now provides mobile banking apps to 108 credit unions and banks, reveals continued, strong growth in mobile banking usage.
Security company iovation and CEB's TowerGroup announced Aug. 13 that 20% of all online financial transactions are performed on a mobile device. That figure is up from just 11% in 2012.
Malauzai Software says average monthly growth rate is 4.19% among its 108 credit union and bank clients.
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