"Brandon McGee, Industry Insider, Mobile Banking Guru...He is not only the real deal, a genuine industry insider, but also knows exactly what's on the minds of financial service pros as they contemplate the various mobile options." - Jim Bruene, Publisher & Founder, Online Financial Innovations

"Going Mobile. Local executive carves niche as national expert on fast-growing banking-industry technology trend" - Scott Olson, Indianapolis Business Journal (IBJ)

"Brandon McGee, the industry's unofficial ambassador for mobile banking" 

Thursday, March 18, 2010

Mobile Banking Drives Branches Belly Up

"We've written stories before on the increased consumer demand for online and mobile banking applications, detailing the clear trend away from the traditional bank branch and toward mobile banking. Now, a new study details how, for the first time in a decade, bank branches are in steep decline.

The Wall Street Journal, in partnership with Charlottesville, Va.-based SNL Financial, reports that U.S. bank branches are falling in number for the first time since 2002. Big banks like JPMorgan Chase (Stock Quote: JPM) and PNC Bank (Stock Quote: PNC) are reporting “hundreds” of bank branch closings, according to numbers compiled by SNL." >> Continue Reading

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