Bank branch “not dead” says report – but banks must be more mobile

"Mobile banking may be on the rise around the world but the bank branch is not dead, according to new research by IT firm GFT Technologies. The study gathered responses from 894 individuals in Brazil, Germany, Spain, the UK and US and asked questions about how they used mobile banking, bank branches and how they imagined the future of banking.

The results showed stark differences between countries. The biggest users of mobile banking were in Spain and Brazil, where 63% and 62% respectively said they would use it. Germany was the most cautious about the new technology, where only 26% of respondents would use it. 58% of Germans responded ‘no’ to mobile banking, while only 11% of people in Spain thought the same." Continue Reading