Statistics Reveal That Technology is Transforming Mobile Banking, Firstnumber Comments

"Mobile phone technology is quickly changing the manner in which we pay our bills, monitor our accounts and communicate with our bank. What's more, most high street banks are currently investing a great deal of money in development of new technologies to make banking on the move even more rapid and convenient. According to recent figures published by the Office for National Statistics, around 50% of all UK adults and over 75% of 25–34 year olds manage their funds over the Internet. About one in five adults admits to having made at least one payment via their phone; while a quarter of us use our phones to check bank balances." Continue Reading