Banking has become so convenient and simple in modern times as this Mobile Banking on the Run infographic visually demonstrates. Not only have ATM's helped consumers to complete their banking on the run transactions, but banking applications for mobile phones have also helped to simplify cash transactions.
This Mobile Banking on the Run infographic was artistically created and throughly researched by Lookout Mobile Security. A simple look through this awesome flowcart describes the rise of mobile banking, what different banks offer, the associated security concerns, the most popular banking apps and the future of mobile banking.
Implications - Products and services that allow consumers to operate mobile lives continue to gain precedence as they easily merge into consumer's fast-paced lives. Companies should continue to push for the creation of mobile-friendly apps and convenient on-the-go products.