Pre-pandemic, escalating mobile banking adoption rate was primarily fueled by smartphone penetration, with over 4 billion people using smartphones. However, the disruption emerging from the onset of COVID-19 has been a major driver of mobile banking, fast-tracking the trend of mobile-first banking among younger generations, with Gen-Z favoring the mobile channel at 56%.
Download this whitepaper to learn:
- Current trends in mobile banking
- Fraud threats and consumer behavior that result in increased risk
- Strategies for preventing mobile banking fraud