The survey of 1,500 adults showed that mobile app usage has increased by 33 percent overall from a year ago, while banking online has increased 35 percent during the same period.
Hispanics appear to be leading the charge toward mobile banking with nearly half of those surveyed using banking apps and bank websites more than a year ago. They are also using banking apps while on the go at a higher rate than the rest of the population. The survey also found that:
• 64 percent use it while at work
• 49 percent use it in a check-out line at a store
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• 47 percent use it at a restaurant.
Source: Published originally on The Austin Business Journal as Hispanics adapting to mobile banking faster than rest of the population, by Mike W. Thomas, July 21, 2015.