If it’s been ages since you’ve set foot inside a bank or opened an account statement, you probably have mobile banking to thank. Mobile banking apps are designed to make our financial lives easier and the best mobile banking features make us wonder how we ever got by without them.
Functions like mobile deposit have become standard, but newer features allow you to send money to a friend by voice command, set up an ATM withdrawal remotely or get a reminder when a big expense is about to clear. And for consumers in 2020, any features that eliminate points of contact and the need to handle cash or cards can be a big plus.
“What we’ve seen is an exponential increase in the awareness and adoption of contactless payments,” says Richard Crone, founder of mobile payments research firm Crone Consulting.continue reading »