25% of world’s population to use mobile banking in four years

News in brief

News in brief

More than 25% of the world’s population will use mobile banking in the next four years, research from KPMG using data from UBS Evidence Lab reveals, predicting the number of users will double to 1.8bn. “Mobile banking is clearly supplanting all other channels as the main portal between the bank and the consumer,” says KPMG’s David Hodgkinson. “Banks must adapt or die.”

Filed by This email address is being protected from spambots. You need JavaScript enabled to view it. nfcworld.com Published 3 August 2015, 14:58 • Last updated 3 August 2015, 14:58