Wednesday, November 20, 2013

Mobile Banking & The Work Of Bobby Jain

By Rob Sutter


If there is one thing that can be said about banking today, it's that consumers want as many services as possible. Efforts in banking should be made easy for everyone and I am sure that Bobby Jain will be able to agree with such a sentiment. That being said, how exactly has the popularity of mobile banking grown over the course of time, you may wonder? It may not be too surprising but the rate of growth has actually been quite tremendous, as a recent article detailed.

An article on Orlando Business Journal spoke about how much mobile banking has grown and the results are pretty tremendous. According to a survey by the American Bankers Association, it has actually eclipsed the popularity of phone and mail banking methods, both of which have been utilized due to their reliability. However, it seems as though there has been more readily available benefits, as you could probably imagine. How many people, exactly, have gone about this method in comparison to others which have proven themselves over the years?

The article said that 8 percent of consumers believed that mobile banking has been the best option on the matter. It isn't hard to see why but what's even more noteworthy is the idea that the 8 percent spoken about before actually grew from 6 percent, which was the statistic back in 2012. It goes to shw how certain tools like the Internet have grown so much over time. This is where business, in my mind, has become that much more elevated and that much more user-friendly.

The survey went into detail about how 39 percent of consumers have been able to see the Internet as the best method, which is a great statistic to say the least. In second place was visiting a particular branch of a given bank, which earned 18 percent from those who took the survey in question. I believe these results to be especially strong, especially when you consider the work of Bobby Jain. Banking has grown tremendously and names the likes of Robert Jain can support this, too.

I can see more and more people going mobile with their banking efforts since technology is always growing. In fact, just about every typical Apple and Samsung device out there can be seen as a miniature computer of sorts, to the point where everything can be done through them. It doesn't matter whether it's a matter of cashing checks or even ordering pizza. The truth of the matter is that mobile efforts are growing and they show no signs of slowing down any time soon.




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