As more data emerges confirming the continued adoption of mobile technology in financial services, home lenders and service providers are capitalizing on the trend.
A survey conducted on behalf of the American Bankers Association indicated that more than a quarter of consumers use their mobile devices most often to conduct their banking business.
For users between 18 and 29 years old, 46 percent use mobile banking the most. The higher usage reflects millennials who have largely grown up constantly using a smartphone.
Source: Mortgage Daily