2 banks bring "mobile-only" to customers

09/17/2013 | MobileCommerceDaily.com

The "mobile-only" option is completely replacing bank branches for two banks, Simple and ING Direct. "As smartphone adoption and consumer awareness have increased, banking has moved from 'mobile-also' to many consumers preferring 'mobile-first.' We believe that this trend will grow even stronger, with a segment of consumers preferring 'mobile-only,' " said Michael Strange, chief technology officer of Mitek Systems.

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