Do you use your smartphone for banking? 43
Research company KPMG conducted a survey of some 5,600 people in 22 countries to ascertain what their mobile banking habits were, and the results are rather interesting. Only 16% of respondents in the US said they were comfortable using their mobile devices for financial transactions, up from 7% last year. The report reveals that while US consumers are beginning to adopt the practice in greater numbers, they're still behind much of the world: a good third of the respondents in other countries are comfortable making financial transactions from their mobile devices. The reason against engaging in such activities on their mobiles, according to 56% of the American respondents, were security and privacy concerns.
The PreCentral readership is generally a tech-savvy bunch, so we we're curious: how many of you access your bank accounts and otherwise engage in financial transactions through your phone/tablet/web-connected microwave?
Source: Press Release