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Experts see 'humongous' growth in mobile banking in Canada heading into 2012

Michael Oliveira

Wednesday, December 14, 2011 - 12:48

Experts see 'humongous' growth in mobile banking in Canada heading into 2012. Most Canadians still aren't pulling out their phones to check their bank account balances and pay bills but experts and users alike expect a whole lot more will be doing so in 2012.

 Most Canadians still aren't pulling out their phones to check their bank account balances and pay bills but experts and users alike expect a whole lot more will be doing so in 2012.

"We definitely see there's been humongous growth on the banking front on the phone platform," says Bryan Segal, vice-president of the digital measurement firm comScore.

Canadians are among the world's leaders when it comes to embracing online and mobile banking, according to comScore.

Last year, Canada ranked as the top country for online banking usage, with almost 65 per cent of our Internet users going on the web each month to check their accounts. 
Read the full story by clicking the link below
http://www.canadianbusiness.com/article/62006--experts-see-humongous-growth-in-mobile-bank ing-i....
 
Tags: Mobile Banking, Americas, Canada, RBC, comScore, Online Banking, Security, CIBC, Scotiabank, ING Direct, TD, 2012

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