Chart of the Week: Mobile App Adoption by Financial Institutions

In a November report released by Celent and FINavigator the chart below shows mobile app adoption by financial institutions; Credit Unions have historically had greater app adoption but since 2013 banks have closed the gap in half; overall, 86% of financial institutions with over $100 million in assets have a mobile app, while adoption for institutions below $100 million is 29%.  Source

digital_banks_credit_unions_mobile_adoption

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