Thursday, February 24, 2011

U.S. Mobile Banking Population Doubles

U.S. mobile banking adoption has experienced rapid growth in the past three years, more than doubling from five percent of online adults in 2007 to 12 percent in the second quarter of 2010.

By 2015, Forrester predicts that one in five U.S. adults will be using mobile banking. Much of that activity will be "informational," with consumers checking balances, for example.

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Are ISPs Overselling the Value of Higher Speeds?

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