Magazine : Archives : The Tech Issue 2015

Five Bank Apps to Watch

Banking doesn’t have a reputation for having the best apps. There are some very good reasons for this, including the need for extra security to protect millions and sometimes billions of their customers’ assets. Still, as people increasingly use their phones for everything from web surfing to shopping, texting and banking, the lack of decent banking apps could really hurt individual brands. According to advisory firm AlixPartners, which got 5,000 consumers to fill out an online survey in the second quarter of 2015, 62 percent of people who switched banks in the previous year said mobile banking was important or...