Research and Markets: 2012 Mobile Banking Market Assessment

DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/gtkdwv/2012_mobile) has announced the addition of the "2012 Mobile Banking Market Assessment" report to their offering.

“products as telephones, dishwashers, automobiles, and color TVs”

New Research From Mercator Advisory Group Examines Key Influencers And Market Drivers In This Rapidly Evolving Market

In this new research, 2012 Mobile Banking Market Assessment, Mercator Advisory Group explores how retail financial institutions can increase interaction with customers and members to include 24x7, anytime anywhere service, and also expand their reach beyond simple demand deposit account transactions.

"In this report, we review the burgeoning mobile banking market and evaluate key trends and market drivers that are contributing to its impressive and staggering growth. Mobile banking adoption has accelerated at unprecedented rates, rivaling the speed-to-adoption of such consumer "must have" products as telephones, dishwashers, automobiles, and color TVs," comments Ed O'Brien, director of Mercator Advisory Group's Banking Channels Advisory Service and author of the report.

Highlights of this report include:

- The factors contributing to the phenomenal growth of mobile banking

- The impact of increasing mobile consumer usage to the market, new opportunities for customer engagement, and new benefits for financial institutions

- Three key areas of change in customer behavior that are being driven by mobile banking

- The three modes of mobile banking and the circumstances when each is most appropriate for use

- The reasons not all consumers are comfortable with using mobile devices for banking

- The new advances opening the door to additional features and capabilities to further grow the mobile banking channel

Key Topics Covered:

Executive Summary

Introduction

Advancements in Mobility Spurring Mobile Banking Growth

A Minirevolution in Banking Is Under Way

Use of Mobile Devices to Access the Internet Is Growing

Mobile Device Ownership

Accessing Mobile Banking

Much of Market Is Composed of White-Label Arrangements

Mobile Remote Deposit Capture Is Gaining Traction

The Rapid Pace of Innovation in Mobile Banking

The Mobile Banking Market

Market Growth

Mobile Banking Market Size and Revenues: Heading Toward a Billion Dollar Market

Customers Are Using Mobile Banking for an Increasing Variety of Transactions

Mobile Banking Use Is Prevalent Among Young Users and Affluent Users

Most U.S. Consumers Do Not Yet Use Mobile Banking Products

Security Is a Concern for Mobile Banking Customers

Other Key Considerations

Security and FFIEC Guidance

Mobile Phone Modes and Security

Content Creation and Presentment

Key Mobile Banking Vendors and Products

Conclusions and Strategic Implications

End Notes

Companies Mentioned

Organizations mentioned in this report include:

- Apple

- ACI Worldwide

- Euronet

- FFIEC

- FIS

- Fiserv

- Google

- Harland Financial Services

- mFoundry

For more information visit http://www.researchandmarkets.com/research/gtkdwv/2012_mobile