Mobile Banking Revolution (Infographic)

It’s no secret that mobile banking has taken off in recent years and continues to grow by leaps and bounds. To help illustrate just how much mobile banking is growing FICO pulled together an infographic with some impressive mobile stats. For example, did you know that by 2017 an estimated 1 billion people will be using mobile banking? Read on to learn more about the mobile revolution.

Mobile Banking Revolution

Infographic: How to Spot a Fake Check

The team over at TROY pulled together an infographic on how to spot a fraudulent check. With more consumers using remote deposit capture to upload and deposit checks through their smartphones, it’s important to take note of some of these tips.

How to Spot a Fake Check [Infographic]
© 2013 TROY Group, Inc.

Infographic: Who are the Underbanked?

There are close to 2.5 billion people in the world who do not have an account at a financial institution; a population that is referred to as the underbanked. To help address this population and understand the financial gap, The World Bank has created the Global Findex, which is described as a financial inclusion database used to measure the use of financial services and identify those with the greatest barriers to access.

The World Bank created an infographic outlining details on who, and why people are underbanked. According to the Global Findex, “3/4 of the world’s poor do not have a bank account, not only because of poverty, but also due to costs, travel distance and paper work involved.” The index also found “gaps in financial inclusion across demographics, with women, the poor, youth, and rural residents at the greatest disadvantage.” See below for the full infographic and breakdown of stats on the underbanked.

Does your FI have measures in place to reach the underbanked population? Do you see this as a concern for financial institutions in the future? Let us know in the comments section to Tweet @Bankingdotcom.

by worldbank. Browse more infographics.

Infographic: The Mobile Employee

It’s no secret that mobile use amongst consumers is on the rise, but a recent infographic published by [x]cube labs shows an astounding jump in mobile usage among employees in the last year alone. Statistics cited in the infographic state that smartphone usage for work jumped from 69% in 2010 to 91% in 2011. One of the top types of mobile employees noted is the mobile information worker: workers who travel frequently but needs to stay in touch with the office through email and collaboration tools (e.g. financial services professionals, banking executives, consultants, etc.). Within the mobile information worker sector, the percentage of the total workforce is predicted to jump from 24% in 2010 to 30% in 2012. See below for the full infographic.

Are you and your employees using mobile phones more frequently for work? Do you think employees should use company sanctioned mobile devices to do work on-the-go? Let us know in the comments section below or Tweet @bankingdotcom.

Browse more infographics.

Infographic: Merchant Funded Reward Programs, An Introduction

Mindful Insights recently published an infographic highlighting the details and companies behind merchant funded reward (MFR) programs. Take a look at the graphic below to get an overview of how MFR programs work and what it takes to deliver a successful program.

 

 

National Day of Unplugging

Tonight marks the start of a day called the National Day of Unplugging. This movement encourages people to disconnect from technology and connect with the offline world. For many tech savvy users the ideas of shutting off for 24 hours seems like eternity. No phone, Twitter, Facebook or apps.

To showcase how difficult it will be for Americans to turn off, we’ve included an infographic called Instant America which has statistics that showcase how quickly Americans expect to receive information in this digital era. After reading these stats, it’s no wonder that movements such as the National Day of Unplugging are taking place.

The infographic below highlights that, “Google found that slowing search results by just 4/10ths of a second would reduce the number of searches by 8,000,000 a day.”

Instant America
Created by: OnlineGraduatePrograms.com

After taking time to digest these stats, are you going to unplug tonight?