The power of the mobile device has been increasing exponentially as of late. While on Twitter I saw a tweet from @IncMagazine that said “A single mobile device today has more computing power than NASA in 1969.” As absurd as this may or may not sound one has to wonder if this is now, what does the future hold?
According to The Lafferty Group; a consulting company that does banking research, it is said that by 2029 most banking transactions are going to be done on a mobile device. Currently about 13% of all banking customers use mobile banking and with 2029 being right around the corner, we are sure that number will rise. Surprisingly enough, not many banks have jumped into the mobile app game but for those that did, this is how they fared. The following is a list of the best mobile banking apps: