Technology

In Touch & Out of the Branch

Mobile banking is promoting people-to-people payments and remote deposits, helping CUs retain mobile members.

August 01, 2010

New mobile banking applications are moving transactions out of the branch, mailbox, or ATM, and onto members’ smart phones. They'll prove their worth through cost savings and stronger member relationships.

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Technology

In Touch & Out of the Branch

Mobile banking is promoting people-to-people payments and remote deposits, helping CUs retain mobile members.

Credit Union Magazine

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Recent Discussion

We utilized this product for a few months right now, but it doesn't seem to have much value in comparison to our other online tools. Good concept, works well. It just seems that our membership is not interested.

You make a good point, Wally. I should have caught that one. I'll take that out tidbit.

Ed, this is correct: 100% is a 1-to-1 relationship, not 1%, which is a 1 to 100 relationship.

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