Channels

09:32 AM
Connect Directly
RSS
E-Mail
50%
50%

54% of Bankers Call Creating Mobile Corporate Banking Services A High Priority

However, only 15% see it as an opportunity for revenue growth.

An Aite Group survey of 267 bankers conducted this month, sponsored by Fundtech, found intense interest among banks in developing a mobile banking channel for their corporate clients. It also found a high degree of worry among the bankers about security and fraud issues.

Among the banks surveyed, 54% say that developing their mobile corporate banking services is a top or very important priority. Almost half -- 42% -- rated their customers' interest as either extremely or very high. About a third (31%) see mobile corporate banking as a competitive differentiator for their bank, although 38% see it becoming just another service delivery channel and only 15% see corporate mobile banking as a revenue opportunity.

Asked about the biggest barriers to growth in mobile corporate banking, 77% cited fraud and security concerns.

Comment  | 
Print  | 
More Insights
Register for Bank Systems & Technology Newsletters
White Papers
Current Issue
Bank Systems & Technology Oct. 14, 2014
Bank Systems & Technology's new Must Reads is a compendium of our best recent coverage of customer analytics. Learn what big data means for banks, meet Wells Fargo CDO Charles Thomas, find out how to connect with your Gen Y customers, and more.
Slideshows
Video
Bank Systems & Technology Radio
Archived Audio Interviews
Join Bank Systems & Technology Associate Editor Bryan Yurcan, and guests Karen Massey and Jerry Silva from IDC Financial Insights, for a conversation about the firm's 11th annual FinTech rankings.