Statista’s Personal Finance Segment Report reveals that peer-to-peer money transfers are expected to grow by 16.5 percent each year and reach a transaction value of $178,473 million by 2022. The number of individuals utilizing this service is also expected to climb to 190.1 million by 2022. Considering the modern convenience of making an online money...
In the last two decades, the world has become more technologically advanced — and banking has followed suit. With technology development comes faster communication, better security and greater efficiency.
Now there are applications to deposit checks, transfer funds and manage budgets — all from the convenience and privacy of personal phones and computers. Using computers, smartphones, tablets and other devices, you can bank via an internet connection and still expect a high level of security. There are even online-only banks that provide on-the-go service and top-quality security for tech-minded customers.
On GOBankingRates, you’ll find articles and reports on developments in the technology field — and learn how they impact the banking industry — so you’ll always be ready for what’s next.