Released: April 17, 2018
Asians love digital banking, Americans not so much
Source: Maria LaMagna, MarketWatch
If you want to see what your relationship with your bank will look like in a few years, look to the East. Consumers in Asia are rapidly using mobile banking for more services, making visits to a physical bank branch rare. In fact, visits to bank branches make up just 10% to 25% of monthly transactions in Asia, according to the consulting firm McKinsey & Company released Monday.
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