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The new age of mobile banking

According to a survey of 2,001 adults released in August 2012, 49 percent of consumers own a smartphone or tablet. Of those mobile device owners, 64 percent use their device to manage their finances.

Not surprising that the survey found a majority of younger consumers (ages 18 to 34) who own mobile devices are using them for banking, it did reveal that roughly half of Americans over 50 are as well.

 

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First Financial

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