Smart phone penetration hindering mobile banking, for now, says study

VANCOUVER – A small, but growing, minority of Canadians have embraced mobile banking, and this number will increase in tandem with smart phone ownership, according to a new Ipsos Reid study. A recent issue of the Ipsos Canadian Inter@ctive Reid Report, which investigated online Canadians’ use of web-based financial services, found that 12% of online Canadians have conducted banking from their mobile device in the past three months, up from 2011 data which found that just 8% of online Canadians used this service. With 78% of respondents report conducting any type of online banking transaction in the past three months, (up...