The number of consumer mobile banking apps available is continuing to grow, but smaller banks are getting left out of the race.
That is according to the July Monkey Insights report, released today by Malauzai Software.
Consumer mobile apps grew about 6%, in keeping with last year’s growth, according to the report.
This slower growth rate is due to a couple of reasons, not the least of which is simple market saturation: Everyone and their incumbent has a mobile app.
