This is based on 42% aware of such services, and 40% of those signing up. Those who say mobile is their primary means of banking is only about 4%, which fits very well with other consumer research on this.
How many actually used the service last month is unknown, but probably remains in single digits.
What is amazing here is that 40% of respondents did not know whether their bank offered mobile banking services, an astoundingly large number that speaks to
A) Continuing consumer unfamiliarity and
B) Ineffective or absent bank communications.
The prior year, Synergistics pointed out that small business was moving faster on mobile devices in general, and that this was an obvious place for a bank to focus its early efforts.
At that time, 24% were already using smartphones, and among these, 2/3 were doing mobile banking (16% of all businesses).
More interestingly, they were engaged in a wide variety of activities. While balance inquiry led the way (52%) - as it did with ATM and ARU adoption earlier - 42% made a balance transfer or a card payment. Also a hopeful sign is that nearly half received an e-mail from their bank on a mobile device, and about 1/3 sent one.