Mobile phones have increasingly become tools that consumers use for banking, payments, budgeting, and shopping. Given the rapid pace of developments in the area of mobile finance, the Federal Reserve Board began conducting annual surveys of consumers’ use of mobile financial services in 2011. This 78-page report, “Consumers and Mobile Financial Services” (March, 2015) examines trends in the adoption and use of mobile banking, payments, and shopping behavior and how the emergence of mobile financial services affects consumers’ interaction with financial institutions.
mFoundry
With more than 250 clients, mFoundry is a leading provider of mobile solutions for banks, credit unions, and retailers. The company’s products are based upon a market-proven platform that was designed to help clients create deeper, more valuable relationships with their customers.
Founded in 2004 by Drew Sievers and Rodney Aiglstorfer, mFoundry started with a vision of finding an alternative to the conventional approach of mobile application development. Leveraging roots in customer marketing and technology, the mFoundry team continues to evolve products to provide clients with solutions that add real value and revenue to their businesses.
Over the past 6 years, mFoundry’s customer-focused solutions have become the dominant solution for mobile banking and payments, and have been adopted by some of the largest banks, credit unions, payments processors, and retailers in the country.
mFoundry is headquartered in Larkspur, California.
More information: mFoundry