FF News Logo
Monday, June 23, 2025
3609-Banking-and-Payments-Report-Social-Media-Tiles-UK100625LD-FinTech-Finance-Leaderboard-728x90_3 (1)

Breaking News

Money20/20 Europe 2025: First-Timers and Seasoned Pros Share the Experience Conquest Planning Raises $80 Million Series B Led by Growth Equity at Goldman Sachs Alternatives Former Bendigo and Adelaide Bank CEO Marnie Baker joins FinTech Australia board TCF 2025: Temenos and Microsoft Are Driving Innovation Through Agentic AI EXCLUSIVE: “Fixing the Foundations” – Roger Binks, Kani in ‘The Fintech Magazine’ Cyble and FinTech Australia Partner to Fortify Cybersecurity in the FinTech Industry Spinwheel Raises $30 Million Series A to Transform the Consumer Credit Ecosystem Veda Raises $18M Led by CoinFund to Bring Institutional-Grade DeFi Yield to Consumer Apps Through $3.7B+ Vault Platform EuroPA and EPI Launch Collaboration to Expand Sovereign Pan-European Payments Absa Life Goes Live with Sapiens Insurance Platform to Modernize Core Systems and Enhance Customer Journeys GFT & Mambu: Accelerating Core Banking Transformation Using Composable Architecture Algorand Foundation and Paycode Announce Partnership to Expand Financial Inclusion on Blockchain Lead Bank Taps Prelim to Modernize Digital Onboarding for Consumers and Businesses Sokin Becomes Official Global Payments Partner of the British & Irish Lions Men’s Team Naspers Accelerates Growth and Profitability, With 18X Improvement in Ecommerce Adjusted EBIT
10th Anniversary of Mobile Banking Apps | Fintech Finance

May 27 2021

10th Anniversary of Mobile Banking Apps

Share this post:

Share on LinkedIn Share on WhatsApp

In May 2011, the Royal Bank of Scotland allowed customers to manage their banking transactions on their mobile phones. Fast forward to 2021, mobile banking has become commonplace and 76% of people in Britain regularly used online banking apps in 2020, whether it be through their traditional bank or a digital-only bank.

Regardless of its popularity, there is much more that could be done to integrate mobiles with modern self-service digital banking, according to Mark Aldred, Banking Specialist at Auriga:

“More work and greater ambition is needed on how smartphones can replace debit and credit cards including for authentication on self-service devices, transforming the ATM infrastructure and the way customers interact with their banks on a larger scale. Card-less access via smartphone can also be a key weapon in the war against ATM cyber-attacks because the customer doesn’t insert their debit card or sensitive information into a potentially hacked ATM. But the value of mobile and ATM interactions is more than just about security and it can make self-service banking more accessible too.”

People In This Post

Mark Aldred, Auriga | Fintech Finance

Mark Aldred

Auriga

Companies In This Post

Auriga | Fintech Finance

Auriga
  1. Money20/20 Europe 2025: First-Timers and Seasoned Pros Share the Experience

    Event Videos

     Read more
  2. Conquest Planning Raises $80 Million Series B Led by Growth Equity at Goldman Sachs Alternatives

    Funding

     Read more
  3. Former Bendigo and Adelaide Bank CEO Marnie Baker joins FinTech Australia board

    Fintech

     Read more
  4. TCF 2025: Temenos and Microsoft Are Driving Innovation Through Agentic AI

    Event Videos

     Read more
  5. EXCLUSIVE: “Fixing the Foundations” – Roger Binks, Kani in ‘The Fintech Magazine’

    The Fintech Magazine

     Read more
Sibos | FFNews
More On