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Mobile Banking Malware on the Rise Amid Rapid Adoption

Fintech News

Mobile banking is a rapidly growing market that’s projected to hit a value of US$7 billion by 2032. The 2023 study, which analyzed malware targeting banking apps, uncovered that 29 malware families targeted 1,800 banking applications across 61 countries last year.

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NEW DATA: 43M Consumers Are Holding Out On Mobile Banking Apps — How Banks Can Change Their Minds

PYMNTS

Not only are many account holders visiting brick-and-mortar branches less often than they did before the pandemic, but many are also more reliant on digital banking channels — particularly mobile banking apps — than they have ever been. PYMNTS research shows that consumers are 8.7 According to PYMNTS research, 25.8

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Sensor Tower Reveals Consumer Mobile Spending Habits: Growing Appetite for AI Features

The Fintech Times

In its latest research, the firm uncovers how consumer spending on apps has evolved in the past year. In total, the State of Mobile report for 2025 by Sensor Tower, shows there has been a 13 per cent year-over-year (YoY) increase in subscriptions and in-app purchases. Food and drink app downloads (+8.5

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Citizens Financial Takes Digital-First Approach For Post-Pandemic Future

PYMNTS

Consumers were forced to swiftly adapt to a world where their primary way to interact with businesses or banks became digital-first, with the pandemic seemingly increasing the number of consumers turning to digital tools to conduct their financial activities. PYMNTS research found that 21.6

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New Report: How Behavioral Analytics Help FIs Block Fraud At The ITM

PYMNTS

Digital banking is reaching unprecedented levels of popularity amid the pandemic, with 89 percent of American bank customers using mobile banking apps to manage their savings and checking accounts. For more on these and other digital-first banking news items, download this month’s Tracker. billion by 2024.

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Factors Driving Consumer Demand For Banking App Controls

PYMNTS

In fact, recent PYMNTS research shows that most consumers believe they can do a better job of identifying and protecting themselves against fraud than their FIs, with 71.2 Despite widespread demand for greater mobile banking authentication controls, only 39.9 percent) or using mobile card controls (63.5

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New Tracker: Business Banking’s Mobile Momentum Mounts

PYMNTS

American consumers have fallen for mobile banking apps, but up to now, most businesses were not seemingly showing apps the same love. With the number of mobile banking customers now outnumbering those who bank at branches for the first time, consumers have warmly embraced banking via mobile apps.