December 2018 – Mobile Innovators: Next Generation Banking and Investment Apps

​Over the past few years, mobile apps have become the primary service channel for many financial service customers, especially digital-savvy Millennials. While leading financial institutions have invested heavily in their mobile offerings—with most now providing robust client-facing mobile platforms for both iOS and Android devices—a handful of personal finance apps have emerged in recent years, offering innovative alternatives to the technology that mainstream institutions provide to clients. In this Mobile Monitor Report, we review these innovative mobile-first banking and investment platforms as well as the digital-only offerings of two incumbents—Chase and Wells Fargo—attempting to keep pace with new players in the fintech space.

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