32%
The portion of U.S. consumers surveyed who have received a chip card from their issuer who know that the United States is moving to chip cards.
Source: ACI Worldwide August 2015 Survey
59
The number of transactions that the average American consumer had in October 2012, including purchases and bill payments. 23 of these 59 payments involved cash.
Source: The 2013 Federal Reserve Payments Study: Recent and Long-Term Trends in the United States: 2000–2012
$21
The average value of a cash transaction, compared with $168 for checks and $44 for debit cards.
Source: The 2013 Federal Reserve Payments Study: Recent and Long-Term Trends in the United States: 2000–2012
123456
The most common password every year since 2011, when SplashData started compiling an annual list of passwords. The second-most common is "password."
Source: SplashData, "'123456' Maintains the Top Spot on SplashData's Annual 'Worst Passwords' List"
87%
The portion of the U.S. adult population with a mobile phone. 33 percent of all mobile phone owners have used mobile banking in the past 12 months.
Source: Consumers and Mobile Financial Services 2014
82%
The percentage of the 189 southeastern financial institutions (FIs) surveyed that offer mobile banking services. 15 percent of respondents plan to offer services. The 3 percent that do not offer nor plan to offer mobile banking services list security as their top reason.
Source: 2014 Mobile Banking and Payments Survey of Financial Institutions in the Sixth District
50%
The percentage of responding FIs that support all three mobile banking platforms: text, web, and mobile banking applications. 57 percent of the banks that responded supported all three platforms compared to only 39 percent of the credit unions that responded.
Source: 2014 Mobile Banking and Payments Survey of Financial Institutions in the Sixth District
Nancy Condon
Editorial Director for Economy Matters