Aussies use their phone for their banking – only

Australia’s largest bank by customer numbers is Commonwealth Bank. Commonwealth Bank’s group executive for retail banking services, Matt Comyn, said CBA has 5.6 million active digital customers, of whom 3.6 million are "mobile only".

Comyn said 70 per cent of log-ins are through a mobile device. Even older Australians are now going mobile only to do their banking said Mr Comyn.

Source: Banking Day

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