As of May 2021, most mobile banking customers in the United States used mobile banking to check their account balance. Moreover, figures were rather similar across generations. In fact, roughly 90 percent of both senior individuals (born before 1946) and Gen Z individuals (born after 1995) performed this activity in the 12 months before May 2021. Additionally, compared to Gen Z individuals, slightly more seniors used mobile banking to pay a bill.
Mobile banking activities performed over the last 12 months in the United States (U.S.) as of May 2021, by generation
Characteristic
Gen Z
Millennials
Gen X
Baby boomers
Senior
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Percentages with respect to all mobile banking customers in each generation.
Gen Z: born in 1996 or later.
Millennials: born between 1981 and 1995.
Gen X: born between 1966 and 1980.
Baby boomers: born between 1946 and 1965.
Senior: born in 1945 or earlier.
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Forbes. (July 29, 2021). Mobile banking activities performed over the last 12 months in the United States (U.S.) as of May 2021, by generation [Graph]. In Statista. Retrieved July 27, 2024, from https://www.statista.com/statistics/1286137/mobile-banking-activities-by-generation-usa/
Forbes. "Mobile banking activities performed over the last 12 months in the United States (U.S.) as of May 2021, by generation." Chart. July 29, 2021. Statista. Accessed July 27, 2024. https://www.statista.com/statistics/1286137/mobile-banking-activities-by-generation-usa/
Forbes. (2021). Mobile banking activities performed over the last 12 months in the United States (U.S.) as of May 2021, by generation. Statista. Statista Inc.. Accessed: July 27, 2024. https://www.statista.com/statistics/1286137/mobile-banking-activities-by-generation-usa/
Forbes. "Mobile Banking Activities Performed over The Last 12 Months in The United States (U.S.) as of May 2021, by Generation." Statista, Statista Inc., 29 Jul 2021, https://www.statista.com/statistics/1286137/mobile-banking-activities-by-generation-usa/
Forbes, Mobile banking activities performed over the last 12 months in the United States (U.S.) as of May 2021, by generation Statista, https://www.statista.com/statistics/1286137/mobile-banking-activities-by-generation-usa/ (last visited July 27, 2024)
Mobile banking activities performed over the last 12 months in the United States (U.S.) as of May 2021, by generation [Graph], Forbes, July 29, 2021. [Online]. Available: https://www.statista.com/statistics/1286137/mobile-banking-activities-by-generation-usa/