Do Banking Apps Really Suck?

6793829413_7927c4aa66_o

Editor’s note: This is a guest post by Dave Landry jr, a marketing and finance expert who spends his free time writing and salivating over the latest tech releases.

Before the first ATM machine debuted in 1969, people who needed cash had to go to a bank branch and write themselves a check — if they could get there before the place closed at 3pm. Nearly 40 years later, the mobile revolution ushered in the era of banking on the go. App-based financial management has empowered people to take their finances wherever they go, and to monitor and control their banking from their phone or tablet, 24 hours a day, seven days a week. Awesome, right? Not necessarily. Banking apps can be buggy, fickle, frustrating, unreliable and — in the worst of cases — less than secure.

Common Complaints with the Most Popular Banking Apps

A software consulting firm rated customer satisfaction for the top 53 banking apps in the country. Although great banking apps do exist, the analysis found that customers found many to be confusing or unreliable. The worst of the bunch weren’t even apps at all. When users logged onto the “app,” they were simply redirected to the bank’s mobile site.

Many people complained that their banking app crashed or seized up way too frequently — and that’s when it ...

There’s more to this article! Click the button below to continue reading.

Top recommendations for you: