Mobile banking apps usage predicted to surpass online banking by 2019

Mobile banking apps - Increase in mobile banking over computers

More and more consumers are turning to their smartphones for their banking needs. The CACI reported that 22 million people chose to use mobile banking apps to manage their accounts via their smartphone in 2017. It’s forecasted that by next year (2019), more consumers will choose their phone for banking than their computers. 35 million people are expected to bank via a smartphone app by 2023. In addition to this CACI report prediction, it was said that by 2023, consumers would likely visit a bank branch only twice per year.…

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Android app tracking improperly follows children, study

Android App Tracking - Children with mobile phone

Despite Google’s strong privacy track record, it has allegedly allowed thousands of apps to track kids. Google, known for its positive track record with personal data security, has allegedly allowed improper Android app tracking of children. This does not imply that the company itself has been gathering data about kids. That said, it has not prevented third parties from doing it through apps running on its mobile operating system. In that area, Google has a far less impressive track record for protecting its youngest users. This is not the first…

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Spotify IPO a resounding success on Wall Street

Spotify IPO - Sucess - music streaming - wallstreet - spotify sotcks

The circumstance has left many wondering what it will mean for music streaming’s future. The Spotify IPO has been labeled a powerful success, though many are now curious about what it will do to music streaming. The Swedish company now has a valuation of about $26.6 billion. On its first day, Spotify’s market share skyrocketed but has fallen since that time. The share prices fell following the Spotify IPO as a result of less-than perfect confidence in the company’s business model, reported Reuters. That said, the company’s performance may say…

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The Pokémon Go craze is over but huge Lawsuits remain

Pokémon Go Mobile App - AR Mobile Game

The mobile app fad practically took over the world during the summer of 2016, leaving problems behind. Pokémon Go was one of the hottest mobile app crazes the world has ever experienced. Moreover, it was by far the most popular example of augmented reality to date. That said, while the application’s use has faded away, many of the problems it caused continue to exist. Unfortunately, some of the AR app users failed to exercise common sense while they played. As a result, many homeowners experienced a significant amount of trespassing.…

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MyFitnessPal mobile app security breach affects 150 million accounts

Setting Out a Case for Facial ID Recognition

The hack has exposed the email addresses and passwords of its users who have now been advised. The popular MyFitnessPal application from Under Armour has experienced a massive mobile app security breach. The hack extended to both mobile users and those using the official website. The cybersecurity breach occurred in February and revealed usernames, email addresses and passwords. An estimated 150 million users were affected by the mobile app security failure, said Under Armour. Users who may have been impacted by the breach are in the midst of being advised.…

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