#2001: Malauzai's Allan Brown Shares Key Trends in P2P and A2A Mobile Transactions in Quarterly Tech Report...

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Malauzai (a Finastra company) VP & GM, Digital Community Markets Allan Brown joined us to share Malauzai's latest quarterly Monkey Insights Report, covering key trends in P2P and A2A mobile transactions and what it all means for financial institutions.

The report's data was compiled from more than 400 banks and credit unions and covers over one million active internet and mobile banking users. Here are some key highlights from the report:

• Over the past four years, there has been a 373% rise in picture payments.
• Of the over 200,000 digital bill payments made in July 2019, 67% were conducted through mobile devices.
• Consumer digital payments saw an increase over the last year. The number of payments made online rose from an average of five payments per user in 2018 to over six per user per month in 2019.

Check it out and let us know your thoughts.