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5.5 INCH IPHONE 6 TO BOOST MOBILE BANKING USAGE: 25% OF BRITS MORE LIKELY TO ACCESS BANK ACCOUNTS THANKS TO LARGER SCREEN SIZE

Published by Gbaf News

Posted on September 11, 2014

2 min read

· Last updated: December 7, 2018

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iPhone 6 Screen Size to Boost Banking

Clayton Locke, chief technology officer at Intelligent Environments, leading financial services software provider, reveals how the 5.5 inch iPhone 6 – to be announced this evening – will encourage more bank customers to manage their finances via smartphones:

“The larger screen size of Apple’s new 5.5 inch iPhone is set to boost mobile banking usage considerably. According to our recent research of 2,000 UK consumers, a quarter (25%) said they would use mobile banking services more if their smartphone had a 5.5 inch screen, like the new iPhone 6.

Consumers Prefer Larger Mobile Screens

“Consumers told us they would feel more comfortable using the larger screen to check their recent transactions, transfer money and view numerous account balances at once.

Banks Will Offer Enhanced Features

“Banks tell us the larger screen size will allow them to offer consumers more detailed banking information. For example, they now have the screen real estate to provide customers with diagrams, such as spend pie charts and thermometers showing savings progress. For the first time, these types of personal financial management tools will make their way from desktops to smartphones.

Financial Apps Designed for Larger Screens

“At Intelligent Environments, we are currently developing a series of financial services apps which take advantage of 5.5 inch screen sizes. Features will include an instant view of finances plus multiple account transactions on one screen.

“The larger screen size of the iPhone 6 will make the experience better for users. According to our research, 20% of smartphone users are already planning on buying the device when it goes on sale. Financial services providers will therefore need to ensure they are making the most out of the new iPhone’s larger screen size.”

Key Takeaways

  • 25% of surveyed UK consumers would use mobile banking more with a 5.5‑inch screen.
  • Larger display enables richer financial tools like spend pie charts and savings thermometers.
  • 20% of smartphone users plan to buy the 5.5‑inch iPhone 6, indicating upcoming demand shift.

References

Frequently Asked Questions

What did the research reveal about mobile banking usage?
About 25% of UK consumers said they’d use mobile banking more if their smartphone had a 5.5‑inch screen like the iPhone 6.
What new features could larger screens enable in mobile banking apps?
They allow for detailed tools like spend pie charts, savings-progress thermometers, and viewing multiple accounts at once.
How many smartphone users plan to buy the larger iPhone?
Research shows 20% of smartphone users are already planning to buy the 5.5‑inch iPhone 6 when it goes on sale.

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