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Banking apps accessed via smartwatches to exceed 100 mln by 2020

The global number of banking apps accessed via smartwatches will reach the 10 million mark in 2017, rising to more than 100 million by 2020, according to a recent research study.

The use of smartwatches to access ‘push’ banking information services has been steadily gaining traction since November, 2014. A number of global banks have launched apps for the wrist, while the launch of Apple Watch in April 2015 further accelerated the demand for wearable banking apps, according to the ‘Worldwide Digital Banking: Mobile, Online & Wearable 2015-2020′ research study issued by Juniper Research.

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