Karina Barrymore wrote that technology is changing the way we deal with money.
The rise and rise of smart technology has forever changed the way we manage our personal finances.
Banks, financial plans, budgets, lending, savings, and even managing superannuation can now be done "on the road.
Although Internet finance is a major breakthrough more than ten years ago, this time it is a new field of personal finance for mobile phones and tablets.
These wireless devices are rapidly replacing desks.
Walking based on computers and branches
They become the most popular way to manage our money.
According to Deloitte, 30 Australians now use mobile devices for banking at least every week --
Usage doubled last year.
This trend includes a 280 increase in mobile phone usage for ANZ customers in the past year, while ING Direct's mobile banking usage has increased.
The Commonwealth Bank predicts that more than half of online customers will use some sort of mobile device this year, compared with only 14 percentage points two years ago.
Chris Wilson, head of digital global at Deloitte, said mobile internet access will surpass computer Internet access globally and in Australia.
The first visit is based later this year.
"This year's forecast is that mobile devices will replace PCs as the most common network access devices.
"People now want to do anything with their smartphones," he said . ".
Mobile banking may be popular, but most people still don't.
Instead, they mostly check the balance and statements, or only make small money transfers.
"Although mobile banking accounts for all digital banking logins, it only accounts for 9.
"In all digital trading activities," Wilson said . "
However, as more and more people adopt technology and financial institutions to develop better software, the number of transactions is expected to grow faster.
Drew Ainsworth, online head of the Commonwealth Bank, said it would be much easier for people to adopt mobile devices.
"Most people already use laptops or desktops for their finances.
We have about four.
Unworth said that 5 million of active online customers are a very small step for them to become active mobile customers.
However, some things are expected to remain on the table, including more complex transactions and strategies such as investment or financial planning, Unsworth said.
"The desktop experience is richer --
"You can bring together information such as real estate research and share transaction information on a website to make these investment decisions," he said . ".
Despite the mobile trend, the desks of financial institutions are constantly developing and improving. based software.
For example, the CBA wants to introduce a new labeling system that allows customers to Mark transactions as tax-free or work-related, so that they can organize transactions automatically. Other desk-
Improvements to the underlying bank are expected to include budget, savings, property and investment tools within one account.
At present, most of these services are provided through mobile applications from different organizations and are not linked to existing savings or financial planning software.
As people use online applications or tools from rival organizations, these developments are not only for the benefit of customers, but also to prevent customer churn.
"If you give what customers want in the way they want it, that's another reason they stay," Unsworth said . ".
Deloitte's Chris Wilson says the next wave of mobile technology will include phones and tablets with stylus or signature recognition, real-
Time to allow credit card payment over the phone payment transfer and mobile app-
Very useful for shipping, builders and thousands of small businesses without merchant card terminals.
The Australian Securities and Investment Commission also offers a range of free financial applications through its moneysmart. gov.
Au sites that people can download, as do many major banks and financial institutions.
Apple's iTunes says Australia's most popular mobile apps are tax-related, including free apps from the Australian revenue agency.