By 2015, this share reached 31.9% and then hit the 40.4% recorded in 2017. Asia Marketing Research, Internet Usage, Population Statistics and Facebook Subscribers-Links to Asia - 35 Countries and Regions 4,294,516,659 est. Bank of America (USA) and China Construction Bank (China) come in third and fourth. From 2009 to 2019, the total asset value increased by $5.67 trillion. Payment statistics These statistics cover important aspects of payment transactions in EU countries. population for Asia in 2020 - Area: 39,365,000 sq km 2,358,272,707 Internet users Global online banking statistics show that the largest share of bank investments ($15.2 billion) went to improving the digital banking experience. About 76.2% of all accounts are checking and savings accounts. While people expect younger generations to use online banking the most, that wasn’t the case in 2017. So, its value has been on a constant rise, especially in developed countries. and trends show that their number has dropped by almost 30,000 between 2016 and 2019 in Europe only. Each of these figures are discussed in greater detail in the sections below. Which bank operates the most branch locations in the U.S.? Ever since Q2 of 2017, the global banking industry’s market capitalization has been over €6.5-7 trillion. In third place, we have families whose income is $50,000-75,000. To get an insurance quote over the phone, call: (855) 760-0699 | Agents available 24 hours a day, 7 days a week! The banking industry plays a huge role in the global economy and is undergoing a huge technological shift. These banking industry stats indicate that the sector struggled even before the global COVID-19 crisis. This 10-year drop represents a decrease of over a third (33.84%). In 2020, in North America, its worth in the sector was $25 billion. In this category, about 17.9% of such families use their smart devices to access their bank accounts. Underbanked households make up 19.9% of U.S. households. For comparison, in 2016, 2017, and 2018, it was $11.98 trillion, $12.46 trillion, and $12.89 trillion. Due to expectations that the federal funds rate will remain the same, consumers are seeing marginally lower rates in a wide range of financial products, including mortgages, loans, and consumer deposit accounts. This mobile banking vs online banking comparison shows how the first concept can soon overpower the latter. Goldman Sachs Group ($53.92 billion) and Morgan Stanley ($53.82 billion) were the only banks with revenues just above $50 billion. These numbers show an increase in online banking usage of nearly 20% (19.26%). . , this isn’t surprising with the US having the highest card debt globally. The monthly fee and waiver requirements vary from bank to bank and state to state. By 2015, this share reached 31.9% and then hit the 40.4% recorded in 2017. Only 1.8% are savings only. Namely, in Europe and the Asia Pacific, the expected worth of AI in banking is even higher at $86 billion and $99 billion. Back in 2013 and 2015 respective 55.1% and 60.4% of families accessed accounts online. By 2026, the global online banking industry is estimated to reach $20.5 billion. We've compiled a statistical reference to help you better understand the current trends and conditions in consumer banking. This percentage made mobile banking the fourth most popular option, following online banking, bank teller, and ATMs, according to, Like high-income households use online banking the most, they also use mobile banking the most. This figure has been continually growing over the past five years.