Banking is going mobile. The largest U.S. banks have been fairly quick to adopt the new technology and are reaping the benefits as millions of users flock to mobile interfaces.
JPMorgan Chase (NYSE:JPM) sports one of the best-received mobile banking platforms. Despite being a relatively small portion of the bank's overall operation, its ability to innovate new mobile products and efficiently serve more customers is good news for investors.
In this video, Motley Fool banking analysts Matt Koppenheffer and David Hanson tell investors why this recent trend benefits JPMorgan, as well as tech giant Apple (NASDAQ:AAPL)
David Hanson owns shares of Apple. Matt Koppenheffer owns shares of Bank of America. The Motley Fool recommends Apple and Wells Fargo and owns shares of Apple, Bank of America, Citigroup, JPMorgan Chase, and Wells Fargo. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.