More banks plan to launch mobile banking products fortheir corporate customers this year, but it still may take time fortreasury customers to warm up to the mobile apps.

A couple of surveys conducted at the Association for FinancialProfessionals' annual meeting in Las Vegas last October suggestthat only a minority of treasury professionals currently usesmartphones or tablets to handle banking chores. A Capital Onesurvey showed 32% of finance and treasury professionals attendingthe AFP meeting used a corporate mobile banking product, while asurvey by ACI put the portion of finance workers using mobilebanking at 27%.

The low level of use in part reflects a lack of availability.“There have been very few banks offering this to their middlemarket or corporate customers,” said Christine Barry, researchdirector at technology consulting company Aite Group.

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