Though industry observers generally expect mobile banking to become a mainstream technology with consumers, consumers ages 18 to 25 remain the biggest users of the service, new research suggests.

Most consumers 45 and older do not see the added value in mobile banking and have expressed security concerns, concludes New York-based management consulting firm Auriemma Consulting Group in its most recent Cardbeat market-research report. Auriemma based the findings on the results of an online survey of 535 credit and debit cardholders it conducted in March.

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