More and more consumers are turning to mobile, which is why banks are hurrying to make mobile account opening the norm for their financial customers, according to a study released yesterday by technology provider Avoka.

Mobile account opening is available for around 40% of banking product types in North America and Europe, Avoka’s State of Digital Sales in Banking Report found.

Meanwhile, about half of the product types in Australia have the capability available, according to the report, which looked at the top 50 banks across North America, Europe, and Australia.

While this trend is growing for all types of financial accounts — consumers, business owners, and investors are all growing more comfortable using their smartphone to manage their money — personal banking products remain the top priority, with 60% of banks surveyed citing they had this capability at the ready, the report stated.

However, mobile accounts availability for wealth management are growing fast: while only 7% of North American banks surveyed had this capability last year, 29% stated that this was available for there customers in the 2018 report.

Take a look at the full report here.