Tag: mobile banking app

New Bank of America mobile banking features give clients instant one-touch access

Stephanie Beck
Bank of America mobile banking - banking, economy, mobile phone

The Bank of America has announced a new feature designed to improve the mobile banking experience. The Bank of America mobile banking app will soon offer a feature that enables their mobile clients to switch between its app and the apps of its subsidiaries, without having to re-authenticate. These subsidiaries include Merrill Lynch, Merrill Edge, and U.S. Trust. Mobile banking clients can now manage their banking and investing with greater convenience. Without having to re-authenticate between the mobile apps, it is easier for clients to manage their banking and investing…

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HSBC mobile payment app launches through VocaLink partnership

Sam Lambert
HSBC mobile payment

Millions of the bank’s customers can soon use the Pay by Bank application to complete transactions. A new HSBC mobile payment services app will give access to first direct customers who want to use their smartphones to complete shopping transactions. It lets them use the banking app as a direct payment method for purchasing certain products and services in an online store. The HSBC payment app is the result of the financial institution’s partnership with VocaLink. VocaLink is a global company with partnerships including banks, governments and corporations. It launched…

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MasterPass QR code central to Ecobank cashless campaign

L. Green
masterpass qr code - mobile payments

The bank has launched this new solution for merchants in order to let them use mobile devices to accept payments. The EcoBank MasterPass QR code based mobile payments solution launched with small merchants in mind. This service makes it possible for merchants to use their mobile phones to accept payments from their customers. This solution is the result of a partnership between Ecobank and MasterCard in a broader retail payment strategy. Through the MasterPass QR code, Ecobank’s merchant customers can use any mobile device to accept payments. This eliminates the…

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Mobile banking services help young people save their money

Julie Campbell
mobile banking services

A new Halifax Savings survey has shown that 18 to 24 year olds find it easier to save using digital tools. New research has revealed that four out of every five young adults find that online and mobile banking services are helping them to increase their balances and save their money in an effective way. The research also discovered that what is true for younger consumers is not the same for older ones. Among people between the ages of 18 and 24 years of age, 81 percent using their bank’s…

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Touch ID added to American mobile banking app

Julie Campbell
mobile banking

U.S. Bank has now announced that this security upgrade with fingerprint scanning is available. One of the latest announcements from U.S. Bank has revealed that its mobile banking app will now support Touch ID for iPhone users as a simpler way to keep their financial details safe while still conveniently accessing their account. This means that users of recent iPhone generations can use their fingerprints as passwords. According to the U.S. Bank executive vice president and head of omnichannel banking, Gareth Gaston, “We have been looking at ways to use…

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