Intuit Financial Services launches retail banking app for iPad

iPad banking

The new app from Intuit’s banking services division, Intuit Tablet Banking, allows people to manage their finances from an iPad. Account holders can use the app to view account balances and transaction history, transfer funds between eligible accounts, pay bills, access their financial institution’s mobile website and locate nearby ATMs and branches. (view press release)

Intuit is tapping into a market in which manufacturers expect to sell over 124 million units globally by the end of the year. The company recently undertook a study of 50,000 mobile banking customers which highlighted that consumers using online and mobile solutions are 45% more likely to interact with their financial institution than those only using online. CeCe Morken, senior vice president and general manager of Intuit Financial Services, observes that “consumers are more mobile than ever and that’s changing how they access their banking information on a day-to-day basis via a multitude of devices.”

Intuit Tablet Banking for iPad is available through the iTunes store under the brand name of the financial institution offering it.           

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