Silicon Valley Bank launches mobile banking app for businesses

Siliconvalleybank

Mobile banking app

Silicon Valley Bank has launched Apple and Android mobile banking apps for its commercial clients in the US.

Designed specifically to help Silicon Valley Bank’s technology-focused clients, the app helps users manage their finances, schedule and approve payments, and transfer funds securely from the convenience of a tablet or smart phone.

“The SVB mobile banking app is very intuitive,” said Cyriac Roeding, CEO of Shopkick. “It’s a great basis for further functionality, and the account overview is simple.”

Using their existing online banking credentials, Silicon Valley Bank’s clients can log into the mobile banking app to complete a variety of tasks such as monitoring SVB commercial bank accounts and related transaction history. The solution also enables users to chedule outgoing wires and transfers between SVB accounts

“The app works the way our clients want to work because we engaged some of our most innovative clients throughout the design process,” said Bruce Wallace, Chief Operating Officer of Silicon Valley Bank. “Our mobile applications integrate with our online banking platform allowing our clients to, for example, initiate transactions via the app on their tablets, review those transactions in online banking, and approve transactions via the app on their phone. It’s flexible.”

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