As smartphone penetration levels in the UK mature, an increasing number of consumers are using banking applications on their smartphones to manage their money from anywhere at their own convenience. Banks are accommodating this change through enhancing their mobile channels ensuring consumers can access their finances and bank conveniently through smart devices. The two million users who signed up to the Barclays Mobile Banking platform in 2013 is a testament to this notion.
Banks must ensure their mobile channel services are kept up-to-date with the increasingly demanding consumer also remaining wary of secure mobile banking. The Barclays Mobile Banking App enables you to keep on top of your finances through statement updates, transfers and pinpointing your nearest branch or cash machine.
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Fresh from its $4.5bn IPO, Nordic payments processor Nets has picked Spire as its partner to help with the physical roll out of mobile payments for Dankort customers.