APS financial rolls out new mobile banking platform

Digital banking services pioneer APS financial has launched a new mobile platform with functionality that surpasses many of the ‘neo’ mobile banks. Responding to feedback from customers of both SME and consumer accounts, APS financial has expanded its mobile app functionality to provide a comprehensive suite of banking services available on their recently upgraded online site.

The mobile-enabled platform provides an extensive suite of banking services, including the ability to set up a new account via the Cashplus app. Customers can also manage payments and transfers, get instant access to their money or simply arrange overdrafts using their laptop, tablet, mobile browser or by going directly to the mobile app.

The new platform which was developed and launched in only eight weeks to Apple’s App store and Google’s Play store, uses technology from Microsoft owned Xamarin and EPAM, a leading provider of software product development.

The platform provides a consistent, unified and fast user experience between mobile, desktop and tablet devices, but it’s a ‘native’ app that works with the device’s built-in features. In other words, the app not only looks the way the customer expects, it behaves that way too.

APS financial customers who have already downloaded the Cashplus app for debit and credit card products can update their app to the new version from today, with further updates expected throughout the year, including the addition of a biometric login function.

APS financial CEO Rich Wagner said: “The sharing economy has seen a new generation of entrepreneurs who are on the move all the time. These customers told us they wanted full banking capabilities wherever they were and on whatever device they happened to be carrying. This nimble new platform gives them that functionality on the go, saving them not only time, but providing an efficient and seamless experience, backed up by some of the most sophisticated digital banking technology in the world.”

Advanced Payment Solutions Ltd (APS), trading under the name “APS financial”, is a data-driven digital banking services pioneer, which aims to transform the UK’s banking sector and be the first choice digital challenger to banks for SME and consumer customers. Recently nominated as a finalist for Best Business Account for 2017 by Business Moneyfacts Awards, over the last 10 years, APS has developed a wide range of digital banking products.  Through its proprietary technologies, award winning products and superior in house data analytics, APS is able to offer nearly a million customers fast, simple and intelligent banking solutions to efficiently manage their finances and business cash flow.

Authorised and regulated by the Financial Conduct Authority, APS has a full permission credit licence for consumer credit activities (FRN 671140). A subsidiary of APS, APS Financial Ltd (“AFL”) is authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011 for the issuing of electronic money (FRN 900002).

AFL was the first non-bank issuer to gain MasterCard membership and is a member of both the Electronic Money and Emerging Payments Associations.