
OP-mobile savings and investment for iPhone
Finnish financial services group, OP-Pohjola Group, is launching its OP-mobile savings and investment services for iPhone, reports Reuters. The service is designed for experienced investors who want to track stock prices and follow news in support of their investment decisions. The service will allow users to buy and sell orders, monitor their book-entry accounts, read Pohjola Research analyses, stock exchange releases and news from the Kauppalehti business newspaper, and keep their own monitoring list of stocks of their choice. The service also allows users to calculate the number of stocks they would like to buy with a certain amount of money. There are plans to make the service available for Android and Windows Phone in the future.
The announcement follows a recent survey conducted by TNS Gallup that claims the use of mobile banking services is expected to triple in Finland. The survey also showed that during the last 12 months, 11% of Finns aged between 16 and 60 years old have used mobile banking services and 30% said they would like to use it in the future.
OP-Pohjola Group recently launched OP-mobile service for Windows Phone which allows users to monitor their accounts, track the prices of the stocks of Finnish corporations, search the nearest bank branches and Otto ATMs, and pay bills using the phone’s camera that reads the barcode.
Whitepapers
Related reading
Central banks best suited to issue digital currencies
By Aaran Fronda A recent report by the Official Monetary and Financial Institutions Forum (OMFIF) said that central banks rather than private ... read more
Instant payments: innovations inbound for corporates
In 2020, instant payments look set to continue their current trajectory to become the biggest trend in payments. While these schemes already offer numerous benefits to corporates, leveraging innovations such as APIs and request to pay will go some way to unlocking their full potential, argues Michael Knetsch
Obstacles exist for banks to meet ECB’s instant payments goal
The cost of joining instant payment platforms will be one of many hurdles banks and payment services providers must overcome to meet ... read more
Banks must be aware of “biases” in data used to train ML models
Financial institutions need to be conscious of biases in the historical data that is being used to train machine learning (ML) models, ... read more