
Mobile banking solution
BNZ is launching technology to bring banking functionality to business customers, wherever they may be (view press release). The app will allow customers to check balances and transactions and transfer money between accounts. The app is believed to be the first from a New Zealand bank to be available on iPhone and Android platforms.
BNZ Head of Online, Stephen Bowe, said: “When we spoke with our business customers, every one of them told us that the most important thing to them is the ability to quickly check the balance of their accounts followed by their recent transactions. We took that on board as a starting point, but this is just the beginning for our business customers.”
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