21 July 2017
visit www.avoka.com

Malauzai develops business mobile banking app

27 February 2014  |  1382 views  |  0 Source: Malauzai

Malauzai Software Inc., a provider of mobile banking SmartApps for community financial institutions, has developed a mobile banking app for banks' commercial account holders.

The Business Mobile SmartApp has been implemented by New Castle, Ind.-based Ameriana Bank.

With Business Mobile, commercial account holders have access to features created specifically for business users, including a full integration with the commercial banking platform, the ability to manage accounts across multiple entities and the capability to view multiple account balances. The SmartApp employs the high security standards and controls required in a mobile business environment and users are able to customize the parameters of the app through their financial institution, including entitlements and functionalities available to individual employees.

"Malauzai developed our personal banking SmartApp in 2011 and has been our mobile banking provider since," said Deborah A. Bell, SVP and Chief Information Officer of Ameriana Bank. "When we were presented the opportunity to launch the Ameriana Biz app through Malauzai, we jumped at the chance. Few people are without a smartphone, and we want our customers, both personal and commercial, to be able to conduct banking in the palm of their hand."

During a survey conducted by Capital One at the Association for Financial Professionals Annual Conference, 48 percent of the participating finance professionals said their companies have plans to implement new treasury management tools and/or services this year. In addition, 66 percent of small business owners surveyed for an annual survey conducted by consulting firm ath Power said they would switch banks for better mobile services.

"It's no secret that commercial accounts drive revenue for banks. Until now, the approach to mobile banking for business has been to make small changes to the existing retail app," said Robb Gaynor, chief product officer at Malauzai. "Business Mobile moves beyond this level to ensure that commercial customers have a unique and truly useful mobile experience that increases loyalty."

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.ncr.comvisit www.finastra.comvisit www.worldpaymentsreport.com

Top topics

Most viewed Most shared
German fintech factory FinLeap raises EUR39 millionGerman fintech factory FinLeap raises EUR3...
12726 views comments | 19 tweets | 15 linkedin
EPC gears up for pan-European instant paymentsEPC gears up for pan-European instant paym...
9891 views comments | 10 tweets | 28 linkedin
Mastercard to buy AI outfit BrighterionMastercard to buy AI outfit Brighterion
8759 views comments | 14 tweets | 20 linkedin
Barclays rides payments-as-a-service wave with investment in Form3Barclays rides payments-as-a-service wave...
7961 views comments | 16 tweets | 12 linkedin
hands typing furiouslyThe Digital Trade Chain: the blockchain tr...
7726 views 0 | 5 tweets | 16 linkedin

Featured job


Brussels or Frankfurt

Find your next job