23 October 2017
visit www.response.ncr.com

Wells Fargo introduces mobile banking for business customers

18 May 2007  |  12913 views  |  0 wells fargo logo web screen shot

US bank Wells Fargo has begun rolling out a new mobile business banking service, CEO Mobile, to select customers.

The initial version of the CEO Mobile service, which was made available to a small number of business customers on 30 April, delivers key treasury reports through a secure browser, says Wells Fargo.

The bank plans to add new functions later this year including wire approvals, image positive pay exceptions and administrative tools such as password resets. "With each new step, we'll gather customer feedback and refine our interface to ensure it's usable, streamlined and simple," says Megan Minich, who leads the mobile technologies team for Wells Fargo's wholesale Internet and treasury solutions.

Wells Fargo says the system uses the same strong security features as its Commercial Electronic Office (CEO) portal including protecting data with 128-bit Secure Socket Layer (SSL) encryption, and enforcing session time-out rules.

Commenting on the new service Steve Ellis, head of Wells Fargo's wholesale services group, says: "We want to be where our customers want us to be - at the office, in meetings, out of town, wherever - and provide information when they need it so they can act on it."

"Our business customers need to make decisions instantly, instead of waiting to get back to the office or calling someone to complete a crucial transaction," he adds.

Wells Fargo claims it is the first major US financial services company to offer mobile service for businesses.

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

Citi launches mobile banking application

Citi launches mobile banking application

03 April 2007  |  13965 views  |  0 comments
Wells Fargo sells Instant Cash Services business to First Data

Wells Fargo sells Instant Cash Services business to First Data

16 March 2007  |  9319 views  |  0 comments
Bank of America to introduce m-banking

Bank of America to introduce m-banking

13 February 2007  |  12270 views  |  0 comments
Wells Fargo extends free online stock trading lure

Wells Fargo extends free online stock trading lure

13 February 2007  |  7468 views  |  0 comments
Bank of America and Wells Fargo offer $80,000 for arrest of ATM thieves

Bank of America and Wells Fargo offer $80,000 for arrest of ATM thieves

09 January 2007  |  10841 views  |  0 comments
Wells Fargo upgrades Internet security

Wells Fargo upgrades Internet security

29 August 2006  |  8818 views  |  0 comments
Wells Fargo launches new small business banking package

Wells Fargo launches new small business banking package

08 August 2002  |  5298 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.niceactimize.comvisit www.fivedegrees.nl

Top topics

Most viewed Most shared
Mastercard to roll out blockchain APIMastercard to roll out blockchain API
19008 views comments | 26 tweets | 38 linkedin
HSBC partners Bud for open banking trialHSBC partners Bud for open banking trial
15069 views comments | 23 tweets | 32 linkedin
Sibos 2017: API or the highwaySibos 2017: API or the highway
10923 views comments | 12 tweets | 23 linkedin
Eight banks form joint venture to launch blockchain trade platformEight banks form joint venture to launch b...
8953 views comments | 14 tweets | 28 linkedin

Featured job

Competitive base, double ote, benefits
London, UK

Find your next job