24 February 2018
visit www.nextgenbanking.co.uk/

Commerce Bank launches mobile private banking service

16 May 2007  |  1660 views  |  0 Source: Commerce Bancorp

Commerce Bancorp (NYSE:CBH), "America's Most Convenient Bank," today announced that its proprietary, web-based private banking platform, Virtual Private Bank, is now available for its customers via their Blackberry, Treo or any other PDA with an internet browser, including the iPhone.

While other financial service firms offer account aggregation services and calculators online, Commerce Bank is the first to deliver a highly sophisticated wealth management tool onto a wireless device, allowing customers to view all their pertinent information.

The move enables Commerce Bank's private banking customers to seamlessly access all of the information they need and care about, on a device that they typically never leave home without. This technology equips clients with an up-to-date financial picture of all of their assets, and organizes other important information -- such as stock trackers, medical and insurance information, account numbers, world news, weather, sports and even their favorite wines.

"Private banking customers need to be able to see all of their updated holdings wherever they happen to be," said Commerce Bank Founder and Chairman Vernon W. Hill. "Moving Virtual Private Bank onto customers' Blackberries and other mobile PDA devices was the next logical step for Commerce, giving high net worth customer's instant access to their private banking information and important data from poolside, in their cars or on the golf course."

Virtual Private Bank is provided through eMoney Advisor (http://www.emoneyadvisor.com/), a wholly owned subsidiary of Commerce Bank and a leading provider of holistic wealth planning and client-management solutions for the financial planning industry. eMoney Advisor was acquired by NJ-based Commerce Bancorp in January 2006 -- uniting "America's Most Convenient Bank" with America's best online wealth management system.

Commerce's Virtual Private Bank offers an aggregated, comprehensive view of clients' financial portfolio, aggregating all of their assets -- from stocks and bonds, to artwork and even frequent flier miles and other point programs. In addition to highly sophisticated planning and scenario analysis tools, Virtual Private Bank also provides an online document storage Vault, so clients always have access to key legal, medical and financial documents.

"Commerce Bank understands that strong private banking operations rely on marrying top financial experience with concierge-like services for its customers," said Edmond Walters, CEO of eMoney Advisor. "Taking Virtual Private Bank into the wireless space brings the best of technology and service to its customers, highlighting the convenience that the bank is famous for."

Comments: (0)

Comment on this story (membership required)

Related blogs

Create a blog about this story (membership required)
visit www.nextgenbanking.co.ukvisit www.swift.com/your-needs/instant-paymentsVisit www.vasco.com

Top topics

Most viewed Most shared
Ripple makes new connections to emerging marketsRipple makes new connections to emerging m...
11785 views comments | 16 tweets | 10 linkedin
hands typing furiouslySome Interesting Applications Of The Inter...
10325 views 3 | 9 tweets | 1 linkedin
Basel Committee outlines disruptive fintech scenariosBasel Committee outlines disruptive fintec...
8563 views comments | 15 tweets | 26 linkedin
Investment Association sets up fintech accelerator for asset managersInvestment Association sets up fintech acc...
8088 views comments | 19 tweets | 10 linkedin
R3 creates Legal Centre of Excellence for blockchain technolgyR3 creates Legal Centre of Excellence for...
7770 views comments | 10 tweets | 14 linkedin

Featured job

Competitive base + commission
London, UK

Find your next job