To assist couch-bound bankers, Intuit Financial Services, the banking division of Intuit Inc. (INTU), has released an Android™ tablet banking app. With tablet sales expected to reach 19 million in 2013, the new app gives Intuit's financial institution customers another way to reach consumers and provide them with the latest solutions to fit into their increasingly mobile lives. More than 2,800 financial institutions already depend on Intuit Financial Services to provide financial management capabilities that can help increase their customer engagement.

And those mobile transactions are increasing. A recent Intuit study revealed that an average bank consumer interacts with a financial institution 29 times a month via online banking, mobile and tablet device, compared to the 2.4 times a month they visit a bank branch.

The application uses the dynamic touch-screen features of Android tablets to help bank customers and credit union members:

Check account balances and view account transaction history.
Transfer funds between available accounts using drag-and-drop functionality designed for the Android tablet.
See scheduled payments, pay bills on the spot and schedule payments for a later date.
Find nearby branches and ATMs.
Connect with their financial institution's mobile website.

Meets Growing Demand for Android

"Android tablet adoption increased by more than 50 percent over last year," said John Flora, director of product manager for Intuit Financial Services. "So we created a customized banking experience for an increasingly popular device.

"Anyone who has fat-fingered a Web banking application on a touch screen knows how frustrating it can be. Financial institutions need to offer customers a wide breadth of technology choices, whether it's a native app or a mobile optimized experience, to stay relevant to the customized experiences people expect. Our Android tablet banking app provides financial institutions one more way to engage withngagengage with a growing segment of customers who expect to bank on a mobile device."

The Android app is already gaining traction among financial institutions and their customers.

"Sharon Credit Union is maintaining the momentum with the latest tablet banking app for Android tablets," said Brian Arcand, senior information officer for Sharon Credit Union, with five locations in Massachusetts. "In addition to our iPad app, members with Android tablets, including Amazon's Kindle Fire, can now manage their accounts with this intuitive user interface."

The app works on all seven- and ten-inch tablet devices, including Amazon's Kindle Fire. It is available through Google Play™ Store and the Amazon Appstore under the brand name of the bank and credit union that offers it.