Customers Bank upgrades mobile app for P2P money transfer

Source: Customers Bank

Customers Bank today announced the release of version 4.0 of their mobile app, CB Access.

This new version includes three major additions that are designed to enhance the customer experience when using CB Access.

Version 4.0 of CB Access keeps Customers Bank at the forefront of mobile banking, said Warren Taylor, Executive Vice President and President of Community Banking at Customers Bank.

"We are constantly looking for ways to improve the CB Access platform so that our customers can do their banking when and where they want to with as much ease as possible," Taylor said. "The new additions do just that, expanding mobile banking convenience and security."

The new additions are:

Trusteer Mobile Security - As part of its multi-layered security program, Customers Bank has partnered with an industry leader, Trusteer (an IBM company), to provide a significant layer of mobile security free of charge for customers to protect them while they bank, surf or shop using their mobile device.

P2P Money Transfer Service - P2P stands for person-to-person money transfer service. It allows Customers Bank customers to send money securely to others with just an email address or mobile number.

Spanish Content - All content will be available in both Spanish and English.

Taylor pointed out several advantages of the new enhancements.

"Trusteer Mobile Security gives our customers peace of mind while using their mobile device," he said. "It's a similar level of security that they have when they do online banking."

"The introduction of Spanish content gives consumers who do not speak English, or speak English as a second language, greater access to mobile banking," Taylor said.

"Few financial institutions have this feature available as far as mobile banking is concerned," he noted.

"P2P Money Transfer Service provides customers with a convenient way to transfer money to family, friends or other individuals," Taylor said.

"It's a fast, safe way to make money transfers to others using a smart phone, especially if you don't have immediate access to a computer or the time to run to a bank branch," he explained.

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