How Bell & Union Banking is changing the way we buy, use and store our money
How Bell Bank and Fifth Third Bank are making it easy to access money online and on your phone.
Now available on iOS and Android devices, the banking app lets you access your money instantly from your Apple iPhone, iPad or Android smartphone.
It’s a significant change for consumers and a significant boon for the global banking industry, which has seen a rapid growth of mobile payments in recent years.
“This is a big change for us,” Bell Bank chief executive Peter Hirsch said.
“Our customers have come to expect access to their money in a way that was never possible before.
They’ve come to accept the new technology.”
Hirsch said the new feature allows you to send money from your phone to the bank’s mobile payment app or from your smartphone to the app on your Apple device.
You can also make purchases using the app, or transfer funds from your iPhone to your bank account, using the same process.
The app’s launch comes just as the U.S. banking industry is gearing up to celebrate the centennial of the first national bank.
The U.K. and Canada are set to celebrate their centennial celebrations on Oct. 4.
“We have an incredible team working on this,” Hirsch told reporters on a conference call Thursday.
“This is one of the largest payments innovation programs in the world.”
The new banking app also lets you make purchases and transfers, including using Apple Pay.
The app is free to download.
The U.N. has been pushing for greater access to financial services for billions of people worldwide.
It has called for banks to be regulated as a central clearing agency that handles payments.
It also wants to expand the banking sector into a “transnational financial hub” where payments can be made worldwide, including by mobile devices.
Hirsch says Bell &ad.banking will expand its global payments offerings to include mobile payments as part of its efforts to expand access to banking for millions of people around the world.
Hensch said the bank is committed to building out a mobile payment network across the U.
“That means you can be part of the global payment ecosystem that we are creating for you,” he said.
“The new Bell & Union Banking app is a major milestone in our effort to make sure that your money is accessible at home, wherever you are, and everywhere.