Turbotodd

Ruminations on tech, the digital media, and some golf thrown in for good measure.

Posts Tagged ‘online banking

IBM Helps ING DIRECT Canada Connect with Mobile, Social Customers

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ING DIRECT Canada's mobile application, developed with IBM, delivers customers with a dashboard view based on their most frequent banking activities.

ING DIRECT Canada’s mobile application, developed with IBM, delivers customers with a dashboard view based on their most frequent banking activities.

IBM is making a fast start with its new “Mobile First” initiative, which is intended to help companies around the world bring all their resources together to strengthen customer engagement, whenever and wherever the customer wants, and on the customer’s favorite device, which is increasingly a mobile one.

IBM client ING DIRECT Canada is applying a “smarter commerce” approach to consumer banking with IBM’s help in meeting the growing expectations of its 1.8 million customers.

IBM announced today that it is working with the online bank to deliver innovative financial services that improve ING DIRECT’s customer experience including simplified account access across mobile devices and social media channels, voice recognition, and advanced security.

ING DIRECT Canada’s mobile application, developed with IBM, delivers customers with a dashboard view based on their most frequent banking activities.

Based on IBM software and services, these innovations support ING DIRECT’s Orange Snapshot initiative, designed to provide its clients greater control to manage their accounts within their increasingly mobile and social lifestyle.

Orange Snapshot gives mobile consumers a complete and simplified view of all their accounts, as well as bill payment and email money transfers, in two easy clicks.

This allows consumers to sign on once from their mobile device, saving time and aggravation from multiple log-ins.

Working with IBM, the bank’s latest mobile innovation allows clients to easily and securely access their ING DIRECT account information from within Facebook’s social networking site.

Clients who opt-in to this app are able to view their account balances, history and pending transactions as well as receive account notifications — real time messages automatically pushed to them within Facebook.

With security and privacy always top of mind, ING DIRECT plans to expand this application further to include transactions such as transfers, bill payments and email money transfers.

Furthermore, ING DIRECT allows clients to share their experiences through Facebook and Twitter to make saving money more intriguing.

In a recent survey, ING DIRECT learned that 52 percent of consumers were able to forego non-essential purchases when they could better visualize the impact of their spending habits.

IBM’s Smarter Commerce initiative is designed to help businesses better connect with the rising tide of digital consumers who prefer to buy through online, mobile and social channels.

It is estimated that there are more smartphones on the planet than humans. According to IDC, by 2016, more than 10 billion smartphones will be in use around the globe. In Canada, more than half of smartphone users bank from their devices — and that number grows higher when looking at users between the ages 18-34.

ING DIRECT continues to work with IBM in seeking new ways to connect to mobile applications in order to advance sales, manage secure transactions, and provide new insights about clients.

The bank has begun experimenting with new voice recognition capabilities on their mobile apps that will allow clients to conduct simple banking transactions by speaking rather than typing or the application can read account information to the customer.

ING DIRECT is also exploring the use of biometrics within their mobile apps for purposes such as client login to improve the client experience while maintaining the highest standards of security. Internal pilots are already yielding positive outcomes.

Recently, Forrester Research, Inc. recognized IBM as a leader in enterprise mobility services, according to the February 2013 report The Forrester Wave TM: Enterprise Mobility Services, Q1 2013.

Based on an analysis of 13 global leaders’ enterprise mobility capabilities and how they stack up, the report indicates that IBM “brings clients a world-class design agency combined with breadth and depth of enterprise mobility consulting both in terms of technology capabilities and global presence.”

You can go here to learn more about IBM’s “Mobile First” initiative.

Bank On The Run

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The Washington Post reported earlier that three of the nation’s four largest banks are about to launch a system called “ClearXchange” that will let customers transfer money from their checking accounts using only a mobile number or email address.

The three banks include Bank of America, JPMorgan Chase & Co., and Wells Fargo & Co., and they expect to add other financial institutions later as they work to build an industry-wide utility for moving money around.

I’ve been with an Internet-only bank since 1996, so for my money, this is long overdue.  Of course, it does beg the question as to how this squares with a service like PayPal.

PayPal being, of course, the e-payments market leader, and which according to this post processed some $27.5 billion (U.S.) in payments in the first quarter.

But enough about money on the move…let’s get Rational for a brief spell.

I mentioned in a prior post that the IBM Innovate software  and systems innovation conference is transpiring in Orlando, Florida, June 5-9.  That’s just around the corner.

You can still register to attend here, and if you’re not sure if you want to make the trip yet or not, try out the sample agenda builder here, which might just tip the balance and send you on your way.

Our world class Rational social media team will be providing expanded coverage of the event this year.  You can follow some of the key social streams (including Twitter, YouTube, and live video coverage via LiveStream) on the IBM Innovate conversations site.

This year, folks can also submit questions for panelists directly from our social spaces for the Day 4 keynote expert panel discussion.

And of course, you won’t want to miss “The Guild’s” Felicia Day, who will be Innovate 2011’s special guest emcee.

In a recent interview with our Smarter Planet blog, Felicia provided a big reveal: Her brother worked for IBM and has been to Innovate numerous times!

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