« Mint's Coming-Out Party at TechCrunch 40 | Main | Firethorn and Monitise Make Major Announcements »

Bank of America: Mobile Banking Demo Done Right

By Brandon McGee on September 18, 2007 3:30 PM | Comments (0)

BofA_9-17-07_2.jpg

As I have written before on my blog, Mobile Banking, all financial institutions benefit when the large U.S. banks begin promoting the channel; what follows is another perfect example.

 

Here is a well-designed, interactive demo from Bank of America. The bank did an outstanding job illustrating various situations where mobile banking can save time.

The demo covers the critical topics including:

  • View Balances
  • Pay Bills
  • Transfer Funds
  • Find Locations
  • Security
  • Get Started

 

In addition, the demo effectively incorporates a good cross section of target users:

  • Jeanie – young, on a budget, needs to view her balance before a shoe purchase
  • Jim – a white collar professional, traveling on business, needs to pay a bill
  • Samantha – a busy mother of two, needs to transfer money to cover a bill
  • Jake – a traveling student, is out of money and needs to find a branch

If you recently either have launched a mobile solution, or are preparing to do so, I highly recommend that you develop an interactive demo. It will help facilitate client adoption and reduce costly inquires to your already-busy call centers.

Brandon McGee is vice president and senior product manager at The Huntington National Bank. He is not only the real deal, a genuine industry insider, but also knows exactly what's on the minds of financial service pros as they contemplate the various mobile options. For more great content, check out his blog, Mobile Banking.

 

Comments (0)

Most Recent Posts:

TrackBack

TrackBack URL for this entry:
http://www.netbanker.com/cgi-bin/mt/mt-t.cgi/1756

Leave a comment

Sponsors

WorkLight Yodlee IntelliResponse Wesabe


Sponsored Links

Events

  • FinovateSpring 2010 -- Dozens of handpicked fintech companies demoing their newest innovations in the entrepreneurial hotbed of San Francisco. 7 minutes each on stage to demo. No slides. A single value-packed day on 5/11/2010. Get your early-bird ticket today!

  • FinovateFall 2010 -- Dozens of handpicked fintech companies showcasing their latest & greatest in the financial capital of the world -- NYC. 7 minutes each on stage to demo. No slides. A single value-packed day on 10/05/2010. Get your early-bird ticket today!

Research

  • NEW! Making the Case for Person-to-Person Payments: Does mobility provide the tipping point for bank-branded P2P? - Find out more
  • NEW! Attracting Small Businesses with Online & Mobile Banking: Underserved segment is prime candidate for alt-delivery - Find out more
  • 2010 Guide to Online & Mobile Banking Products, Pricing & Strategy: Your roadmap for business planning - Find out more
  • Improving Online Account Opening ROI: Ten strategies to increase online application conversion rates - Find out more
  • Connecting to Customers with Twitter: The comprehensive guide to Twitter for financial institutions - Find out more
  • Selling behind the Password: Leveraging the marketing potential within online banking - Find out more
  • New Techniques in Secure Online Finance: Sandboxing, keyboard encryption, and real-time mobile integration could lock in more online customers- Find out more

Products & Services

  • Online Banking Services: Compare online banking services and savings rates from the leading financial institutions at Credit.com.

 

   

RSS Subscribe via RSS
RSS Subscribe to Comments



Email:


@NetBanker Twitter Feed



See all @NetBanker tweets

Most Recent Comments


anonymous commented on Launching: HelloWallet is First New PFM of 2010

Hildebrand, The Insurance Warden commented on Mobile Firsts: State Farm Offers Auto Insurance Discounts to Graduates of its Steer Clear iPhone App

David commented on USAA Makes Mobile Banking Better than Online Banking

Suman commented on PNC Bank Takes on Mint & Quicken with PNC Virtual Wallet

Kevin Lynch commented on Twittering Vantage Credit Union Taps Geezeo for Online PFM

Amad Ebrahimi commented on Great Recoveries: Major Banks Respond to Negative Blog Items Immediately