« New Online Banking Report: New Models for Lead Generation | Main | Bank of America iPhone Mobile Banking App Criticized in Early-User Reviews »

Bank of America and PayPal are Only Financial Brands in Apple's App Store at Launch

By Jim Bruene on July 10, 2008 12:43 PM | Comments (0)

Bank of America once again proved its mobile mettle as the only financial institution to have a native app available at the launch of Apple's new App Store (note 1). PayPal also launched an app on Day 1 (see screenshot below). Both are free.

Bank of America iPhone 2.0 App in Apple App Store in iTunes (10 July 2008)

Bank of America iPhone native app in iTunes App Store (10 July 2008)

Apple launched the store today within iTunes (see note 1). There are 552 apps at launch according to Pinch Media, Here's the price breakdown:

  • Free - 135
  • $0.99 - 85
  • $1.99 to $3.99 - 110*
  • $4.99 - 62
  • $5.99 to $8.99 - 35*
  • $9.99 - 82
  • more than $10 - 40*

The new Finance category in the App Store has 23 entries at launch. Most are small utilities for calculating tips or splitting the dinner check. Only two recognizable brands are available, PayPal (lower left) and Bank of America, which by design or omission, is listed not with its name but as simply "mobile banking."

Finance listings in Apple App Store in iTune 7.7 (10 July 2008)

23 Finance apps in Apple's App Store (10 July 2008)

 

PayPal App (10 July 2008)

PayPal app in iTunes Apple App Store (10 July 2008)

Notes:

*Interpolated from graph, plus or minus 3%

1. To view the App Store, download iTunes v. 7.7. Some users including myself (Windows bug?) have reported not being able to see it even after updating iTunes. I was able to access through this link published by TechCrunch.

Comments (0)
Categories: Apple , Bank of America , PayPal , iPhone

Most Recent Posts:

TrackBack

TrackBack URL for this entry:
http://www.netbanker.com/cgi-bin/mt/mt-t.cgi/1930

Leave a comment

Sponsors

Yodlee 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


thebankwatch.com commented on Citibank, Microsoft Join Forces with Bundle, a Personal Finance Site with a Data Bent

Jim Bruene commented on What Does the New Apple iPad Mean for Banking?

Jean-Christophe Capelli commented on FinovateSpring's Lowest Ticket Prices Expire in 3 Days!

Jim Bruene commented on Blippy Demonstrates the Power of Real-Time Streaming of Financial Transaction Data

Jeffry Pilcher commented on Syphr Launches Credit and Loan Info Site, MoreThanACreditReport.com

Structured Settlement commented on Banks Help Fundraising Efforts for Haiti Relief