KBC Bank Ireland has launched a mobile app for new customers, allowing users to open, activate and use their bank account at any time within five minutes.
The digital-first bank has launched the app after months of development and testing with consumers and is the latest in a number of product developments. These products are formulated and designed in KBC’s Innovation Hub after a $1.5bn digital investment.
It is said that KBC’s product is attracting attention from Google, global payments provider TSYS and digital benchmarking agency 11:FS.
It has also emerged that the company will be the first Irish bank to offer payments via Fitbit. Statistics have shown that 78,000 customer payments were made via Android Pay and Apple Pay in the first half of this year.
Vice president of Google Payments Products Pali Bhat said, “We’re excited to have worked with KBC to bring the simplicity and security of mobile payments to more KBC customers.”
“Through the Android Pay API, we are able to offer KBC customers a very fast and easy experience in activating new and existing bank accounts for mobile payments.”
Copyright FinTech Global 2017