Financial services provider Fiserv has announced that Associate Bank will use its mobile banking and payment app Mobiliti.
The app, available on mobile and tablets, allows customers to deposit checks by taking photos with their phones and make instant person-to-person transactions.
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"Over the past few years, mobile banking has evolved from a convenient way to access account information to a transactional channel," said Val Glytas, senior vice president and director of retail payments, Associated Bank. "Customers now expect to do more using their smartphones and their tablets, and they are increasingly comfortable moving their money using these devices."
Other capabilities from Mobiliti include bill payments, an ATM and branch locator, and built-in calendar and calculator functions.
"According to the 2013 Fiserv Consumer Trends Survey, nearly 30 million U.S. households are using mobile banking and almost 19 million are using tablet banking," said Jim Tobin, SVP and general manager, Digital Channels, Fiserv. "With use of the mobile and tablet channels for financial tasks such as depositing checks and making payments continuing to surge, Associated Bank’s investment in these capabilities will serve them well in 2014 and beyond."
The Associated Bank iOS mobile banking application was recently named as one of the Top 10 highest rated mobile banking applications by The Financial Brand. Associated Bank has already been using Signature from Fiserv, a real-time account processing platform.
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