In-Brief

Popular rolls out new mobile banking services, iPad app

Developing an app for the iPad was “important” for the bank, given the ongoing growth of the use of tablets among customers. Developing an app for the iPad was “important” for the bank, given the ongoing growth of the use of tablets among customers.

Banco Popular de Puerto Rico announced Monday the addition of new free mobile banking services through its “Mi Banco Móvil” platform, including a tailored app for iPad users.

The new app gives selected customers the ability to deposit checks, categorize transactions, see reports and other money management tools tailored to the device’s dimensions. Furthermore, the app integrates the Touch ID feature already available via the iPhone app.

“One of the features we wanted to add was the money management tool that allows users to view in detail the expenditure and income categories for all of their accounts with the institution and see transaction trends over the last 18 months,” said Camille Burckhart, senior vice president of technology at Popular.

The money management tool, launched in 2012, provides a visual image of the breakdown of accounts and automatically categorizes the type of transaction among several options such as gasoline, entertainment, pharmacy, food, payments, transfers, or allows the user to create their own categories or labels.

Developing an app for the iPad was “important” for the bank, given the ongoing growth of the use of tablets among customers.

“We wanted to provide a sophisticated and more functional mobile banking tool. More than 500,000 customers already use our electronic platforms every month and we are committed to giving them access to the most innovative advances available in the market,” said Burckhart.

Aside from launching the native app for iPad, Popular also announced it will open its mobile check deposit service to all customers starting next month. The service has been in beta testing since May 2014.

Author Details
Business reporter with 25 years of experience writing for weekly and daily newspapers, as well as trade publications in Puerto Rico. My list of former employers includes Caribbean Business, The San Juan Star, and the Puerto Rico Daily Sun, among others. My areas of expertise include telecommunications, technology, retail, agriculture, tourism, banking and most other areas of the economy.

Can we count on you?

As recent events have shown us, independent and responsible journalism is more important than ever. That’s why your support is very necessary to ensure that we will be around for a while!

We want to stay true to our mission of delivering quality journalism…for that, we count on your support. Every contribution, big or small, is greatly appreciated!

Use the PayPal button below and contribute today!


Comment here