Technology

Barclays Launches New Mobile App

Stephen Little Reporter London 8 July 2014

Barclays Launches New Mobile App

Barclays Wealth and Investment Management has unveiled a new mobile banking app for UK high net worth private banking clients to manage their personal bank accounts.

Barclays Wealth and Investment Management has unveiled a new mobile banking app designed to help UK high net worth private banking clients manage their personal bank accounts.

Barclays Mobile Banking is a smart phone application that has already been rolled out to retail and business banking customers and will now be available to UK high net worth private banking clients with a UK sort code and UK mobile number, Barclays said in a statement.

The new application will enable clients to check their personal bank accounts on-the-go, plus other Barclays' services, such as overdrafts and existing mortgages. They will also be able to transfer money and pay bills report lost or stolen debit cards.

It can be downloaded to the iPhone, Blackberry, Android or Windows Smart-phone or iPad.

“We recognise that customer behaviour is changing rapidly with more and more clients embracing mobile applications.  In fact, almost half of all consumer lending in Barclays last month was transacted by customers using mobile applications, with over 2.4 million customers regularly choosing this approach,” said Anne Grim, Global Head of Client Experience at Barclays Wealth and Investment Management.

The launch follows the news that Barclays’ voice biometrics system, currently available to high net worth clients, will be extended to corporate and retail customers by early 2015.

Barclays said it will continue to develop BMB and will be delivering enhancements throughout the year, including its availability to international banking clients.

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