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Tuesday, September 22, 2020
Home Innovation Barclays app goes through major changes

Barclays app goes through major changes

UK banking group Barclays announced on Wednesday its customers may now securely make payments from current accounts held with other banks from within the Barclays mobile app.

This kind of feature will allow customers to take care of their money management all within one place. The feature is initially being made available to customers who view their NatWest, Nationwide Building Society or Bank of Scotland current account using their Barclays app.

Related: https://everly.eu/2020/03/06/barclays-to-cut-jobs-affecting-1000-employees/

It will soon be rolled out to Barclays customers who are also customers of other banks including Santander, Lloyds, Halifax and Royal Bank of Scotland (RBS).

The service uses the industry-approved Open Banking API technology, ensuring the process is secure for customers, says Barclays. In the next few weeks, Barclays plans to add the ability to save new payment contacts within the app.

https://www.barclays.co.uk/help/mobile-banking/using-mobile-banking/adding-accounts-from-other-banks/

Caroline Ambrose, director, Open Banking, Barclays, says: “Day-to-day life is busy enough without juggling multiple banking apps to stay on top of your finances. That’s why we’re working to make our customers’ lives easier by putting everything in one place and adding features that help them manage their money in a secure and straightforward way.

Read also: Revolut seeking UK banking license because of Brexit

“Payments is the next step in our journey towards giving our customers even more control over their money, and easier ways to do their everyday banking tasks.”

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Jan Cerny
Jan is an innovation enthusiast and Fintech news reporter. He specializes in news distribution, social media, and content analysis.

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