Indian private sector lender HDFC Bank has introduced a new mobile banking app that will offer the customers better access to the banking services.
The new app was launched at the bank’s Digital Innovation Summit 2018 in New Delhi, India.
Go deeper with GlobalData
It is designed with three basic transaction categories of Pay, Save, and Invest, in a step to streamline banking.
The dashboard of the app also offers the customer a comprehensive view of their profile including all their assets and liabilities with the bank.
HDFC Bank Digital Banking Country Head Nitin Chugh said: “Today, the way that people use the mobile is constantly evolving and our next-gen app reflects this evolution.
“The next gen app is one more step by the Bank in its on-going journey to become a constant part of customers’ life, understand their needs and give products and services that offer a real time experience.”
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalDataHDFC mobile banking app: Features
The new app comes with biometric log-in features to offer better security. Currently, the service of fingerprint and facial recognition is compatible only on iPhone X devices.
It will offer notifications on bill and utilities payments. The app can also be customised to offer personalised notifications based on consumer’s usage and requirements.
The whole mobile banking app now uses simpler terms to make banking easy for the customers. The customers can also add their profile pictures on the app.
In addition, it uses intuitive technology to select between NEFT/IMPS or RTGS based on the size and timing of the transaction.
