Lloyds Banking Group has introduced new features to the mobile banking apps of its sister brands.
The new features will enable the customers to share confirmation of payments with acquaintances using automatic payment receipts. The service will send instant alerts to the contacts through WhatsApp, SMS or email, after a payment is made.
Go deeper with GlobalData
The updated versions will also allow the customers track all transactions within the app. The feature supports transaction searches by description or amount simplifying expenditure review.
These new features are available on the Android versions of Lloyds Bank, Halifax and Bank of Scotland. It is slated to roll out on iOS platform later this month.
Lloyds Banking Group retail transformation director Stephen Noakes said: “We are constantly developing new ways to make mobile banking simple and convenient for our customers.
“The latest features make it easier to search statements, as well as offering new ways to automatically keep track of payments with friends and family.”
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataThe addition of new mobile banking features follows the launch of Lloyds Banking Group’s open banking app.
In June this year, the British lender launched open banking app for Lloyds Bank, Halifax and Bank of Scotland.
The service will enable customers to check their savings and credit card accounts from other Lloyd subsidiaries.
With more than 15.9 million online customers, Lloyds Banking Group is one of the largest digital banks in the UK. Around 9.8 million of its customers use banking apps.
