Lloyds TSB’s new m-banking apps have reportedly been downloaded more than 360,000 times in the
first month of its launch.

Lloyds TSB rolled out its first, free, mobile
apps on the four Smartphone platforms – Apple, Android, BlackBerry and Nokia
on 10 October.

The m-banking apps enable Lloyds TSB customers
to view account details and balances on personal and savings
accounts as well as credit cards.

Customers are also able to view
mini-statements, make transfers between Lloyds TSB personal
accounts, pay bills, set up new payment recipients, and find ATMs
and branches.

Director for digital banking at Lloyds TSB,
Ashley Machin, said that the large number of downloads of Lloyds
TSB m-banking apps have come “purely through word of mouth”, and
the lender expects to double the number of downloads by the end of
November.

Machin added, “By launching Lloyds TSB mobile
banking simultaneously on the four most popular app platforms, the
majority of customers can take advantage of the new app to help
them control their money on the go.”

GlobalData Strategic Intelligence

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 GlobalData

Lloyds TSB already offers m-banking services
including text alerts and money manager.