Standard Bank Gearing up to Launch the First Ever Smartwatch Banking App

Published By : 11 Jun 2015 | Published By : QYRESEARCH

We live in a time when technological advances have forayed in every walk of our life. The innovation of latest smart devices has made more life more convenient than ever. Taking a step further Standard Bank is hoping to be the first of the banks to welcome the smartwatch technology. The bank is planning to release the first ever smartwatch app before the year comes to an end. 

The bank has made a formal announcement of its plan of launching a smartwatch app earlier today. The spokesperson revealed that the app is at present undergoing a pilot phase wherein it is being tested with a certain number of users. The app according to the spokesperson, will be available to the users by September end.

Speaking about the latest innovation, Magnus Taljaard said, that the company is looking forward to innovate ways that would make its consumers’ lives more convenient. The primary aim behind launching this smartwatch app is to make banking a seamless inclusion in the daily lives of consumers. The technology will help the customers to manage their finance in a more convenient and accurate way. Magnus Taljaard is the Head of the Digital Customer Solutions Department at Standard Bank. 

The first edition of the Apple Watch app by Standard Bank will include balance peek feature. This feature will allow customers or users to keep a track on their latest account balances, without the need of logging into the internet banking each time either on their smartphones or personal computers. 

These app therefore, will come handy during the moments when one needs to check their account balance unobtrusively in a hurry.
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