FinAi News

No products in the cart.

Subscribe
  • News
  • AI News Tool
  • Data
  • Transactions
  • Events
    • FinAi Banking Summit
    • FinAi Lending Summit
  • Podcast
  • WEBINARS
    • Webinar Library
Log In
No Result
View All Result
  • Banking
  • Lending
  • Payments
  • Risk & Security
  • Strategy
FinAi News
  • News
  • AI News Tool
  • Data
  • Transactions
  • Events
    • FinAi Banking Summit
    • FinAi Lending Summit
  • Podcast
  • WEBINARS
    • Webinar Library
BAN PLUS
Log In
No Result
View All Result
FinAi News
No Result
View All Result

Mobile Logins Triple at Bank of the West After App Enhancement

Philip RyanbyPhilip Ryan
March 4, 2013
in Banking, Payments
Reading Time: 2 mins read
0
Share on Facebook

botw_mobile2San Francisco-based Bank of the West has tripled account logins with the release of a significant update to its mobile app in early February, adding features to its existing iPhone app and introducing an iPad app and an Android app.

The update introduced key features such as mobile check deposit and bill pay.

The apps all received another, smaller update February 28.

Another major feature introduced with the updated app is Quick Balance, an opt-in feature that allows users to view account balances by just opening the app and swiping downward, rather than entering their username and password and navigating to account balances within the app.

Quick Balance resulted from Bank of the West looking at its mobile data and drawing a clear conclusion. “80% of users are going into the app to look at their balances,” said Matt Krogstad, VP of mobile banking and payments. [Krogstad will be presenting on mobile banking at our Bank Innovation 2013. See here.]

Quick Balance will save them the trouble. “5% of users have opted into Quick Balance with no marketing,” Krogstad added. “Three fourths of users check their balance at least once a day.” Marketing for the service will begin later this month after branch and call center personnel are trained to use the service.

The training method is straightforward: “We get them to use the service,” Krogstad deadpanned.

In the two weeks following the Feb. 10 update, the bank saw the number of regular app users increase by 50% and a three time-increase in account touches, a number that includes account views using Quick Balance.

Bank of the West is also working to integrate mobile into the branch experience, and to bring mobile to small business customers.

Bank of the West has 700 locations in 19 states. Its mobile app first launched in June 2011.

Learn more about mobile banking trends at our upcoming invitation-only Bank Innovation 2013. Click here to register or for more details.

Tags: Bank of the Westbill paybranch bankingmbankingmobile bankingRemote Deposit CaptureSales & Marketing
Previous Post

PFM 2.0: Forget Pie Charts, Customers Want Help with Real-Time Decisions

Next Post

Is Application Performance Management Becoming Obsolete?

Related Posts

The Anthropic Claude logo.
Banking

Anthropic pitches new Claude tool for financial advisers

September 14, 2026
simple
Banking

Truist to use gen AI for personalized alerts, outreach

September 10, 2026
platform
Payments

Half of BNY employees are building their own AI agents

September 10, 2026
Next Post

Is Application Performance Management Becoming Obsolete?

Please login to join discussion

EMERGING FINTECH DIRECTORY

Emerging Fintech Directory

FinAi Podcast

SPONSORED

Build an Antifragile Strategy to Outperform the Market

July 14, 2026

How AI and Product Experts Turn Fuzzy Requirements Into Focused Dev-ready Roadmaps

April 19, 2026

Is Your Technology Supplier There for You?

April 1, 2026

  • About Us
  • Help Center
  • Contact Us
  • Privacy Terms
  • ADA Compliance
  • Advertise

Connect

twitter linkedin podcast podcast podcast podcast
© 2026 Royal Media
No Result
View All Result
  • NEWS
    • All News
    • Banking
    • Lending
    • Payments
    • Risk & Security
    • Strategy
  • AI News Tool [Beta]
  • DATA
  • TRANSACTIONS
  • EVENTS
    • FinAi Banking Summit
    • FinAi Lending Summit
  • PODCAST
  • WEBINARS
    • Webinar Library
  • SUBSCRIBE
  • Log In / Account

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Unlock This Article

Create your free FinAi News account to access this article and stay informed on how AI is transforming financial services including banking, lending, payments, and risk.

Yes, I'd like to receive FinAi News updates, breaking news, and exclusive AI insights for financial services leaders.

Continue Reading with FinAi News Premium - Less than $2/Day

Upgrade to FinAi News Premium for unlimited access to news, insights, trends, and intelligence on how AI is transforming financial services including banking, lending, payments, and risk.
Upgrade to FinAi News Premium Subscription
No Result
View All Result
  • NEWS
    • All News
    • Banking
    • Lending
    • Payments
    • Risk & Security
    • Strategy
  • AI News Tool [Beta]
  • DATA
  • TRANSACTIONS
  • EVENTS
    • FinAi Banking Summit
    • FinAi Lending Summit
  • PODCAST
  • WEBINARS
    • Webinar Library
  • SUBSCRIBE
  • Log In / Account