The smart phone revolution has taken consumers by storm. There seems to be an application for everything, and there is still a growing demand for more. The banking industry is quickly becoming a leader in the apps arena with a huge variety of mobile banking apps for Android and the iPhone.
The ability to use mobile banking apps has served as a two way street for banks and their customers. Banks have gained a new avenue for promotion through apps, and customers have maximized their time. The need for mobile banking apps has even sparked the creation of websites like MobileBanking.com that are totally dedicated to providing the best banking experiences through the use of apps. The application for Mobile Banking allows you to access your account, track payments, and check your balances from your existing bank accounts. It even allows you to pay bills and transfer funds. It supports more than 3,000 banks and it can be used with mobile devices from several different phone companies such as AT&T, Verizon Wireless, and T-Mobile.
MobileBanking.com may be one the most popular, but many of the large banks offer banking apps exclusively for their branches. Bank of America and USAA are two major corporations that both offer great apps for the customers. These companies recognize the change that has been created through technology, and they have made important efforts to meet the demands of their customers.
The Bank of America app, for example, is a perfect mobile banking app for the iPhone that let customers locate banking centers and ATMs. This application has great security measures that allows users to choose an image and a phrase that is required prior to logging into their account. Once they are logged on they can check the account status and transfer funds.
USAA customers also get the chance to experience the portability of banking applications through their Android phones. USAA apps have features that are similar to Bank of America, but their mobile apps also incorporate useful tools for everyday financial matters. The USAA mobile apps contain a loan calculator, a rental car and ATM locator, and the ability to transfer funds and check balances.
Customers that bank with Chase will also enjoy the mobile banking experience with the Chase Mobile app. This app allows you to view your transaction history, check your balances, and transfer money. It’s another step that the banking giant is taking in providing customers instant information on their accounts.
There are also banking apps offered by the other major branches like Wells Fargo, BBVA, Regions, and a host of others. There are even apps that compare the services of several different banks branches. A website called MyBankTracker.com, for example, has an app that allows you to find banks near you and locate your bank from anywhere in the world. It also has the latest in banking information and rate comparisons for savings accounts.
Many websites like as this offer apps for the iPhone and the BlackBerry, but the Android apps are also increasing in popularity. It is true that iPhone has captured a large percentage of the market, and this affects the apps that are created. At this time there are more iPhone apps available from large corporate banks because iPhone has largest customer base. The tables are turning, however, because the Android is currently the most popular phone on the market. That switches the spotlight to Android applications. This means that Android apps will become as common as the iPhone mobile apps in a very short amount of time.
Owners of the Android are not completely left out of the mobile banking apps world because they have access to so many open source applications. Many iPhone apps are readily available as a direct download from major banking websites. The Android apps, on the other hand, are somewhat smaller in numbers. It usually requires a longer internet search for these applications, but they are definitely out there.
Many Android apps have been developed by programmers that are fans of the open source code communities. The applications that they have been written are usually available for download on community forum websites like TalkAndroid.com. Other websites like FreeAndroidWare.com and FreeAndroidApps.com provide links to apps for Android software. The Techbuzz.com, for example, contains several mobile banking apps for Androids.
The availablity of mobile banking apps for the iPhone and Android mark a major change in technological advancement. It’s an innovation that has allowed customers to save time and add a heightened level of efficiency to their banking experience. They no longer have to wait until they can access a computer to see the status of their checking accounts. Apps that allow users to transfer funds and pay bills from their cell phones may be one of the greatest inventions of this century.