Commonwealth Bank Joins The App Race

Australian bank Commonwealth Bank has joined the bulging ranks of lenders offering clients alternative ways to view their money.

Keeping an eye on your financial position is now a whole lot easier for clients of CommBank with the release of the new CommBank app for tablet. Pete Steel, Chief Information Officer for Retail and Wealth, Commonwealth Bank, said the new tablet app, released initially for Android with iOS to follow, has a refreshed visual display which will give customers a better view of their finances.

“We know our customers use a mix of devices to meet different banking needs and we are committed to providing the best user experience across all of our platforms. Tablet banking continues to grow in popularity and we wanted to update our existing tablet app with a brand new design to meet the changing needs of our customers,” said Mr Steel.

“Our new CommBank app for tablet now offers an even simpler way to bank and changes how customers can view their money. New visual tools will let customers see their spending patterns to help them better manage their finances.”

The latest app includes Portfolio View, an exciting new feature which lets customers view their financial position in an easy, integrated banking and wealth experience.

“While smartwatch and smartphone devices provide a transactional view of accounts and balances on-the-go, with Portfolio View customers can get a more visual perspective of all their finances in one place, at one time,” said Mr Steel.

“It’s our obligation as Australia’s largest retail bank to give our customers access to information and insights that help them to make more informed financial decisions and manage their money more efficiently.”

The Portfolio View feature will enable customers to get a broader perspective of all their assets and liabilities in one simple snapshot, including:

View a Total Wealth snapshot including an estimate on residential properties.

View all CommBank accounts together, including property, shares and super.

Add, update and remove assets and liabilities from other financial institutions via NetBank.

The CommBank app for tablet is covered by CommBank’s 100% Security Guarantee to give customers peace of mind while banking on their tablet device.

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