CUA launches mobile app

CUA has launched a mobile banking platform with a mobile app for iPhones and Androids.

The mobile app is part of the financial institution's broader strategy to extend and enhance services for customers.

“CUA Online Banking for Mobile is the first deliverable in a series of service enhancements that we will be rolling out to customers over the coming two years, as part of our core banking transformation program. This program will ultimately deliver a far superior and streamlined online banking experience,” Darrin Northey, CUA’s group general manager, distribution, said in a statement.

Users of the app will be able to view account details and balances, make BPay payments, change login details and transfer funds to registered payees.

Tata Consultancy Service is implementing CUA’s core banking system overhaul, which includes the new app.

CUA is a latecomer to the mobile banking platform, with the Commonwealth Bank releasing a mobile banking service in March 2009.

Mobile banking is now shifting to technology which allows users to send make payments on their smarthpone, with St George recently announcing a pay-to-mobile app which allows users to send payments on their smartphones using a recipient's mobile phone number.

The Commonwealth Bank also announced today that its Kaching mobile payment application is now available on Android phones, which was released seven months ago for iPhones.

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