BMO Harris Bank Launches Mobile Cash: America's Largest Card-less ATM Network
- Smartphone technology allows customers to make ATM withdrawals without removing their wallets, saving time while enhancing security - Mobile Cash immediately available at 750 BMO Harris ATMs - the largest network in the country - New report reveals how digital tools are changing financial habits of Americans
(firmenpresse) - CHICAGO, ILLINOIS -- (Marketwired) -- 03/16/15 -- Editors Note: There are two photos associated with this press release.
BMO Harris Bank today announced the introduction of Mobile Cash, a new technology that allows consumers to withdraw money from an ATM using their smartphone. With the launch, BMO Harris now has the largest network of card-less enabled ATMs in the country.
"Smartphones are quickly becoming the singular device that people use to help manage their life," said Connie Stefankiewicz, Head of North American Channel Strategy and Solutions, BMO Financial Group. "BMO Harris is continuing to invest significantly in technology that is designed to address consumers' evolving preferences.
"Expectations are increasing among consumers in terms of the digital tools and services industries are offering. With personal finances, we know our customers want the ability to take care of multiple financial needs from their smartphone," added Ms. Stefankiewicz.
The QR-based mobile technology allows customers to withdraw cash safely without having to remove their debit card from their wallets, greatly speeding up the time a customer spends at an ATM. Additionally, customer card information is not stored on the phone, enhancing security. Customers can easily locate any of the 750 Mobile Cash ATMs using their BMO Harris Bank Mobile Banking App. An additional 150 ATMs will feature the service June 2015.
Smartphones Having a Positive Effect on Americans' Personal Finance Behavior
A report issued today by BMO Harris Bank revealed that the use of digital personal finance tools and services is having a positive effect on the financial standing of Americans.
The report, conducted by Pollara, revealed:
For more information on BMO Harris Mobile Cash, please visit .
This survey was conducted by Pollara and results are compiled from a random sample of 1,520 Americans 18 years of age and over who own a mobile devise (either a Smart Phone or tablet) between December 11th and December 17th 2014. A probability sample of this size would yield results accurate to +/- 2.5 per cent, 19 times out of 20.
About BMO Harris Bank
BMO Harris Bank provides a broad range of personal banking products and solutions through more than 600 branches and approximately 1,300 ATMs in Illinois, Wisconsin, Indiana, Kansas, Missouri, Minnesota, Arizona and Florida. BMO Harris Bank's commercial banking team provides a combination of sector expertise, local knowledge and mid-market focus throughout the U.S. For more information about BMO Harris Bank, go to the . Banking products and services are provided by BMO Harris Bank N.A. and are subject to bank or credit approval. BMO Harris Bank® is a trade name used by BMO Harris Bank N.A. Member FDIC. BMO Harris Bank is part of BMO Financial Group, a North American financial organization with approximately 1,600 branches, and CDN $672 billion in assets (as of January 31, 2015).
To view the photos associated with this press release, please visit the following links:
Contacts:
Media contact:
Jim Kappel
(312) 461-2478
Internet:
Twitter: (at)BMOmedia
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Datum: 16.03.2015 - 12:00 Uhr
Sprache: Deutsch
News-ID 378640
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contact information:
Town:
CHICAGO, ILLINOIS
Kategorie:
Commercial & Investment Banking
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