As part of its 20 year digital banking journey, leading private sector lender ICICI Bank has revamped its mobile banking app iMobile, enhancing the scope of its functionality for its users.
In its attempt, the bank has made use of technology to render both investment as well as shopping experience via the bank's app hassle-free as well as seamless.
As per the bank's , Group Executive and Chief Technology and Digital Officer, ICICI Bank, B Madhivanan, customers now without going by the usual process of paper verification and registration process can create a portfolio of mutual funds just by a single click.
For the purpose, the bank has come up with the first-of-its-kind software robotics algorithm-led investment advisory mobile app called Money Coach. This app is a comprehensive function that will help you build investible corpus, guide you products you need to invest and assist in evaluation through round the clock tracking. So, the new revamped app does away with the long and tedious registration process for mutual funds KYC.
Also, the transfer of funds facility has been made even more convincing as voice-assistive commands can now facilitate transfer of funds to registered payees or beneficiaries. For the facility, the bank has made use of Apple's virtual voice assistant Siri. Currently, the facility is exclusively available for Android users with iOS version 10 and higher.