Thai lender Bangkok Bank Public Company has selected Fiserv’s Mobiliti Edge mobile banking and payments platform to launch new mobile banking functionality.
The bank’s new Bualuang mBanking application will allow customers to access financial services through a mobile phone, tablet or the Apple Watch.
The app will also support mobile peer-to-peer (P2P) payments, allowing customers to make payments using only the recipient’s phone number.
The funds can be sent to anyone with a mobile number and deposit account, and will be deposited into the receiver’s designated account, Fiserv said.
Bangkok Bank president Chartsiri Sophonpanich said: "Over the past several years, we have been working on shifting our product set and culture to deliver leading digital experiences, and the mobile channel has been central to our strategy to support more users and new services. Our work with Fiserv has been a great success so far, enabling us to allow our customers to bank where they want and move money with them."
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By GlobalData