New e-banking app unveiled for corporates by UniCredit

4 May 2012

UniCredit has developed an e-banking application for its corporate banking customers for use with Apple’s iPhone and iPad mobile devices.

As an addition to the current electronic banking (e-banking) access portal, the app, developed by UniCredit Germany, allows corporate customers to authorise payments and get account and transaction information, such as SWIFT statements, more easily while on the move. Additionally, the app makes it possible to retrieve and view detailed advice notices, keeping corporate customers up-to-date on imminent account transactions at all times.

The new UC e-banking app supports the Electronic Banking Internet Communication Standard (EBICS), which safeguards the transfer of payment processing data via the Internet. The reporting function, containing transaction data and so forth, provides extra functionality alongside this core offering.

Business people can authorise all manner of payment transactions like credits and debits while out of the office thanks to the electronic signature (e-signature) capability. In addition, the stored digital signature, or key, can be exported from existing UniCredit e-banking products and does not have to be set up again by the user. By using the 'bank log' function, a corporate customer may call up the important details of individual payments, such as the current status of a particular payment file.

According to Ernst Ohmayer, global head of cash management and e-banking at UniCredit, up until now “it has often been difficult for corporate customers to gain an overview of their liquidity, track the status of various payments or authorise important transactions while on the go. Using this new e-banking app, UniCredit's corporate customers in Germany are now able to do all this simply, conveniently and safely via a mobile device.”

“This is a new component that we plan to expand significantly in the future," he added.

By Neil Ainger

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