BMO Wins Aite Group's 2019 Cash Management and Payments Innovation Award for Digital Channel Capabilities
November 06, 2019
|
Manage Cash Flow
BMO Financial Group announced it has received Aite Group's 2019 Impact Innovation Award for Cash Management and Payments for Digital Channel Capabilities. The award recognizes the bank's efforts to deliver a leading experience for online business banking customers across channels.
Aite Group's Impact Innovation Awards in Cash Management and Payments celebrates innovation achieved by financial institutions that are introducing new products, capabilities, or levels of automation and effectiveness that bring the industry one step closer to next-generation banking.
BMO was recognized for reimagining the online experience for commercial banking customers and delivering:
- Biometric ID and mobile: The new business banking app provides added convenience by allowing payments to be approved while on-the-go. It also features biometric options – fingerprint, retina, voice, and face identification – for authentication on both desktop and mobile. This is a first for a financial institution in Canada.
- Agile infrastructure: Revamped the underlying infrastructure of the online business banking platform to simplify the process for introducing software updates, leading to an improved experience.
- Powered up self-service: Rolled out a single destination for client self-service – a centralized support hub called the Help Centre. Clients now experience a simplified onboarding experience when logging into the online business banking platform.
For more information on BMO Online Banking for Business and how it can help, visit:
https://www.bmo.com/main/business/online-banking-business
Read more
BMO Financial Group announced it has received Aite Group's 2019 Impact Innovation Award for Cash Management and Payments for Digital Channel Capabilities. The award recognizes the bank's efforts to deliver a leading experience for online business banking customers across channels.
Aite Group's Impact Innovation Awards in Cash Management and Payments celebrates innovation achieved by financial institutions that are introducing new products, capabilities, or levels of automation and effectiveness that bring the industry one step closer to next-generation banking.
BMO was recognized for reimagining the online experience for commercial banking customers and delivering:
- Biometric ID and mobile: The new business banking app provides added convenience by allowing payments to be approved while on-the-go. It also features biometric options – fingerprint, retina, voice, and face identification – for authentication on both desktop and mobile. This is a first for a financial institution in Canada.
- Agile infrastructure: Revamped the underlying infrastructure of the online business banking platform to simplify the process for introducing software updates, leading to an improved experience.
- Powered up self-service: Rolled out a single destination for client self-service – a centralized support hub called the Help Centre. Clients now experience a simplified onboarding experience when logging into the online business banking platform.
For more information on BMO Online Banking for Business and how it can help, visit:
https://www.bmo.com/main/business/online-banking-business
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