Eurasian Bank announced the launch of its groundbreaking new mobile banking service, designed and developed by Monitise Create, a division of leading global Mobile Money provider Monitise PLC. The full-service, multi-language mobile banking app is available on iOS (iPhone) and Android to the Bank’s customer base that will exceed one million this year, with iPad and Windows Phone versions to follow.
Monitise Create was approached by Eurasian Bank to define, create, develop and launch a mobile banking proposition to reflect the bank’s position as a key financial services innovator in Central Asia. The app, available in Russian, Kazakh and English, will provide all Eurasian Bank’s retail banking customers with access to transaction history for multiple accounts, intra-account transfers, bill payments, the option to apply for credit, block transactions and an ATM, branch and POS finder.
Eurasian Bank is a universal commercial bank, serving customers in all regions of Kazakhstan. Named Best Bank in Kazakhstan by EMEA Finance in 2013 and ‘Domestic Retail Bank of the Year’ by Asian Banking and Finance in both 2012 and 2013, it has pioneered new banking products in Kazakhstan, including wealth management and self-service offerings that have established the bank’s position as a market-leading innovator.
“The launch of our new mobile application is testament to the strength of our retail business and its drive to bring world-class innovations to banking in Kazakhstan,” said Michael Eggleton, CEO Eurasian Bank. “This marks the next step in the journey that we’ve been taking to re-shape our services around the changing needs of our customers, reflecting how mobile is really at the heart of the future of banking services. ”
Alistair Crane, CEO Monitise Create, said: “Pioneering mobile experiences are the cornerstone of what we do. In working with Eurasian Bank to both design and develop a market-leading mobile banking application for them, we’ve been able to apply our extensive experience in creating commercially game-changing mobile propositions to deliver something that’s a real first for the region.”