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Intuit launches consumer banking app for iPad
MOUNTAIN VIEW, Calif. (2/22/12)--Intuit Financial Services has introduced Intuit Tablet Banking for the iPad so consumers can manage their finances from the mobile devices.

The new app gives credit unions and banks a new way to meet their member/customers' demand for an array of technology solutions, said Intuit Financial Services, which is a CUNA Strategic Services provider.

With the app, credit union members can:

  • View account balances and transaction history;
  • Transfer funds between eligible accounts;
  • Pay bills on the spot;
  • Locate nearby ATMs and branches; and
  • Access their credit union's mobile website.
Tablet manufacturers expect to sell more than 124 million tablets worldwide by the end of the year, said Intuit.

Consumers using a combination of online and mobile solutions are 45% more likely to interact with their financial institution than those who only go online, according to a recent Intuit study of 50,000 mobile banking customers.

"We understand the wide technology needs of consumers who want financial information at their fingertips, whether at home, on-the-go, or at work.  By expanding our offerings, we're helping banks and credit unions better serve some of their most active customers," said CeCe Morken, senior vice president and general manager of Intuit Financial Services.

More than 450 U.S. credit unions and banks offer Intuit's mobile Web, text message and downloadable application solutions to conduct banking tasks via iPhone, Android, Blackberry and iPad devices. Intuit's Tablet Banking App for iPad is available through the iTunes store under the brand name of each credit union and bank that offers it.
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