Breakthrough for banking system in Britain, recently Atom Bank, the online-only challenger bank, just won a banking licence to operate in the UK and plans to launch later this year. Atom Bank operational is Unlike traditional banks — and even some challengers — Atom Bank won't have any branches or even a website initially, operating purely though a mobile app. Yeah only from your mobile devices
What is the customers service experience, Customers will be able to open accounts and carry out all their banking activity just from their smartphone. The 1-year-old startup said it wants to "set new standards for the banking sector" when it comes to technology. The company plans to use 3D visualisations and gaming technology for its app, and plans to integrate cutting edge biometric security for banking system
The point of interest of Atom Bank, CEO Mark Mullen says: "We've set about designing a banking app that's in tune with how people think about their money. Taking an app-based approach allows us to use all the features of your mobile device to provide a slick and highly personalised experience. It will offer total control and transparency with a depth that is beyond anything else on offer in the market today, based on reality banking services
As reported by business insider, Mark Mullen previously ran HSBC's telephone banking branch First Direct. He was recruited to run Durham-based Atom Bank by founder Anthony Thomson, this will be the number one breakthrough for banking services, Atom Bank is backed by financial heavyweights capitalist including star fund manager Neil Woodford and Jim O'Neill, the former Goldman Sachs economist famous for coining the term BRICs to refer to Brazil, Russia, India and China. The company raised 25 £ million last year, something new and customer mobile devices experience
Source : business insider
What is the customers service experience, Customers will be able to open accounts and carry out all their banking activity just from their smartphone. The 1-year-old startup said it wants to "set new standards for the banking sector" when it comes to technology. The company plans to use 3D visualisations and gaming technology for its app, and plans to integrate cutting edge biometric security for banking system
The point of interest of Atom Bank, CEO Mark Mullen says: "We've set about designing a banking app that's in tune with how people think about their money. Taking an app-based approach allows us to use all the features of your mobile device to provide a slick and highly personalised experience. It will offer total control and transparency with a depth that is beyond anything else on offer in the market today, based on reality banking services
As reported by business insider, Mark Mullen previously ran HSBC's telephone banking branch First Direct. He was recruited to run Durham-based Atom Bank by founder Anthony Thomson, this will be the number one breakthrough for banking services, Atom Bank is backed by financial heavyweights capitalist including star fund manager Neil Woodford and Jim O'Neill, the former Goldman Sachs economist famous for coining the term BRICs to refer to Brazil, Russia, India and China. The company raised 25 £ million last year, something new and customer mobile devices experience
Source : business insider
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