Scotiabank launches quick balance app for Samsung smartwatches

Customers of Canada's Scotiabank can now check their account balances with a quick glance at their wrists, as the bank unveils a new app for the Samsung Gear range of smartwatches.

  8 1 comment

Scotiabank launches quick balance app for Samsung smartwatches

Editorial

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community.

The app enables customers to check their balance from their preferred Scotiabank account with a simple swipe of the screen on the Samsung wearable devices.

Jeff Marshall, vice president, self-service customer experience, says the release is a Canadian first for wearable banking in the financial services sector.

"We have seen a definite shift in the way consumers are interacting with our products and services," he says. "It is our goal to stay ahead of the curve by developing self-service banking solutions for Canadians before they know they need them - and ultimately a richer banking experience for our customers."

Sponsored [Impact Study] 2024 Fraud Trends in Banking, Insurance, and Beyond

Related Company

Channels

Comments: (1)

A Finextra member 

Innovation for innovation sake is really something that is becoming quite apparent in fintech. This though does feel a little thought out. Checking my balance quickly and easily just as I am about to get in line to make a purchase makes sense. However, if I was paying with my mobile device already, you would think that the mobile would already provide me with this kind of information...You would hope should I say...

With that in mind, does this really have a long term real world application?

New Report – The Future of Embedded Finance in Africa 2025Finextra PromotedNew Report – The Future of Embedded Finance in Africa 2025