finova, the UK’s largest cloud-based mortgage and savings software provider, has today announced the launch of its new mobile-first onboarding app for savers, expanding its suite of products available for lenders and savings providers.
The native app aims to simplify the savings onboarding journey, addressing multiple common pain points and providing savers with a more streamlined digital experience. With a clean, intuitive interface, it includes essential features needed for everyday banking, ensuring users can accomplish tasks quickly and with minimal effort. Available for download on the Android Play Store and iOS Apple Store, the app allows customers to open and manage their savings accounts in minutes. The app is designed to work smoothly on Android 12+ and iOS 15+, powered by the .NET MAUI framework with a single shared-code base to ensure that it performs consistently across all platforms.
Savings providers also have the opportunity to incorporate their own brand experience, including bespoke text and imagery, making the app highly customisable.
Security is a top priority, and the app offers a combination of two-factor authentication and biometric protection features. These allow lending and savings providers to maintain strong security measures throughout origination and in-life management, protecting customer data at every stage.
The app supplements finova’s existing range of savings solutions, already featuring its customer and branch portals, alongside its online self-serve banking portal. Together, these products offer savings providers a comprehensive toolkit of digital-first solutions for savers.
Rowan Clayton, Chief Product Officer at finova, commented:
“Today’s customers expect an effortless experience in every aspect of their lives, from making contactless payments to tracking their fitness goals. It’s only natural to want the same simplicity when managing their money. Our new mobile onboarding app for savers will deliver exactly that, empowering banks and building societies to provide customers with an intuitive, secure, and fast way to open and manage savings accounts. As the latest addition to our savings solutions, the app will not only enhance the user experience but give savings providers and banks a powerful tool to streamline onboarding while equipping their customers to take control of their savings.”