'With mobile banking provider, Monitise, HSBC UK has launched its Fast Balance app that gives the bank's retail customers instant access to their account balances and recent transactions direct from their smartphones. Fast Balance is available on iPhone and will soon be launched for Android and Blackberry phones.
Users can easily and securely access up to 10 accounts via their smartphone, check their balances and review the six most recent transactions on screen. They can also top up airtime for up to five mobile phones.
Fast Balance has been developed by Monitise with HSBC as part of a new three year deal with the technology and services company to develop and support them.
Mike Keyworth, chief operating officer at Monitise, said: 'Monitise is a proven partner to the world's largest financial institutions which know they can trust it to deliver world class, bank-grade products and services. This contract with HSBC is further evidence of this trust and is a ringing endorsement of our ability to build and launch new platforms quickly and efficiently for our partners.'
Monitise delivers mobile banking, payments and commerce networks worldwide and this contract with HSBC significantly extends the two businesses' long standing relationship.'