J.P. Morgan launches mobile banking platform
J.P. Morgan Treasury Services has launched a mobile banking platform in Australia aimed at cash management clients.
The company said the launch of the platform, ACCESSM, was part of the firm's ongoing focus on combining its global solutions and network with a strong domestic presence.
It said the ACCESSM Mobile banking platform would give Australian and New Zealand cash management clients the ability to view balance and transaction information at any time via smartphones and tablets.
J.P. Morgan Treasury Services, Australia head, Nadia Schiavon said security was of the utmost importance when accessing and handling any cash management activity.
She said that as a result of this, J.P. Morgan ACCESS Mobile used secure encryption and secondary authentication which allowed the user to terminate and erase all information on the screen if the application did not respond for more than just a few minutes.
Schiavon said the device could also be quickly deactivated if lost or stolen.
Recommended for you
The FSCP has announced its latest verdict, suspending an adviser’s registration for failing to comply with his obligations when providing advice to three clients.
Having sold Madison to Infocus earlier this year, Clime has now set up a new financial advice licensee with eight advisers.
With licensees such as Insignia looking to AI for advice efficiencies, they are being urged to write clear AI policies as soon as possible to prevent a “Wild West” of providers being used by their practices.
Iress has revealed the number of clients per adviser that top advice firms serve, as well as how many client meetings they conduct each week.
