Monday, December 21, 2009

Lloyds TSB Launches Next Generation of Mobile Phone Banking

Lloyds TSB has become the aboriginal case in the UK to action a ambit of cyberbanking casework acceptance barter to adviser and administer their money on a adaptable phone.

The new Lloyds TSB Mobile Services are different in giving barter the adeptness to move money instantly amid accounts through a Mobile Banking appliance and accept argument letters about their finances.

Mobile Services allows barter to deeply move money amid their Lloyds TSB accounts on their adaptable phone. They will aswell be able to appearance their anniversary balances, analysis their endure six affairs and accept a advanced ambit of argument alerts, to accumulate them abreast with their finances.

The new account will aswell cover an Overseas Transaction Alert. Subscribers will accept an active if their debit agenda is acclimated to abjure banknote from a cashpoint or to accomplish a acquirement abroad. This active is advised to accord barter ascendancy and accord of apperception in consistently alive what is accident on their accumulation or current accounts.

Lloyds TSB has four actor barter registered for its Internet Banking account and new research2 shows that about three abode (74 per cent) of humans use Internet Banking to accumulate clue of their finances.

However, the analysis aswell reveals that two thirds (60 per cent) ambition to be able to accumulate tabs on their accounts application their adaptable phone, while bisected (53 per cent) ambition to be able to actively move money amid accounts. Over a third (36 per cent) say that accepting able to administer their money in this way would advice them to accumulate a afterpiece eye on their finances.

Catherine McGrath, administrator of accepted accounts, Lloyds TSB said: "Technology is evolving at lightning acceleration and with these changes appear new demands from our barter and new possibilities for articles and casework to accommodated their needs."

The analysis accent the growing trend for adaptable phones to be acclimated for a ambit of purposes added than buzz calls. Eight out of ten (81 per cent) say they forward or accept texts; added than bisected (57 per cent) use their buzz as a camera; a third (36 per cent) use it as a diary; a division accept to the radio through their phones; and a fifth (19 per cent) acceptance the Internet.

Catherine McGrath adds, "Gone are the canicule if we acclimated our phones alone to alarm accompany and family. Mobile phones are now allotment of our circadian lives in a way few would accept absurd just a few years ago. Just as Internet cyberbanking has taken the country by storm over the accomplished decade, mobile banking is now set to change the way we mange our money."

"Many barter are already acclimated to the abstraction of befitting tabs on their bank account application a adaptable phone, but we’re ablution the next bearing of adaptable cyberbanking that allows humans to break in absolute ascendancy of their money wherever they are."

About Lloyds TSB:
Lloyds TSB offers barter a advanced ambit of accepted accounts, accumulation accounts, insurance, loans and acclaim cards, advised to accommodated altered customers’ needs.

Lloyds TSB Bank plc and Lloyds TSB Scotland plc are authorised and adapted by the Financial Services Authority and signatories to the Banking Codes. Lloyds TSB Bank plc Registered Office: 25 Gresham Street, London EC2V 7HN . Registered in England and Wales no. 2065.

PR Contact:
Amanda Glover
Media Relations Manager
Lloyds TSB Press Office
25 Gresham Street
London
EC2V 7HN
020 7356 2021 http://www.lloydstsb.com/

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