Enhanced Banking in the Works
Smart Banking: Google Glass may be back on the drawing board but the technological gadget launched a range of applications that would enhance banking. Spanish Banco Sabadell is working to integrate customer options such as their “Instant Check” mobile deposit service. Similarly, PrivatBank in the Ukraine lets customer’s see what they would be able to do once the Google Glass app became available: pay bills by snapping a photo of it, transfer funds between accounts, and pay for purchases with a voice command. Wells Fargo, Bank of America, and Fidelity Investments are also working on their own Google Glass apps, while Westpac New Zealand has developed “Cash Tank” that displays the wearer’s current account balance on a smart watch device.