US Bank Launches Mobile Banking Tool for Businesses
US Bank has launched a new tool for business customers that provides secure banking services via their mobile device. US Bank Mobile SinglePoint connects them to their account information wherever they are located. It is an extension of US Bank SinglePoint, the web portal to US Bank’s suite of treasury management services, and SinglePoint Essentials, a basic suite of services for small businesses.
Mobile SinglePoint uses the same security standards and policies as SinglePoint and SinglePoint Essentials. Communications are securely encrypted, and banking data and credentials are never stored on business customers’ mobile devices.
This summer, US Bank piloted Mobile SinglePoint to a select group of customers. Two of the pilot customers, Tenaska and InSpa Corporation, confirm the efficiency and convenience of Mobile SinglePoint.
“Mobile SinglePoint is a great tool. It’s very useful when I am not near my desk,” said Stephanie Dougherty, manager of accounting operations for Tenaska. “Like many people in the business world, I am tied to my mobile device and this service is a great convenience for me.”