Banking

RBS Citizens Financial Group is building its mobile repertoire via an application for Android devices that lets both consumers and business clients manage their money.

Financial institution J.P. Morgan is expanding its mobile portfolio with a mobile application that lets its depositary receipt clients manage their investments.

Bank of America is introducing a number of new mobile capabilities to meet the investment needs of Merrill Edge customers.

Barclay’s new Pingit mobile app is intended to simplify how individuals exchange money by enabling users to send and receive currency directly from their smartphone.

Intuit Inc. has rolled out an iPad application that helps consumers better manage their finances, no matter where they are.

Intuit Inc.’s Mint.com has rolled out an Android tablet application after seeing a greater need from consumers to manage their money on mobile devices.

Mobile banking is expected to continue to rise by 2013 with a half billion consumers using the services, according to a study from Juniper Research.

Financial institution Wells Fargo is aiming to make mobile banking available on every platform with a Kindle Fire application.

Financial institution E*Trade has added a mobile deposit feature to its iPhone application to help consumers easily deposit checks.

Mobile banking will continue to grow next year across multiple fronts. Not only will more banks jump into mobile with optimized sites and applications, but financial institutions will also build on their existing mobile programs with a variety of new services.