finova, a UK-based cloud-based mortgage and savings software provider, has announced the launch of its new mobile-first onboarding app for savers.
The app expands finova’s suite of products available for lenders and savings providers.
The native app aims to simplify the savings onboarding journey, addressing multiple common pain points and providing savers with a more streamlined digital experience.
With an intuitive interface, the app includes essential features needed for everyday banking, ensuring users can accomplish tasks effectively.
Available for download on the Android Play Store and iOS Apple Store, the app allows customers to open and manage their savings accounts in “minutes.”
The app is reportedly designed to work on Android 12+ and iOS 15+, powered by the .NET MAUI framework with a single shared-code base to ensure consistent performance across all platforms.
Savings providers have the opportunity to incorporate their own brand experience, including text and imagery, making the app highly customizable.
Security is a top priority, and the app offers a combination of two-factor authentication and biometric protection features.
These features allow lending and savings providers to maintain strong security measures throughout origination and in-life management, protecting customer data at every stage.
The app supplements finova’s existing range of savings solutions, which already includes customer and branch portals, as well as an online self-serve banking portal.
Together, these products offer savings providers a comprehensive toolkit of digital-first solutions for savers.
Rowan Clayton, Chief Product Officer at finova, stated that today’s customers expect an effortless experience in every aspect of their lives.
Clayton emphasized that the new mobile onboarding app for savers will deliver exactly that, empowering banks and building societies to provide customers with an intuitive, secure way to open and manage savings accounts.
Clayton added that the app will not only enhance the user experience but also give savings providers and banks a powerful tool to streamline onboarding while equipping their customers to take control of their savings.