Simple is a bank from the future (or the past, I guess), one that lacks physical branches and expects you to handle all of your transactions over the web from a PC or mobile device. After quite a wait, the Portland-based company has pushed out an update to its Android app that comes with enough visual tweaks to make the experience look Lollipop-friendly.
The previous version—which was already clean and, dare I say, simple—looked like a KitKat holdover.
Bank of America's official Android app has been able to cash checks by taking photos of them for the last few years. It's an extremely useful feature that eliminates one of the last common reasons to stand in a teller line. It's also bloody frustrating, at least with Bank of America's implementation - I'm a customer, and I've often had to find a solid black backdrop and a couple of table lamps just to make the photo clear enough for BofA's strangely picky system.
Back in mid-August, Simple pushed out version 2.0 of its app, bringing with it a bold, yet simplistic new interface, as well as a handful of other new features. Now the company is pushing version 2.1 to the Play Store (as well as Appstore for iOS devices), which brings a couple more useful features to the table.
First off, Wear support. As of now, Simple will send push notifications to your Wear device, which includes both support messages and transaction notifications.
Banking apps aren't terribly exciting in general. In fact, they're usually awful, buggy apps that make you hate yourself. The Bank of America app has gone through a few iterations (most of them bad), but the newest update is actually a solid improvement.
T-Mobile is doing a lot of unconventional things for the mobile industry, and now it's branching out to banking as well. The carrier has announced a new service called Mobile Money that works like any number of other online banks. You set up the account, deposit your checks through an app, and use a Visa debit card to spend. As for the fees, most of them are waived for T-Mobile customers.
As a Bank of America customer for almost ten years, I can give you a lot of reasons to hate them. But I must admit that the Android app isn't one. While initially a little shaky, the app has gently evolved into something that's perfectly serviceable, and today it gets another substantial update. The biggest addition is the ability to send or receive money through email addresses or phone numbers. Yes, that's exactly how PayPal works, but if you do it via BOFA, you won't have to wait 2-3 business days for another transfer.
Simple, the online bank co-founded by Twitter engineer Alex Payne, has been a long time coming (to Android, anyway). The service was actually announced a couple of years ago, with the iOS app arriving about eight months ago. And now it's finally our turn.
From the looks of the app, it appears the wait was worthwhile – instead of just cloning the iPhone app, Simple knew that Android users would want a native experience.
While Google and the ISIS consortium duke it out over the future of Near Field Communication and the payment systems that use it, one of the largest financial institutions in the US had decided to ignore it. Reuters reports that Bank Of America is testing a new system that will only require retailers to display a single image. Ideally this would negate the need for new hardware for both sellers and buyers - all that's required is an Android or iOS device with a camera and a mobile connection.
Chase customers who use the bank's official Android app to stay on top of their banking on the go received an update recently, bringing the banking app up to version 2.7 and adding a few very handy enhancements.
Perhaps the most notable enhancement brought by the new update is the ability to scroll through up to 24 months of transactions related to Chase deposit accounts. The update also adds significant functionality for Chase Liquid customers (Liquid being the bank's reloadable ATM card service), including the ability to view account info, transfer money to your account, and use Chase QuickDeposit.