ING Direct Launches iPhone App in Canada

Looks like Canadian banking on the iPhone is getting popular nowadays. CIBC was one of the first banks to launch a full featured iPhone app, but yesterday ING Direct Canada launched iPhone and Blackberry apps simultaneously. This means if you’re an ING Direct customer, you’ll be able to do the following:

• Check your Account balances.
• Review your transactions.
• Move your money any time you want.
• Get directions and hours of operation for the ING DIRECT Save Your Money Cafes.
• Find ABM locations and get access to your Canadian and US Funds.
• Follow us on Twitter to talk savings or find out what ING DIRECT events are coming up or for insight into the life of our President & CEO, Peter Aceto.

ING Direct is known for operating exclusively online with limited branches. This iPhone app only makes sense for them.

Scotiabank has an iPhone app that can only find ATM branches. RBC has an optimized website. TD, Bank of Montreal, and HSBC might want to get their mobile apps going sometime. How popular will mobile banking become? With the increase of smartphones and data plans becoming accessible to everyone, it will definitely grow. Why be constrained to your computer for banking when your iPhone can do it all?

Do you currently do some form of mobile banking?

Click here to download the ING Direct iPhone app.

Founder and Editor-in-Chief of iPhoneinCanada.ca. Follow me on Twitter, and @iPhoneinCanada, and on Google+.

  • djepsilon

    I'm with RBC and would love it if they made a native app. I bank on my phone ALL the time. The optimized site is nice, but it's still a little clunky. A native app where you could do personal banking, investment banking and use it as an ATM finder would be awesome!

    While I'm wishing for apps, here are some others:
    -a Shaw Cable/PVR app
    -Skype working on 3G app (don't have a JB'd phone)
    -An updated facebook app (wouldn't videos be nice?)

  • kimierin

    Yay! I have an ING account. I also would like if there was a BMO app too.

  • BMO also has an ATM finding app. I think it's great that banks are choosing to move into iPhone apps, it makes banking easier! In the US they already do mobile banking through apps, I've heard, but in Canada for some reason this is not the case.

  • roadcarver

    I'm still not confident of the Iphone's security/encryption features. Its great though that bank apps are starting to roll out.

  • johnkneematrix

    The app is great but I am with roadcarver.

  • Karan

    Depends what the app can do. Is security important in mobile banking? Absolutely! The ING app only shows balances and let's you transfer money to your other bank accounts. Would it concern me that someone might get some personal data? Yes, but the risk is minimal. They have to log in every time the app is launched so chances are pretty slim anyone stealing your iPhone can do anything with the app. Additionally, you can have the app not remember your account number if you're ultra paranoid.

    Likewise, I want RBC (or TD or any other bank) to create a native iPhone app or a more touch/smartphone friendly site (essentialy ING put a wrapper on their mobile banking website they released at the same time).

    As long as it's limited to transferring to existing accounts or bill payments that have already been setup, there's very little someone could do with your money. Sure, they could transfer all of it to Hydro, Visa or something like that, but those are all my accounts and I could reverse it. As long as transferring to someone else (another individual), or setting up a new bill payment is limited to additional checks and/or limited to PC or phone banking, then you're relatively safe from using these apps.

  • Karan

    Depends what the app can do. Is security important in mobile banking? Absolutely! The ING app only shows balances and let's you transfer money to your other bank accounts. Would it concern me that someone might get some personal data? Yes, but the risk is minimal. They have to log in every time the app is launched so chances are pretty slim anyone stealing your iPhone can do anything with the app. Additionally, you can have the app not remember your account number if you're ultra paranoid.

    Likewise, I want RBC (or TD or any other bank) to create a native iPhone app or a more touch/smartphone friendly site (essentialy ING put a wrapper on their mobile banking website they released at the same time).

    As long as it's limited to transferring to existing accounts or bill payments that have already been setup, there's very little someone could do with your money. Sure, they could transfer all of it to Hydro, Visa or something like that, but those are all my accounts and I could reverse it. As long as transferring to someone else (another individual), or setting up a new bill payment is limited to additional checks and/or limited to PC or phone banking, then you're relatively safe from using these apps.

  • Pingback: Building Mobile in Canada: Create Value With Content and a Great User Experience. Repeat. « Clip Mobile Blog()

  • The app is a great improvement to what they used to offer. I like the ability to check balances and send money but I can't add friends to my address book via my iPhone. This would make it easy to send friends money on the go. Wrote more at Obsessed Analytic ING App Review

  • Pingback: RBC Online Banking iPhone App Coming Soon | iPhone in Canada Blog - Canada's #1 iPhone Resource()