Miniature Bank on Your Wrist – Smartwatch Solutions

Miniaturization is transforming digital experiences, and banking is no exception. With FINANTEQ’s Smartwatch Starter Kit, your bank can quickly join the smartwatch banking revolution, offering customers seamless banking at their fingertips—or rather, their wrist.

Standalone banking app for smartwatches

1
Cardless withdrawals

Withdraw cash securely without your physical card.

2
Balances

Check account balances at a glance.

3
Account history

Review recent transactions and spending patterns.

4
Notifications

Real-time alerts for account activity.

5
Card blocking

Instantly block card if it’s lost or stolen.

6
Card details

Access essential card information anytime.

7
Card top-ups

Add funds to credit card quickly and conveniently.

8
Authorizations

Approve payments & transactions directly from watch.

Unconventional approach to everyday situations.

Convenience: Cardless withdrawals

Mary goes out for a walk with her dog. Near a vegetable shop, she remembers that she needs ingredients for her smoothie. She doesn’t have her wallet or phone. The store only accepts cash payments. Fortunately, Mary’s bank offers a watch app with the ATM cash withdrawal functionality. What a relief!

Safety: Card blocking

Harry has lost his wallet and phone. He has no way to contact his bank to block his debit card. However, as Harry is a gadget lover and always carries a smartwatch with him, he can block the card instantly using the smartwatch banking app.

Time-saving: Card top-ups

Lily goes out for a yoga class only with a smartwatch and water. On her way, she realises she hasn't topped up her daughter's card. With the built-in app, Lily doesn't have to come back home because she can easily take care of that with her watch. That's a great convenience!

Availability: Credit Card repayment

John receives a push notification that today is the deadline for paying off the credit card. He's out of the town and has forgotten his phone. Luckily, he has a smartwatch with him. Thanks to the banking app implemented in the watch, he pays off the card easily and quickly. There is no risk of missing the deadline and incurring additional costs.

Growth rate of banking wearable market:
CAGR of 16.8%

The global banking wearable market was valued at $13.7 billion in 2022, and is projected to reach $62.7 billion by 2032, growing at a CAGR of 16.8%.

Banking Wearable Market Size, Share, Competitive Landscape and Trend Analysis
Allied Market Research

Smarter solution for banks

Better service for clients

Lower operating costs

While maintaining high conversion rates and having a much wider reach than a physical branch.

1

24/7 Accessibility

With omnichannel solution and automation.

Enhanced sales capabilities

Thanks to built-in tools that support and optimize the sales process.

2

Maximum convenience

Through flexible communication options and personalized appraoch.

Easier relationship building

Thanks to natural, flexible and seamless human interaction.

3

Great user experience

Due to personal, eye-to-eye contact with the advisor at any time.

Modern bank image

Due to the implementation of innovative technologies and adaptation to customer needs.

4

Increased customer satisfaction

Thanks to the modern features that help address specific needs

Flexible solution according to your needs

The interface we can prepare consists of four essential elements:

  1. Watch application that is a "base" developed similarly to mobile applications.
  2. Watch faces. A watch face is the main dial of the smartwatch, selected by the user, on which the time is displayed. Additional elements so-called complications – can be placed on the watch dial.
  3. Watch face complications are all features available in the watch that the user can add to their watch face, e.g. balance indicator
  4. Tiles - widgets-like tools that provide quick access to desirable actions or information (e.g. weather forecast) with a simple swipe from the main watch face screen. Everything is tailored to your customers’ needs.

We can Bring Your Vision into Reality

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Create something extraordinary with our specialized expertise. We consult your needs, provide an in-depth development plan, and guide you on the best paths for future development. Ready to act immediately, our agile teams deliver efficient support and customized SLA services to keep your product thriving.

Talk to sales

Services Valued by Clients

FINANTEQ is an excellent development partner that supports the customers' full digital banking experience through the app. They execute an agile methodology while delivering quality outputs. Their competence and attention to detail make them stand out.

National Bank of Kuwait

FINANTEQ genuinely understands our needs and has been helping us shape our product development since day one. The app has been launched, and the end users are enjoying it, receiving favorable ratings on both the App Store and Google Play. FINANTEQ uses an agile approach, utilizing Jira and Confluence and communicating via RocketChat and Webex. So far, the client is happy with ongoing support from the team.

BNP Paribas

The app has been nominated in the Mobile Trends Awards and has received high ratings in App Store and Google Play. FINANTEQ’s outstanding work is reflected in a high-quality app that has gone through rigorous testing. The team was agile and utilized multiple communication channels for collaboration.

mBank

Banking is a demanding industry, and the Finanteq Team is well specialized in the field. They are experts who do not only deliver, but also advise on the best possible solution. In my opinion, FINANTEQ consists of excellent professionals with the proper attitude – they are communicative, experienced, proactive, accustomed to solving problems, understanding and accepting "banking realities", and flexible. Most of the developers provided by Finanteq are considered to be top developers among the team members.

Santander Bank Poland

Michel Sorbet
Head of sales
+48 123 456 789
michal.sorbet@finanteq.com
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