Truth | Page 22

ALL TERRAIN BANKING COMES OF AGE “Companies that want to be perceived as digital leaders in the financial world should consider developing these [wearable] apps now if they want to stay ahead of competitors.” Angela McIntyre, Gartner, Santa Clara, California, USA NUMBER26 SCOTIABANK SPENDIFIC Number26 is an online bank aiming to offer a more intuitive mobile and online banking experience. Everything is customisable so you can set limits and enable or disable push notifications. For example, to make sure that the transaction was approved and there is no fraudulent use. Canada’s Scotiabank has created an app that allows consumers to check their account balances with a simple swipe of the screen of their smartwatch. Spendific is a mobile fitness app for your finances that aims to help users reach their financial goals. Through setting a weekly budget and monitoring it via the app. 22 PR E S E N T A N D P O T E NTIA L F UTURE S IN F IN A N CIA L SE RVICES