Millennium Bank in Poland presented a new mobile application for both small and big business owners.
“We provide entrepreneurs with a completely new product in terms of technology, with functions designed from scratch, and tested by customers in the remote control, after which we received excellent feedback. We offer a new design, focused on user comfort, with great personalization possibilities. We refer largely to our successful mobile application for individual customers because this is what business representatives expect from us, who want to have the best digital experience also in business services,” – says Antonio Pinto, Member of the Management Board at Millennium Bank.
One of the Bank’s strategic goals is the full digitization of cooperation with entrepreneurs.
“We want to be a leader in mobile banking for business owners, which is why the mobile application addressed to entrepreneurs will occupy the same important place in the Bank’s strategy as the development of the website, integration of the banking system with the customer’s financial and accounting system or electronic document circulation with a digital signature. There are areas in the Bank where 100% of business orders have been going through digital channels for several years. For two years, the number of agreements we conclude with customers in electronic form has also been dynamically growing – in 2022 it was almost three times higher than in 2021. In the lending area, it is already more than 50%,” – says Andrzej Gliński, Member of the Management Board at Millennium Bank.
The customer can log in biometrically to the new iOS business app. For Android, this form of login will be available soon. It`s enough to use a fingerprint scan or facial recognition.
Daily payments, which have been identified as crucial by entrepreneurs, are very convenient. The application informs the user about receipts on the account, blockades, and payments awaiting authorization. A simple interface shortens the execution time of the operation. In addition, the customer can easily generate confirmations and statements in the application. Payment management is also simple, the user can authorize payments quickly and securely.
The new application can be personalized by the user according to his/her needs. It offers contextual help when using it – the system suggests possible usage scenarios, e.g. in terms of parameterization of the main screen view or methods of selecting payments for authorization.
“When creating a new application, we used Flutter. This is one of the latest cross-platform technologies, the main advantage of which is the ability to use the same code in both iOS and Android versions while maintaining high responsiveness compared to other solutions of this type. As a result, it gives serious savings, helps to maintain maximum consistency between the iOS and Android platform ecosystems, and shortens the time of introducing changes and updates,” – sums up Jarek Hermann, Member of the Management Board at Millennium Bank.
Source: the Bank`s press release dated May 15, 2023
