Merrill Lynch app makes mobile merry work of paperwork
Merrill Lynch’s mobile app now allows customers to use the device’s camera to scan and send paper documents to their respective financial advisor.
The bank says that active users on the app have grown by 20% in the past year, with many new added features.
These include: spending and budgeting tool, transaction tracking for Bank of America deposit and card accounts, real-time money transfers with Zelle, FICO score visibility, and access to seven years’ worth of statements and documents.
“By combining our customised solutions approach with our leading technology platform, we’re helping clients connect with their financial advisors, see their full financial picture of banking and investments, and receive clear recommendations with ongoing advice as their lives and markets change,” says Andy Sieg, head of Merrill Lynch wealth management.
Through the MyMerrill mobile app, clients can log in with fingerprint or facial recognition, view account holdings, deposit cheques, transfer funds, and pay bills.
