Quoting Rohith Bhat, Chief Executive Officer and Managing Director of Robosoft Technologies Pvt Ltd, a press release said: “Soon after the Apple Watch was announced, we saw the tremendous potential the device has to offer for various new kinds of use-cases. We set out to create a unique, proprietary platform than can help banks build on-the-go banking solutions while quickly integrating with existing back-end systems.”
He said that the proprietary solution on the Apple Watch can help banks offer banking solutions on the device within two weeks as it integrates easily with their back-end systems.
The ICICI Bank app for the Apple Watch seamlessly connects a user’s device with his or her ICICI Bank account. The app integrates with ICICI’s existing back-end systems and has features specific to the minimal Apple Watch interface.
The release said that it alerts the user with actionable notifications about transactions and even has the option to pay bills instantly. It uses geo-location to fetch offers around the user’s location with precise navigation directions. It also displays available balance as well as details of last five transactions.
The app also makes use of the Glances feature of the Apple Watch where a simple account summary can be viewed without launching the app, it added.
Source : Thehindubusinessline