ICICI Bank enters the watch banking era

MUMBAI, INDIA: Robosoft Technologies, a mobility solutions partner has developed proprietary banking applications for the Apple Watch.

The company has partnered with the ICICI Bank to integrate ICICI banking services, by creating banking apps for the Apple Watch.

The ICICI Bank app seamlessly connects a user’s device with his or her ICICI bank account. It integrates with ICICI’s existing backend systems and has features specific to the minimal Apple Watch interface.

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 also guides users to ATMs nearby, by using real-time haptic feedback, with turn-by-turn navigation. This app can be downloaded from the App Store.

‘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’, saids Rohith Bhat, CEO & MD, Robosoft Technologies.

‘Our proprietary solution on the Apple Watch can help banks offer banking solutions on the device within two weeks as it integrates easily with their backend systems. It has a slew of features that take advantage of the technology in the Apple Watch and banks will delight their customers by offering their app on this device," he added.

It must be noted that Robosoft recently received Series B funding from Ascent Capital with participation from the existing investor Kalaari Capital.