LONDON—Barclays has raised the stakes in mobile banking by launching My Personal Bank for its U.S. customers.
My Personal Bank is a personal banking tool that is designed to make banking and money management easier for customers. The service is embedded in the credit card mobile app, and it puts all of the customer's services and accounts into one place, LendEDU reported.
Customers can manage their finances in real time, and Barclays can help consumers more easily and efficiently, the bank stated.
My Personal Bank brings together not only a customer's Barclays credit cards and loans but also their accounts at other banking institutions. With all of these accounts in one location, customers will have an easier time managing their money, Lend EDU said.
“And Barclays is able to offer each customer personalized insights and recommend other services that might be beneficial to them,” LendEDU explained.