Bank of America & Citi Testing iPhones

| News

Two of the largest banks in the U.S. are considering deploying the iPhone for employee use, and both companies are currently testing the device with a small number of employees. Citing three unnamed source, Bloomberg reported that Bank of America (BOA) and Citibank are testing software for the iPhone intended to meet stringent e-mail security needs for the banking industry.

Apple has been boasting that large percentages of the Fortune 100 and Fortune 200 have either deployed or are working on deploying the iPhone and iPad, but the banking industry has been one of Research In Motion’s strongholds, and helped pushed BlackBerry into early smartphone prominence.

Together, Citi and BOA have more than a half a million employees, and a large scale deployment of iPhone within either company would be a significant shot in the arm for Apple’s ability to be a reputable vendor of Enterprise devices.

Bloomberg’s sources specified, however, that BOA is also testing Android devices and noted that both platforms are being looked at as an expansion of choice for employees, and not a pure replacement for BlackBerry.

Currently, the testing programs at BOA and Citi involve only 1,000 employees, being in an early stage.

Big Bags of Cash

Big Bank

Sign Up for the Newsletter

Join the TMO Express Daily Newsletter to get the latest Mac headlines in your e-mail every weekday.

Comments

Lee Dronick

That would be a coup

tweat11

I wish Bofa would get a check scanning app for the iPhone.  I would love to not have to go to the bank to deposit checks.

MacKeeper_fan_Mod

Together, Citi and BOA have more than a half a million employees

Heh, that’s really profitable deal for Apple but I haven’t understood enough why do banks need to buy iPhones for their employees. Of course, it’s a good strategy for improvment of relations between governors and workers but why this way?

Bryan Chaffin

Heh, that?s really profitable deal for Apple but I haven?t understood enough why do banks need to buy iPhones for their employees. Of course, it?s a good strategy for improvment of relations between governors and workers but why this way?

Large companies communicate with their employees through e-mail, and employees communicate with each other the same way. In order for the employee to be always-connected, companies supply those employees who therefore need to be always-connected with smartphones capable of handling e-mail.

Even employees who get company e-mail who aren’t deemed to need to be always-connected can only connect to the company’s e-mail servers with devices and computers authorized (and often managed) by the company’s IT department.

This is how RIM got so big so quickly. They made seamless and secure connections to Microsoft Exchange servers a top priority, and did so in a way that was better than everyone else (until iPhone and Android came along, but even there RIM still has at least somewhat of an advantage).

Make sense, MacKeeper?

MacKeeper_fan_Mod

I think that bank employees aren’t so poor that they can’t buy necessary devices for themselves. If an employee wants to save himself from reduction of staff, he’ll make every effort to stay at profitable place in a firm.

Intruder

I think that bank employees aren?t so poor that they can?t buy necessary devices for themselves.

Really? Are you serious? Not every bank employee is a high paid executive. Even if they were, you think it is right for employees to have to purchase business items from their own salary?

MacKeeper_fan_Mod

Not every bank employee is a high paid executive.

As far as I understood, here we talk about high-qualified and high-paid employees of very serious banks. I think that their salary is enough large for such purchase.

you think it is right for employees to have to purchase business items from their own salary?

No, it isn’t right but many employers do so. Especially if they have a good firm in which everybody wants to work.

Log-in to comment