India’s Federal Bank launches FedBook, an electronic passbook for customers
Gone are the days when you needed to visit your bank to update your passbook. Federal Bank, one of the savvy banks in India has introduced FedBook, a convenient and secure mobile passbook for customers who hold a Federal Bank account.
While Federal Bank already has a mobile banking app - FedMobile - for Windows Phone users, this new app allows real time transaction updates without the need for phone calls or SMS alerts. Like the traditional, physical passbook, the app allows you to view your account statements, on the go and even when offline. From within the app, you can view transactions of all operative accounts.
Unlike most mobile banking aps, FedBook allows you to tag transactions and add personalized remarks for transactions. This helps when you are searching and allows you to filter transactions. To use FedBook, your mobile number should be registered with Federal Bank for mobile alerts or for the FedMobile app.
While the app is pretty useful and has an intuitive user interface, I wonder if the functionality can be integrated in the existing banking app, so users don’t have to install a separate app for the purpose. But we’re not complaining!
While the FedMobile app has been available for Windows Phone 7.x and Windows Phone 8 devices, the FedBook app is only available for Windows Phone 8 devices. If you are a Federal Bank customer, download it right away for free from the Windows Phone Store.
Thanks Salman M for the tip!
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