BMO Ranked #1 in Insider Intelligence Canada Mobile Banking Emerging Features Benchmark 2022

TORONTO, May 9, 2022 /CNW/ – BMO ranked first in Insider Intelligence Canada Emerging Mobile Banking Features Benchmark 2022. The ranking reflects the strength of certain emerging features offered on the BMO Mobile Banking app, with top marks in the categories of digital money management, account management and alerts.

Insider Information Canada Emerging Mobile Banking Features Benchmark 2022 The study ranks the seven largest Canadian financial institutions by assets according to their new mobile banking capabilities. Scores are weighted to reflect value to customers based on the results of an extensive consumer survey of over 1,600 mobile banking users.

“This recognition as BMO’s #1 mobile banking experience demonstrates our continued focus on meeting customers where they are with cutting-edge digital experiences that help them achieve real financial progress,” said Ernie Johannson, Group Head, Personal and Commercial Banking, BMO Financial Group. “Our teams are committed to continuous innovation that makes money management more convenient and meets customer expectations.”

This recognition reflects BMO’s continued investment in its digital experience, including enhancements to the BMO Insights experience, the launch of Selfie ID, automated digital enrollment and the ability to reset or change a credit card PIN. credit through online or mobile banking.

Insider Intelligence recognition adds to BMO’s proven track record of digital innovation. For example, BMO CashTrack was recognized at the 2020 BAI Global Innovation Awards and the 2021 Celent Model Bank Awards in the Financial Wellness category, and BMO’s digital transformation was also recognized in two categories at the Business Transformation and Operational Excellence Industry Awards (BTOES) 2020. .

BMO works quickly and at scale to drive customer progress, unleash the power of its people, and drive loyalty, growth and efficiency. To learn more about BMO mobile banking or to download the BMO banking app, visit https://www.bmo.com/main/personal/ways-to-bank/get-started/mobile/.

About BMO Financial Group

Serving customers for 200 years and counting, BMO is a highly diversified financial services provider – the 8th largest bank, by assets, in North America. With total assets of $1.02 trillion from January 31, 2022and a diverse and highly engaged team of employees, BMO offers a wide range of personal and commercial banking, wealth management and investment banking products and services to more than 12 million customers and operates through the through three operating groups: Personal and Commercial Banking, BMO Wealth Management and BMO Capital Markets.

About Insider Information

Insider Intelligence aims to be the world’s leading research service focused on digital transformation. Its mission is to provide professionals with the data, insights and analysis needed to make informed decisions in a digital world. Each year, Insider Intelligence produces nearly 300 reports, 7,000 charts, 1,500 newsletters and 200 forecasts in the advertising, media and marketing sectors; Financial services; Health care; and Retail and e-commerce. Insider Intelligence is owned by the European media giant Axel Springer SE. and was formed in 2020 from the combination of eMarketer and Business Insider Intelligence (BII).

SOURCE BMO Financial Group

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