Unicredit Bank logo is seen in this illustration taken March 12, 2023.
REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsMILAN, Oct 25 (Reuters) - Italy's UniCredit (CRDI.MI) on Wednesday announced improvements to its mobile banking service Buddybank, in a move that Chief Executive Andrea Orcel said would ease the eventual transition to a cloud-based core banking infrastructure.
UniCredit had managed to unify the backend structure supporting traditional commercial banking operations and Buddybank, Orcel told a press conference.
To shift to Buddy R-Evolution, UniCredit customers have only to download the application in order to access their current account without any changes to their bank details.
A change of bank details caused disruptions this month for customers of rival Intesa Sanpaolo (ISP.MI) which is gradually shifting younger, digitally-savvy clients to its cloud-based mobile bank Isybank.
Persons:
Dado Ruvic, Andrea Orcel, UniCredit, Buddy R, Orcel, Intesa Sanpaolo, Valentina Za, Keith Weir
Organizations:
REUTERS, Wednesday, Thomson