O2 Banking wins international Celent Model Bank Award

O2 Banking wins international Celent Model Bank Award

Stuttgart – Telefónica Germany has won a Celent Model Bank Award for the category Business Model Innovation with O2 Banking. O2 Banking is a fully-fledged checking account with a mobile-optimized user experience and has already received several awards. It is implemented in cooperation with Munich-based Fidor Bank. GFT supported Fidor with the front-end user experience (UX) design.

The bank account, including a Debit Mastercard, is free of charge and open to everyone. It offers, for example, transfers by mobile phone number and extensive security features such as push notifications.

The international award from Celent, a global financial services research and advisory firm, recognizes the best practices of technology usage in different areas critical to success in banking. In the Business Model Innovation category, for thinking creatively about banking and delivering a differentiated proposition to the customer. Nominations are submitted by financial institutions and undergo a rigorous evaluation process by Celent analysts.

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