Published on March 8th, 2016

FinReach cooperates with HypoVereinsbank

Munich, Berlin

FinReach and HypoVereinsbank start a cooperation, which enables clients to access more convenient and easier banking services. Their first joint project makes it possible to switch bank accounts from home within a few minutes. This new service is available both for new and existing clients who are not already in possession of a private current account at the HVB.

FinReach offers Banks innovative service solutions to actively form a digital change in the industry. FinReach is working on providing clients new service experiences by creating solutions for the banking of tomorrow. “The collaboration with FinReach is a clear sign for the close connection between the HypoVereinsbank and the digital community, to offer clients the best solution in a digital age”, says Matthias Eireiner, Managing Director of FinReach.

“Together with FinReach we will develop path-breaking financial solutions with high user-friendliness and an easy handling which will directly benefit our clients. Our new online-account-switching service is a good example for that”, says Dr. Christian Reichmayr, Head of Multichannel Management in the private banking branch at HypoVereinsbank.

With this new online service, the HypoVereinsbank is allowing an easy and straightforward change to an HVB bank account. It automatically detects existing debit entries, received payments, and standing orders. Through self-explanatory user-guidance, clients can easily switch bank accounts on their own. This service is free of charge and, due to the German standard SSL encryption, highly secure. The account change is possible by PC, laptop, tablet, or smartphone.

About FinReach:

FinReach was founded in November 2014 under the umbrella of Fintech company builder FinLeap. The venture develops digital solutions based on industry knowledge, technological know-how and profound customer understanding. FinReach’s product is a performance based White-Label solution.