New app helps customers bank how they want, where they want

TORONTO, Nov. 7, 2018 /CNW/ - EQ Bank, a tradename of Equitable Bank, a wholly-owned subsidiary of Equitable Group Inc. (TSX: EQB and EQB.PR.C), announced today it has launched a new and advanced version of its mobile app with additional functionalities that make mobile banking faster and more convenient for its customers.

Now available in the App Store and Google Play, the recently-enhanced app was updated based on user feedback and designed to suit the ever-changing needs of EQ Bank customers.

"Our customers are smart about money, and comfortable with technology, and they want to bank better," said Dan Dickinson, Chief Digital Officer, EQ Bank. "EQ Bank, Canada's first digital-born bank, has continued to earn the trust of Canadians by understanding what they want. This enhanced app is another way we are helping our customers to meet their financial goals, faster."

New EQ Bank app features include:

• Fingerprint ID and facial recognition sign-in
• More intuitive, user-friendly dashboard and navigation

Dickinson adds: "We strive to continually grow to better serve our customers, and as their needs change and evolve, so do we."

EQ Bank is committed to helping Canadians get the most out of their money through its digital platform without the costs of traditional branches or legacy system limitations. EQ Bank Savings Plus Account, allows customers to pay bills, transfer money, and earn everyday high interest – all from one account, without needing a chequing account.

About EQ Bank
With more than $2 billion in deposits, EQ Bank – launched in January 2016 by Equitable Bank, a federally regulated Schedule I bank – offers Canadians a branchless, completely digital banking experience. Designed to help Canadians reach their financial goals, the EQ Bank Savings Plus Account offers an everyday high interest rate with no monthly fees, no minimum balance, bill payments, and more – all from one account. Its Guaranteed Investment Certificates (GICs), offers Canadians a flexible savings solution with competitive rates. To learn more, please visit eqbank.ca.

About Equitable Group Inc.
Equitable Group Inc. is a growing Canadian financial services business that operates through its wholly‐owned subsidiary, Equitable Bank. Equitable Bank, Canada's Challenger Bank™, is the country's ninth largest independent Schedule I bank and offers a diverse suite of residential lending, commercial lending and savings solutions to Canadians. Through its proven branchless approach and customer service focus, Equitable Bank has grown to over $26 billion of Assets Under Management. EQ Bank, the digital banking arm of Equitable Bank, provides state‐of‐the‐art digital banking services to more than 65,000 Canadians. Equitable Bank employs more than 650 dedicated professionals across the country and is a 2018 recipient of Canada's Best Employer Platinum Award, the highest bestowed by Aon. For more information about Equitable Bank and its products, please visit equitablebank.ca.

SOURCE Equitable Bank

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