Customers of M&T Bank Corp. will now have a better way to manage their finances through their smartphones.
The Buffalo-based bank introduces a dozen new alerts through its mobile app aimed at giving customers improved convenience in monitoring their transactions and staying up to date on account information or debit card use.
According to the Buffalo News report, M&T patrons can now receive text messages, emails, and notification alerts when balances reach certain high or low thresholds, when a large withdrawal or deposit is posted, when a specific check or group of checks clears, or when debit card transactions are approved or declined. They can also use the alerts to keep track of account balances daily or weekly, to watch for suspicious activity or when a PIN is changed, or to know when a debit card purchase is made without the card being presented, such as for online or telephone transactions.
“Our customers have told us how important online tools are to manage their finances, and our new alerts give them more direct control of their finances right at their fingertips,” said Mike Shryne, senior vice president for alternative banking at M&T. “We believe that empowering our customers by giving them options and convenience is consistent with M&T’s commitment to understanding what’s important to our customers.”
The alerts are free of charge and customers can simply sign up online, through their smartphone, or at a branch.