The talking digital financial assistant is already available for SMEs

Thanks to digital solutions, the administration of SMEs has been significantly simplified in recent years. These include online invoices that can be connected to a bank account, with which incoming transfers and invoices are automatically matched, the softPOS solution that transforms a mobile phone into a bank card accepting terminal, or online account opening and e-mail.

K&H’s more than 115,000 small and medium-sized business customers also see the potential of digital solutions: almost all of them have some kind of electronic channel, which the vast majority of them use on a daily basis. Nearly 99 percent of outgoing transfers are made electronically, and mobile banking is already used by 68,000 of them, mainly for transfers, checking account transaction history and changing card limits.