If you have ever wanted Siri's dulcet tones advising you when to buy or sell Apple stocks, wait no longer.
On Wednesday, the Commonwealth Bank released two smart watch apps aimed at helping customers with convenient, on-the-go consumer banking and share trading.
Available free on iOS, the Commonwealth Securities (CommSec) Apple Watch app lets users view their share portfolio and watch lists, and even use Siri to get live share prices. To make a trade, however, they'll still need to turn to the CommSec mobile app or bank website, or even, horror, make a phone call.
Paul Rayson, executive general manager of CommSec, said in a statement around 25% of logins and 11% of trades now take place on the bank's mobile app, so making a smart watch app for trading is a natural fit for the bank's customers.
The Commonwealth Bank also announced its consumer-focused CommBank app for smart watches is available to the public, after testing and development began in April.
The CommBank app for smart watches, available free on Android and iOS, has some features from the bank's online hub — including viewing ATM locations and account balances.
The bank is also allowing iPhone users to access the CommBank app via Apple's Touch ID, meaning customers will be able to transfer cash and lock down credit cards after just a touch of their fingerprint.
A number of other Australian banks have also built smart watch apps, including Westpac, St.George and ING Direct.
The Commonwealth Bank, in particular, has signalled its openness to incorporating new technologies into banking in recent months. In June, the bank's Chief Information Officer David Whiteing announced the company is using peer-to-peer, online payment transfer system, Ripple, to transfer payments between subsidiaries.
He even suggested the bank may one day allow users to store cryptocurrencies such as Bitcoin in their accounts.
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