Barclays launches iPortal, a single point of access for all business needs

Published 
  • Secure access to dashboard using Barclays Biometric Reader gives a consolidated view across products and services, from cash management to trade services and lending

Barclays has today announced the launch of the Barclays iPortal, an online hub allowing businesses to access all their banking services through a single gateway.

Providing an immediate snapshot of bank accounts and products, iPortal’s customisable interface enables users to authorise payments, manage cash, trade services and loan facilities. This can all be done via a single secure login, using the Barclays Biometric Reader, which is being made available to Barclays’ Corporate customers.

Michael Mueller, Head of Cash Management at Barclays commented: “Traditionally online banking systems have not always made life easy for businesses. Corporate banking solutions that bridge existing products produce disparate, complex and outdated systems that require multiple logins on a variety of platforms, making banking a time-consuming and disjointed process. With iPortal, we are changing all that.”

A brand new product, built from the ground up rather than retooling or overlaying existing ones, Barclays iPortal provides users with consolidated ‘to do’ lists, and real time alerts and notifications where actions are required. Businesses today operate in a globalised economy, and iPortal provides decision makers with an overview of group balances, across different business divisions and activities in multiple countries.

The system was developed to take advantage of the added security offered by Barclays Biometric Reader, which uses Hitachi’s Finger Vein Authentication Technology (VeinID). Used to make payments and confirm transactions, the device’s infrared lights scan the blood flow in a user’s finger. More secure than a fingerprint, the solution eliminates the need to remember PIN and passwords.

“In recent years, banks have rolled out ever more personalised services, to meet consumer demands for ways of banking that fit around their lifestyle,” added Mueller. “But what’s to say the same idea can’t apply to business users? The development of iPortal is another major step towards our vision of the future of corporate banking; simplifying and personalising the experience to enable decision makers to spend more time focusing on the business of doing business.”

Designed to reduce time spent on administration, users are able to send and receive secure messages with Barclays relationship and support teams via iPortal to streamline communication. It will also act as a market intelligence tool, providing users with the latest market research and insights specific to their business and industry.

iPortal can be accessed through all major web browsers, and the iPortal App will be available on tablet and mobile devices for financial controllers and company executives. Using Agile delivery methodology for the first time in Barclays Corporate, Barclays is able to act on customer feedback to continuously innovate and seamlessly upgrade iPortal.

Barclays iPortal is available to corporate customers with immediate effect, and the first orders for the Biometric Reader will be shipped from November 2015.

Most recent episodes

40th Annual New York Cash Exchange: What Can Treasurers Expect?

Ahead of the 40th annual New York Cash Exchange, two of TMANY’s distinguished board members, David Miller and Timothy T. Hesler, CTP, provide TMI CEO, Robin Page, with a quickfire rundown of what attendees can expect from this year’s conference. Our guests share their aspirations for the event,...

00:00

Expectation-Beating Inflation Prints Ratchet Up Pressure on Monetary Policy

Welcome to the third edition of Liquidity Link Live, your exclusive market analysis provided by Northern Trust Asset Management, one of the world’s largest cash managers. Tune in each month to discover the very latest insights on the UK, Eurozone and US markets. This edition was recorded on the 9th May...

04:48

Making the Sustainable Transition: A Roadmap to ESG in Treasury

Over the last 18 months, Societe Generale has experienced a steady increase in requests from their corporate clients to integrate ESG features in treasury management.  Louis-David Rouyer, Philippe Pougeard, and Emmanuelle Petelle (Societe Generale) provide TMI’s Eleanor Hill with a whistlestop run...

22:24

Lift Off for Fed Rate Rises

Welcome to the latest edition of Liquidity Link Live, your exclusive market analysis provided by Northern Trust Asset Management, one of the world’s largest cash managers. Tune in each month to discover the very latest insights on the UK, Eurozone and US markets. This edition was recorded on the 5th of...

04:58

Treasury in 2022 and Beyond

Industry experts Bob Stark (Kyriba) and Sebastian di Paola (PwC) join TMI’s Editor, Eleanor Hill, to explore the very latest treasury trends – and to discuss how smart treasurers can get ahead of the game by ...

43:21

How BearingPoint Harnessed Data-Driven Forecasting with CashAnalytics and SAP

Listen back to our recent forecasting masterclass, where Group Treasurer Eveline Stam, and Conor Deegan (CashAnalytics) provided TMI’s Eleanor Hill with a comprehensive overview of how consultancy firm BearingPoint achieved company-wide cash forecasting nirvana by combining specialist solutions from...

37:14

The 3 T’s of The Future: Tech, Treasury, and Transformation

Over the past two years, an increasingly dynamic environment has not only accelerated technology development – from quantum computing to blockchain technology, and even the metaverse – but also technology adoption, bridging colleagues and breaking down silos in a remote work world. In this podcast,...

44:02

Monetary Policy Continues to Drive Markets as Ukraine Invasion Weighs on March Meetings

Welcome to the second edition of Liquidity Link Live, your exclusive market analysis provided by Northern Trust Asset Management, one of the world’s largest cash managers. Tune in each month to discover the very latest insights on the UK, Eurozone and US markets. This edition was recorded on the 3rd of...

05:25

Tax Spotlight: How the OECD’s Two-Pillar Solution Impacts Treasury

Aaron Lee and Joseph Lee (DBS Bank) join TMI’s Eleanor Hill to discuss how the OECD’s Two-Pillar Solution aims to address the tax challenges arising from the digitalisation of the economy. Ahead of the 2023 implementation date multinational corporates will have much to consider around these reforms....

24:00

FX Connections: Bringing Transparency to Cross-Currency Payments

Cross-border activity is growing at a remarkable rate, making FX payments a hot topic for treasurers across the globe.  In this TreasuryCast episode, Eleanor Hill asks Daniela Eder and Gibran Maqsood (Barclays Corporate Banking) to provide their key action points around FX payments in 2022. Our guests...

21:00