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# Hassle-Free Banking Apps
The Number26 Online Banking App Makes Managing Bank Accounts Easier

By Alyson Wyers | Published 2014-11-04 | Business
Source: Trend Hunter, https://www.trendhunter.com/trends/online-banking-app
References: [springwise](http://www.springwise.com/startup-aims-hassle-european-banking/) & [number26.de](https://number26.de/en/)

Apparently in Europe, managing your account(s) can be a hassle -- which is where this online banking app comes in. Based in Germany, Number26 is Europe's fastest account-opening service. The startup makes managing banking facilities easier in part through [online notifications and bank statements](https://www.trendhunter.com/trends/cash-flow-and-capital) in real time.

The online banking app allows users to sign up for a new account in five minutes. The process involves filling out a form on the Number26 site before a [video chat is established to verify](https://www.trendhunter.com/trends/bivial-ag) the user's identify. Those applying can use their webcam to show their passport and answer some simple questions. After the set-up is finished, the Number26 app can be used to manage accounts, make payments, cancel cards and more.

## Trend Insights (Trend Hunter)

- Score: 3.8/10
- Popularity: 26% | Activity: 80% | Freshness: 8%
- Audience gender: 50% men, 50% women
- Primary generations: Millennial
- Top markets: Europe

## Categories

[Trend Hunter](https://www.trendhunter.com/trends) > [Business](https://www.trendhunter.com/business)

## Key Themes

### What Makes This Trend Stand Out

- **Online Banking Apps:** The growth of online banking apps, like Number26, presents opportunities for mobile banking disruptive innovation.
- **Real-time Notifications:** With users now able to receive real-time notifications through their banking apps, disruptive innovation can be used to incorporate new services in real-time.
- **Video Chat Identity Verification:** Incorporating video chat identity verification in banking apps presents new opportunities for disruptive technology improvements.

### Sectors Adopting This

- **Banking:** Number26 and other online banking apps are disrupting the banking industry by making account management easier through the use of innovative technology.
- **Mobile Payments:** With the ability to conduct mobile payments, banking apps are also disrupting the mobile payments industry.
- **Digital Identification Verification:** The use of video chat for identification verification in banking apps presents opportunities for disruptive innovation in the digital identification industry.

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- [Startup Banking Apps](https://www.trendhunter.com/trends/mercury.md)
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- [European Banking Solutions](https://www.trendhunter.com/trends/europes-financial-ecosystem.md)
