Industry & Business

Ulster Bank Introduces ClearSpend – A Market-first Free Mobile App

 Breaking News
  • ASAI Issues New Guidelines For Advertising Mobile Phone and Broadband Services The Advertising Standards Authority for Ireland (ASAI), the independent self-regulatory body committed to promoting the highest standards of marketing communications in Ireland, has introduced new guidelines relating to the advertising of mobile phone and broadband services. The guidelines will complement the existing ASAI Code in ensuring that certain marketing terms used by telecommunications operators convey [...]...
  • Sustainable Apartment Living For Ireland A new report on sustainable apartment living in Ireland was launched by the Housing Agency and Clúid Housing. Amongst some of the reports findings and research were that apartment living has increased in the last few years and according to the report, the number of apartments in Ireland has increased by 85% between 2002 and [...]...
  • Brand New Campaign Showcasing Ireland’s Food and Drink Starts Fáilte Ireland’s Taste the Island campaign has gone live with a brand-new TV ad encouraging domestic holidaymakers to take a short break in Ireland to enjoy some of the 700+ food and drink related experiences on offer across this September, October and November. Taste the Island is a 12-week celebration of Ireland’s seasonal ingredients, adventurous tastes [...]...
  • Enet Expands its Data Centre Connectivity Portfolio Across Dublin Enet, Ireland’s largest wholesale, open-access network provider, has added six more data centres across Dublin to its national network. The additional data centres allow it to offer more options when it comes to dark fibre and managed bandwidth to its customers, and will result in increased connectivity for consumers. Enet is now connected to 25 data [...]...
  • ACCA and Bank of Ireland Issue Warning Amid Foreign Currency Fluctuations Many Irish companies that deal in foreign currency are exposing their businesses to significant and unnecessary profitability risks due to a lack of consideration of appropriate hedging within their organisations. That’s the message from the Association of Chartered Certified Accountants (ACCA) and Bank of Ireland who have launched a new programme to support businesses in [...]...

Ulster Bank Introduces ClearSpend – A Market-first Free Mobile App

Ulster Bank Introduces ClearSpend – A Market-first Free Mobile App
January 16
09:16 2019

Ulster Bank has introduced the innovative ClearSpend mobile app to its Irish business customers, becoming the first bank in Ireland to put real time, company budget control in customers’ pockets. The free app was developed in partnership with Silicon Valley start-up SpendLabs.

The first of its kind, ClearSpend allows businesses to set budgets at company, business and cardholder level, place limits on spending, receive real time alerts, and control when, where and how commercial cards can be used. It links directly to the bank’s card processor, which enables users to see transactions as they happen including real-time balance and credit limit information. The app helps companies to minimise the amount of time that they spend administering expenses, without compromising on the level of control they have over budgets.

The key features of ClearSpend are:

  • View up to minute balance information.
  • View transactions, including pending and declines.
  • Set cardholder credit limits.
  • Set cardholder merchant category blockings.
  • Lock and unlock a card.
  • Create departments to segregate spend.

ClearSpend is the result of an exclusive partnership between Ulster Bank’s parent company, RBS and SpendLabs, a Silicon Valley start-up, with a focus on developing a software platform to directly address the needs of the commercial cards market.

Commenting Eddie Cullen (pictured left), Managing Director, Commercial Banking Division, Ulster Bank, said: “Budget control is one of the cornerstones of any successful business. In downloading this free app, our business customers will get control and visibility of commercial card transactions as they happen, on the go and at the touch of a button. They will also be able to proactively control when and where cards are used, boosting the efficiency of spending and the subsequent administration of budgets.

“Innovation has changed the way we all do business and ClearSpend is a logical technological advancement to support business customers. ClearSpend is a great example of the market leading innovation that Ulster Bank delivers for our customers as part of RBS, and we are delighted to bring this technology to Irish businesses.”

Commenting Seamus Sheridan (pictured right), Director and Co-Founder, Sheridans Cheesemongers, said: “As part of a management team that runs a busy and ever-expanding business, with a growing number of outlets across the country, I’m always on the move. Keeping control over budgets is a key part of our business and the new ClearSpend app from Ulster Bank gives us real-time access to all of our commercial card transactions, no matter where we are. We can stay in control of those transactions efficiently and easily, minimising the amount of time spent administering expenses, giving us more time to focus on our customers and of course our cheese.”

ClearSpend will be available for Ulster Bank Commercial Card customers for free on iOS, Android phones and through a web browser. For more information:

About Author



Related Articles

New Subscriber

Subscribe Here


National Manufacturing Conference & Exhibition 2018

NIBRT Springboard Success Stories

Upcoming Events

  • No upcoming events
AEC v1.0.4