Barclays Bank vaults ahead and buys 8,500 Apple iPads

Barclays Bank vaults ahead and buys 8,500 Apple iPads
British financial institution Barclays Bank has purchased 8,500 Apple iPads at a cost of £3.3 million ($5.3 million USD). That works out to an average price of $623 USD for each tablet. The bank says that it will use its new tablets for "improving the customer experience." Another company needing to purchase tablets, Emirates Airlines, decided to go with the Microsoft Surface due to its "security and robustness".

Did Barclays shoot from the hip and go with the Apple iPad for the same reasons that many out there decide on one of the Cupertino based manufacturer's iDevices? The bank did not publicly divulge the process it used to make its decision to purchase the iPad. Still, one might make the assumption that because the tablets were not purchased until after the Microsoft Surface had launched, Barclays looked at and rejected the Surface in favor of the Apple iPad.

While the bank did admit to looking at a number of tablet options, in the end, it might be an app that led Barclays to the iPad. The company plans on using an app called Mortgage Brain that works only on the Apple iPad and is owned by other major banks like Barclays Woolwich, RBS, Virgin Money, Santander, Lloyds TSB and Nationwide. The app checks the market for mortgage options.

The bank bought the tablets from a company called Insight UK and is one of the largest tablet purchases in UK financial service history. Insight says it is seeing more interest in the Apple iPad as a business tool. The company's president Stuart Fenton said, "I can confirm we are seeing significant interest in the take up of Apple iPads in large enterprise".

source: ChannelRegister via RedmondPie

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36 Comments

1. loyals

Posts: 129; Member since: Nov 10, 2012

an normal user never use android because of its malware n lack of secuirity especially for online payments n all, then y would a bank ? . n windows rt doesnt have any kind of good apps n resolution n graphics sucks compared to ipad. no wonder why they choosed ipad.

3. Nadr1212

Posts: 741; Member since: Sep 22, 2012

Um, WHATEVER!!!!!!!!

6. yowanvista

Posts: 341; Member since: Sep 20, 2011

Nice try troll but not good enough.. "because of its malware " - Care to show me some real 'Android Malware' that infects the system itself? " lack of secuirity especially for online payments" - Source please?

9. Whateverman

Posts: 3295; Member since: May 17, 2009

Yeah, like that guy who just got convicted for hacking a sealing all of those iTunes account usernames, passwords, and cc informati.... Wait a minute. iTunes is apple isn't it? There goes that whole "lack of security" thing. Lol!

19. Ninetysix

Posts: 2931; Member since: Oct 08, 2012

Can you link this "itunes hacking" story please. I'm curious.

33. Whateverman

Posts: 3295; Member since: May 17, 2009

After re-reading the article, I see that wasn't really Apple's fault. The guy actually hacked AT&T's website to steal credit card numbers from iPad user's itunes accounts. But there are a few incidents where iOS has been hacked. Here's a link to one story... http://m.smh.com.au/digital-life/consumer-security/hack-warning-on-itunes-accounts-20120619-20lps.html There are also a few interesting articles about 100,000+ usernames and PWs up for sale in China.

12. big.e927

Posts: 94; Member since: Nov 21, 2012

Android 4.1 and Android 4.2 have a new feature that's called "bouncer" ,which has helped significantly in the malware department. Whoever doesn't have that build of the OS on their phone yet should seriously consider investing in a much more new and better phone instead of being cheap. The resolution of the nexus 10 and pixel density is 300 vs the 264 that the 3rd and 4th generation of the iPad. These are facts my friend, not just opinionated thinking that you've provided without grounds. Plus the nexus ten is not even half the cost of whatever iPads that this stupid bank has bought.

18. Ninetysix

Posts: 2931; Member since: Oct 08, 2012

21. joey_sfb

Posts: 6794; Member since: Mar 29, 2012

I help my school rollout out two hundred over iPad 2. Its useful as a teaching tools. For me, both Android tablet or iPad could do the job just that some prefer one over the other. I think apple made great product its a fact just that there are viable alternative but for their fan like to talk down on others. Sheer ignorance and arrongance that gets to me.

20. joey_sfb

Posts: 6794; Member since: Mar 29, 2012

misguided apple fanboy. iOS and Android runs the same linux kernel. Just attend both their iOS and Android 101 programming, lesson 1 to learn the truth.

30. Aeires unregistered

Fragmentation, DOA, lag, and now malware. You Android haters need to start thinking for yourself instead of regurgitating what the herds keep dreaming up. Can't wait for the next wave of FUD, the last ones have been so interesting to read and laugh at.

31. waqas77

Posts: 3; Member since: Nov 24, 2012

Ipad has everything right. They will play games with it lol.

32. loyals

Posts: 129; Member since: Nov 10, 2012

@yowanvista u want link? , oh wait . there was a article of phonearena itself saying android is very much prone to get hacked. .around 2 weeks back . search fr urself anyways u muct b dumb enought not knowing this fact. @big.e enjoy with the pixel density n resolution dude. oh wait...android doesnt have exclusite tab app for that resolution. so wat will u do ? ucan use normal phone apps . wait wats the point of that resolution and pixel density?!! no point , just show off n we dont see details just go after spec. looks at benchmarks , perfomance wise . ipad owns it. its perfect n yes i want to get one.

2. kozza3

Posts: 776; Member since: Oct 17, 2012

Well good for them. I wonder which generation?

4. PAPINYC

Posts: 2315; Member since: Jul 30, 2011

The wi-fi generation!

5. Topcat488

Posts: 1409; Member since: Sep 29, 2012

This won't be the first time Barclay jump the gun to make a bad investment considering the trouble the bank is in...

16. Topcat488

Posts: 1409; Member since: Sep 29, 2012

This is just to edit what i meant by bad investment, and the fact that Barclay were accused of fixing the rates % in the stock market... http://www.phonearena.com/news/Hacker-convicted-by-court-of-stealing-the-personal-data-of-120000-AT-T-Apple-iPad-users_id36856

17. Ninetysix

Posts: 2931; Member since: Oct 08, 2012

Looks like AT&T got hacked. Can you even read?

22. Topcat488

Posts: 1409; Member since: Sep 29, 2012

Only the ones using ipads... Others customers at AT&T were just fine, can you understand...

7. MetroPhase

Posts: 12; Member since: Nov 24, 2012

Last I checked, didn't Emirates Airlines go with HP tablets running Windows 8 Pro?

8. angelesmec unregistered

Wrong move. Checkmate.

10. wendygarett unregistered

I love this bank lol

11. Whateverman

Posts: 3295; Member since: May 17, 2009

You can't blame them. The iPad is a really good product. It fast, smooth, easy OS to operate and it's not bad to look at either. So I can see why they chose the iPad... But for my money, it's ANDROID all the way! I have an iPad and I loved it when there wasnt much on it. But i now that ive loaded 22 gb worth of stuff on it, it's slow, boring, inflexible, laggy, and force closes a WHOLE LOT! Asus Tansfomer, here I come!

25. bigdawg23

Posts: 467; Member since: May 25, 2011

What version? IPad is definitely slowing down and cause app crashes. However, my new iPad 4 runs as smooth as possible. IPad 4 is supper faster fast. I have a Galaxy Note that is slow down no matter the rom I use. Each person has there one needs and satisfaction on what they want to do. Since I travel a lot and do email and web surfing iPad is a much better choice for me.

26. joey_sfb

Posts: 6794; Member since: Mar 29, 2012

Wait till you fill the iPad to about full then you come back and tell us how fast is it. Like notebook PC the system slow down as you use it over the months.

34. Whateverman

Posts: 3295; Member since: May 17, 2009

I have the original iPad. Yeah I know it's old but, I don't do a whole lot on it. Web browsing, play two or three games, and I have my wedding photos and music stored on it. That's it.

13. DigitalBoy05

Posts: 274; Member since: Jun 04, 2011

funny 2.3 million divided by 8500 ipads means that bank only had to shell out 270$ per unit. that just goes to show how much markup is on those things.

14. DigitalBoy05

Posts: 274; Member since: Jun 04, 2011

lol i read the figures wrong. thats my bad.

24. Chasers

Posts: 21; Member since: Nov 27, 2011

the story said $5.3 million USD that is $623 apeice. the 16GB version is only $499. so assuming they got all 64 GB versions they still didnt get much of a price break considering how many they purchased

15. TROLL

Posts: 4851; Member since: Apr 13, 2012

O no good news.....! Very unwise, unsmart decession! ™®©

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