CFO Approving Supplier Wire From a Plane
Flight is boarding. Treasury analyst has initiated a $2.4M SWIFT wire to a Frankfurt supplier. CFO receives the push notification on iPhone, reviews initiator, amount, counterparty, memo. Biometric approval. The wire releases, the analyst sees the state change on desktop, the supplier receives confirmation via MT103. The entire approval takes under 45 seconds. Before mobile, this release would wait until Monday.
Out-of-band approval on a separate device satisfies the payment authorization control expected under OCC commercial bank supervision.


