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Orange County’s Credit Union Goes Live with Tyfone Mobile Banking Solution for Advanced Mobile Financial Services
TT Bureau |  |  13 Oct 2010

Tyfone, a provider of mobile banking, mobile contactless payment and highly secure mobility solutions, announced that Orange County’s Credit Union (OCCU) has made mobile banking available to its 79,000 members using Tyfone’s u4ia platform.

Within the first two weeks of the launch almost 3 percent of the member base have already signed up for this mobile service with over 55 percent of the active mobile banking members using at least two out of the three modes (SMS, App, and mobile web).

“Mobile is one of the service delivery platforms of the future, and Tyfone made it easy for OCCU to deliver mobile banking today,” said OCCU senior vice president and CIO Laura Thompson. “As OCCU looks to the future, we see mobile banking as a mission critical component of our service delivery strategy. Tyfone’s mobile banking platform allows OCCU members to have access to account information from the widest variety of mobile and online interfaces, making OCCU a truly accessible financial institution.”

“OCCU recognizes that offering their members the increased convenience of mobile banking is a critical component to its strategy of extending its position in the marketplace,” said Siva Narendra, Tyfone’s chief technology officer. “Banks, credit unions and financial institutions around the world are seeking to harness the power and convenience created by network-capable mobile phones. Tyfone’s multi-mode mobile banking solution not only enables smartphones to be used for mobile banking, but to make any mobile phone or Internet connected device become a virtual branch for our financial institution customers.”

    
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13 Oct 2010(IST)  
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