Communication Federal Credit Union Selects Tyfone to Power Next Generation Mobile Services
"Communication Federal Credit Union (CFCU), serving more than 50,000 members across Oklahoma and Kansas, will provide its members a comprehensive suite of mobile financial services powered by Tyfone’s next generation mobile banking solution.
'As reliance on PCs continues to diminish, CFCU sees tremendous value in being able to provide 100% of our member base the ability to conduct their banking via mobile without requiring them to have a computer or online banking account,' said Scott Mendenhall, vice president information systems."
Fiserv Sees Growing Demand for Mobile Banking and Payments from Financial Institutions, Consumers
"Fiserv, Inc. (FISV), a leading global provider of financial services technology solutions, today announced that more than 1,100 financial institutions have selected mobile banking solutions from Fiserv. The company’s flagship mobile banking and payment platform, Mobiliti®, currently powers mobile financial services for millions of consumers at banks and credit unions on five continents across the globe. The number of accounts supported by the platform is growing an average of 10 percent each month, reflecting the growing consumer demand for mobile banking and payments technology."
Banking Customers Turn to Online, Mobile for Transactions
"With retail banking customers increasingly turning to online and mobile to get their banking done, financial institutions can bolster customer satisfaction by ensuring that the customer experience in those two channels is solid.
A Q1 2012 survey of banking customers in 35 different countries conducted by consulting, technology and outsourcing company Capgemini and retail finance nonprofit Efma found customers wanted increased functionality out of their online banking experience."
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