Navy Federal Credit Union Upgrades Student Card Program with Mobile App

Print
Email
Reprints
Comment
Twitter
LinkedIn
Facebook
Google+
Partner Insights

Navy Federal Credit Union has implemented a money management mobile app from Cachet Financial Solutions to upgrade its prepaid card program for students.

The credit union's Visa Buxx program will use Cachet's Select Mobile Money mobile application to let customers view balances, request money from parents through SMS, email or in-app notification, and locate the nearest branch or ATM.

Meanwhile, parents can access their child's balances and transfer funds directly from their Navy Federal debit and credit cards or even suspend their card.

Cachet's is a cloud-based SaaS solution available for iOS and Android systems.

"Cachet's mobile application makes the Navy Federal Buxx program even more convenient for students and parents to responsibly and securely manage money," said Elizabeth Dean, manager of debit card services for Navy Federal Credit Union, in the release.

JOIN THE DISCUSSION

SEE MORE IN

'Dodd-Frank Is Like the TSA': Comments of the Week
American Banker readers share their views on the most pressing banking topics of the week. Comments are excerpted from reader response sections of AmericanBanker.com articles and from our social media platforms.

(Image: iStock)

Comments (0)

Be the first to comment on this post using the section below.

Add Your Comments:
Not Registered?
You must be registered to post a comment. Click here to register.
Already registered? Log in here
Please note you must now log in with your email address and password.
Already a subscriber? Log in here
Please note you must now log in with your email address and password.