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Communication Federal Credit Union is deploying Tyfone’s mobile banking software. Tyfone’s suite enables mobile banking via mobile app, mobile web or SMS.
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BBVA's purchase of digital-only "neobank" Simple provides both parties with new strengths. For the bankers on the sidelines, it shines a spotlight on the need to attract affluent young customers with trendy mobile services.
February 21
Tyfone launched mobile banking software for banks and credit unions on Monday.
Fluide Mobile is targeted at medium and small financial institutions, more than 50% of which do not have any type of mobile banking platform, according to a 2013 biennial survey from the Independent Community Bankers of America.
The product offers banks and credit unions the ability to offer services such as remote check deposit, person-to-person payments, and mobile payments at the point of sale.
Currently, more than 70% of Tyfone's banking consumers are accessing banking solutions through their mobile devices, the Portland, Ore.-based secure identity and mobile banking tech provider says.
Fluide Mobile runs on Tyfone's u4ia secure mobile transaction platform, which has processed more than 30 million financial transactions.
