Tyfone has unveiled its next generation mobile banking solution with industry-first features designed to make mobile banking more compelling for more bank and credit union customers to use.
Tyfone Mobile Banking is built on top of the company’s u4ia mobile financial services platform that also enables contactless payments and strong authentication ID management, providing banks with a multi-faceted roadmap for offering comprehensive digital wallet and payment services.
‘At Tyfone we firmly believe that mobile will quickly become the platform of choice for banking customers as mobile banking services provide more value than either online or in-person banking,’ says Mark Miyamoto, Tyfone’s director of mobile banking product development.
‘The proliferation of smartphones and low cost data plans enable financial institutions the ability to convert a costlier ‘serviced’ banker into an efficient, low cost ‘self-service’ mobile banker, offering more strategic value and cost efficiencies to the financial institution. As the lines between mobile banking and digital wallet services begin to blur, Tyfone and its mobile financial services platform is well positioned to bridge the gap with an extremely secure and integrated service offering.’