SUNNYVALE, Calif. – Star One CU, which serves a high-tech field of membership throughout California’s Silicon Valley, will announce this morning the roll-out of its new mobile banking from Tyfone.
Tyfone’s m-banking includes Fiserv XP2 core integrated mobile banking, enhanced strong ID authentication mobile security and a path to NFC contactless payment technology.
Tyfone’s multimode mobile banking solution offers a range of features delivered to members of the $6 billion credit union via mobile application, a mobile website and/or text messaging. In addition to standard mobile banking features such as balances, account history review, funds transfers, GPS enabled Branch and ATM location lookup and custom SMS alerts, Tyfone’s next gen mobile banking also offers:
• Mobile Remote Deposit Capture: The mobile remote deposit capture (mRDC) feature allows Star One members to use a mobile phone’s onboard camera to photograph a check and remotely deposit the funds in real-time.
• Rate Watch Alerts: Tyfone’s mobile banking solution for Star One allows members to monitor loan, certificate, and savings rates and be alerted via text messaging, based upon thresholds the end user selects.
• Fraud Monitoring and Analytics: Integration with Star One’s Guardian Analytics system means that the Tyfone solution has heightened protection for members from fraud threats. This system detects anomalies, and Star One member service representatives are immediately alerted to any suspicious or fraudulent activity.
• Star One Account Aggregation: Another key feature unique to Tyfone’s mobile banking solution is the ability to aggregate accounts. This account aggregation feature allows Star One members to see and manage multiple Star One accounts (i.e., personal and jointly held accounts) in a single mobile banking session.