The services are available through an established partnership with Access Softek, a global software development company. As a service that uses the OFX-based software application, it will work with all major US wireless networks.
The service provides immediate access to around 70% of today’s mobile phone devices, with near-ubiquitous access expected in the next several years as consumer mobile devices are upgraded. It is fully integrated with Online Resources’ payments and security technology, providing consumers the ability to view their accounts, pay bills, transfer funds and receive messages from their respective financial institutions.
The service is available to Online Resources’ OFX-enabled clients. Customers can register online, and thereafter download the appropriate software via their wireless device.
The integrated mobile service is yet another way Online Resources is helping us to retain and deepen our customer relationships, said Michael Woolfolk, COO and executive vice president for Heritage Bank, a pilot participant. In addition to potential fee income, we are pleased to be able to offer our customers a service that even some of the largest institutions are not providing today.