Vermont-based New England Federal Credit Union (NEFCU) has selected PSCU Financial Services and mFoundry to deliver mobile banking to its more than 70,000 members. Reportedly, the mobile banking solution from PSCU and mFoundry incorporates speed, simplicity and security. It eliminates costly implementation processes by tapping into existing connectivity with multiple data sources. The solution includes 24/7 support by contact center service representatives as well as turnkey marketing support to stimulate member adoption.
John Dwyer, president/ COO at NEFCU, said: “Mobile banking is yet another easy and convenient service that we are happy to offer to our members. Our members are increasingly choosing to use remote channels such as PC Banking and call centers to access their accounts and manage their finances. This mobile banking solution met our standards for reliability, security and ease of use.”
John Pembroke, chief marketing officer of PSCU Financial Services, said: “NEFCU is one of the most innovative financial institutions in Vermont, and we look forward to bringing new features and services to their member base. With this product NEFCU members will have access to their share, checking and loan balances plus transaction histories. Our mobile solution enables funds transfers within credit union accounts and provides ATM search functionality. We know that we need to keep the product fresh, so we are continually working with mFoundry to ensure our mobile banking solution leads the market in features and functionality.”
Drew Sievers, CEO and co-founder of mFoundry, said: “We have seen great traction in the credit union market this year and we are proud to work with PSCU to provide a mobile banking solution specifically tailored for credit unions. We look forward to launching NEFCU’s mobile banking application and anticipate strong adoption from their members.”
Florida-based PSCU Financial Services provides credit, debit, ATM, prepaid, bill payment, electronic banking and contact center solutions.
