SSFCU, the eighth largest credit union in the US said that Tyfone’s multi-mode next generation mobile banking service provides balance check, account history review, fund transfers, branch and ATM location lookup, customizable alerts and bill pay.

Other features include the ability to enroll and customize mobile banking through a mobile device without the need of an computer or online banking account, send and receive digital gift cards for a broad network of retailers.

Security Service Federal Credit Union corporate communications senior vice president John Worthington said that the aim of SSFCU aim is to provide high value, quality financial products and services that enhance its members’ convenience and security.

"Tyfone has a unique perspective on the features and functions that are relevant to consumers as the technology matures and the reality of person-to-person payments, near field communications and a suite of digital wallet services become commonplace," Worthington added.

Headquartered in San Antonio, the credit union has over 875,000 members across the US and worldwide and owns $6.7bn in assets.