The newly offered solution powers the core banking platofrm with Fiserv XP2 core mobile banking, enhanced strong ID authentication mobile security and a seamless path to NFC contactless payment technology.
It provides a comprehensive suit of features delivered to Star One members through mobile application, a mobile website and/or text messaging.
The tool provides customers to check balances, review account history, funds transfers, GPS enabled Branch and ATM location lookup and custom SMS alerts.
It also caters mobile remote deposit capture (mRDC) feature, empowering users to use a mobile phone’s onboard camera to photograph a cheque and remotely deposit the funds in real-time.
The solution allows members to monitor loan, certificate, and savings rates and are alerted through text messages, based upon thresholds the end user selects.
The system detects anomalies, and Star One member service representatives are immediately alerted to any suspicious or fraudulent activity, said the firm.
Star One VP of Remote Services, Margarete Mucker said Star One selected Tyfone because their innovative vision of the mobile channel aligns with Star One’s long-term strategy for delivering mobile services to members.
"Tyfone’s mobile financial services platform allows Star One to securely offer members the latest innovations in mobile banking that are truly relevant to their digital lifestyles," Margarete added.
The solution has been developed using u4ia mobile financial services platform that also enables contactless payments using near field communications (NFC) and strong authentication ID management.
