Under the agreement, PT Number One is set to deploy Tyfone’s suite of services including mobile banking, identity management for the cloud and contactless NFC for in-store payments.
Tyfone’s mobile banking service is set to include bill payment, security analytics, mobile remote deposit capture (mRDC) and other features, including the iCashe mobile wallet on all phones and tablets.
Tyfones SideSafe form factors enable the extension of hardware security to cloud-based transactions on mobile devices, with a platform that allows the deployment of identity management services without control of device manufacturers or mobile network operators.
Tyfones Sidetap is a MicroSD secure memory card used for mobile phone-based near-field communications (NFC) payments.
Tyfone Mobile Banking is built on the company’s u4ia mobile financial services platform that enables contactless payments using near field communications (NFC) and authentication ID management, providing banks with a roadmap for delivering digital wallet and payment services.
In recent news, US-based financial services provider Security Service Federal Credit Union (SSFCU), has selected Tyfone to allow its members to have access to the latter’s mobile banking services.
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