Under the agreement, Tyfone’s mobile banking services are set to be integrated into RTN’s XP2 core.
Tyfone’s mobile banking services include checking balance, account history reviews, fund transfers, branch and ATM location lookup, bill payments, account aggregation, mobile remote deposit capture (mRDC), iCashe Mobile Wallet as well as the ability to enroll and customise mobile banking via mobile devices.
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 financial services company CoVantage Credit Union (CVCU) has partnered with Tyfone to provide its members with the latter’s mobile wallet services including Symitar Episys core integrated mobile banking, ID authentication mobile security and NFC contactless payment technology.
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