The newly-released service is based upon the company’s u4ia mobile financial services platform that enables contactless payments using NFC technology. Tyfone’s mobile banking service is delivered to banking customers via mobile applications, mobile websites or text messaging.
The mobile banking service is set to provide users with several features, such as checking balance, account history review, fund transfers, branch and ATM location lookup and bill pay. In addition, the service is expected to be available for non-online banking customers as well.
Moreover, Tyfone’s service is set to include an account aggregation option, thus enabling users to view and manage multiple accounts in a centralized place, as well as a secure ID management via its Multi Factor Authentication (MFA) technology. In addition, the service is set to provide users with NFC payments and mobile remote deposit capture services.
In February 2011 , Tyfone introduced its iPhone sleeve, powered by global manufacturer of mobile device accessories Dexim.
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