MEDIA ADVISORY: Tyfone to Showcase Mobile Banking and Transaction Revenue Generating Mobile Wallet at Symitar Educational Conference

Tyfone

Tyfone (www.tyfone.com), a mobile financial solutions provider, will be exhibiting at the Symitar Educational Conference (SEC) held in San Diego, Calif., September 20-22, 2011. Tyfone’s mobile banking solutions integrate seamlessly with the Symitar Episys core. Tyfone will be showcasing its secure mobile banking technology, its unique revenue generation Mobile Wallet Service called iCashé and introducing SideSafe – its Secure Mobile Authentication solution at the event.

Symitar hosts annual education conference and technology expos with the ultimate goal of providing credit union professionals with a forum to learn about how Symitar’s products and services can help them reach their distinct service, operational, performance and growth goals.

Tyfone’s u4ia® platform, in addition to comprehensive mobile banking, enables an average 3% transaction fee revenue generation through iCashé mobile wallet services. u4ia platform also provides enhanced strong ID authentication with SideSafe microSD with a seamless migration path to secure NFC contactless payments with SideTap. Only Tyfone’s solution provides a single platform to provide end-to-end secure digital wallet and payment services by the credit union to its members.

“Tyfone’s mobile wallet services provide direct Symitar Episys core integrated mobile banking, commerce services, enhanced strong ID authentication mobile security and NFC contactless payment technology,” said Mark Miyamoto, Tyfone’s director of mobile banking. “Not only does Tyfone provide mobile banking solutions that are able to be deployed quickly by credit unions but also gives revenue through iCashé and a roadmap to the future of mobile commerce. As the lines between mobile banking and digital wallet services begin to blur, Tyfone is well positioned to bridge the gap with an extremely secure and integrated service offering that can help credit unions serve their members’ needs.”

Tyfone’s multimode mobile banking solution (SMS, mobile Web, App) already offers a complete range of features delivered to credit union members. In addition to the standard mobile banking features such as account balance, account history, fund transfers, branch / ATM location lookup and bill pay, Tyfone offers financial institutions the ability to offer mobile banking to 100% of its membership,  mobile enrollment and management, account aggregation, mobile remote deposit capture (mRDC), and more. With the implementation of Tyfone’s iCashé Mobile Wallet Services, credit unions can now generate, on average, 3% transaction revenue that provides an enhanced member experience with lower overall cost of deployment.

For more information about Tyfone’s integration with the Symitar Episys core and Tyfone’s mobile banking solutions, please visit www.tyfone.com or Booth 626 the SEC.

Tyfone will be holding a special promotion for Symitar conference goers and has extended the promotion to those unable to attend the event. Visit www.tyfone.com/win100 for more information.

About Symitar

Symitar, a Jack Henry Company, is the leading provider of core processing solutions for credit unions of all sizes, now supporting more than 650 credit unions – including six corporate credit unions and approximately 30 percent of the credit unions with assets exceeding $1 billion – with enterprise-wide automation.

Symitar’s credit union solutions encompass two functionally distinct core systems; approximately 50 integrated complementary products and services; in-house and outsourced operating alternatives; contemporary technology; and the infrastructure necessary to support each client as a single point of contact, support, and accountability.

About Tyfone

Founded in 2004, Tyfone’s corporate headquarters are in Portland, Oregon, and its Asia-Pacific headquarters are in Bangalore, India. Tyfone connects money and mobility via a highly secure, scalable and flexible mobile financial services solution tailored to meet the evolving needs of consumers, financial institutions, mobile network operators, transportation companies and retailers. Operating in any standard memory card slot, Tyfone’s u4ia® platform and its companion SideTap™ memory card comprise the world’s first patented, neutral, and comprehensive memory card-based payments solution for mobile contactless payments. Tyfone and its partners enable a suite of services including Mobile Banking, Mobile Identity Management, Mobile Remote Payments, Mobile Retail Services and Mobile Contactless Payments. For more information visit www.tyfone.com.

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CONTACT INFORMATION

Holly Woolard
Mobility Public Relations
Work: +1-503-343-4144
Tyfone on Twitter: @Tyfone

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Issued on by Tyfone in Financial Services4 Comments