Star One Credit Union, the ninth largest credit union in the U.S. with more than $6.0 billion in assets, announced the availability of its Tyfone powered mobile services to its more than 89,000 members worldwide. Star One partnered with Tyfone to bring industry leading mobile banking services to its members, including Fiserv XP2 core integrated mobile banking, enhanced strong ID authentication mobile security and a seamless path to NFC contactless payment technology.
Tyfone's multimode mobile banking solution offers a complete range of features delivered to Star One members via mobile application, a mobile website and/or text messaging. In addition to standard mobile banking features such as balances, account history review, funds transfers, GPS enabled Branch and ATM location lookup and custom SMS alerts, Tyfone's next gen mobile banking also offers:
Mobile Remote Deposit Capture: The mobile remote deposit capture (mRDC) feature allows Star One members to use a mobile phone's onboard camera to photograph a check and remotely deposit the funds in real-time.
Rate Watch Alerts: Tyfone's mobile banking solution for Star One allows members to monitor loan, certificate, and savings rates and be alerted via text messaging, based upon thresholds the end user selects.
Fraud Monitoring and Analytics: Integration with Star One's Guardian Analytics system means that the Tyfone solution has heightened protection for members from fraud threats. This system detects anomalies, and Star One member service representatives are immediately alerted to any suspicious or fraudulent activity.
Star One Account Aggregation: Another key feature unique to Tyfone's mobile banking solution is the ability to aggregate accounts. This account aggregation feature allows Star One members to see and manage multiple Star One accounts (i.e., personal and jointly held accounts) in a single mobile banking session.
"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," says Margarete Mucker, Star One VP of Remote Services. "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."
"Star One has built a national reputation as being one of the most technology savvy credit unions in the country," said Mark Miyamoto, director of mobile banking at Tyfone. "Tyfone is collaborating with Star One on how to deliver the most advanced mobile banking features to enhance Star One members' digital banking experience."
Tyfone Mobile Banking is built on top of the company's u4ia mobile financial services platform that also enables contactless payments using near field communications (NFC) and strong authentication ID management, providing financial institutions with a multi-faceted roadmap for offering comprehensive digital wallet and payment services.
About Star One
For more than 55 years, Star One Credit Union has been providing financial services to people who live, work and attend school in Santa Clara County. Star One also offers membership to employees of some of Silicon Valley's most prominent companies, including Lockheed Martin and Yahoo! Star One Credit Union serves more than 89,000 members with branches throughout Silicon Valley and offers a variety of products and services including checking and savings accounts, CDs, IRAs, auto, home equity, and first mortgage loans. Star One is part of a nationwide network of 28,000 ATMs and 6,500 shared credit union locations in 40 states. For more information about Star One Credit Union, visit www.starone.org.
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. Tyfone and its partners enable a suite of services including Mobile Banking, iCashe Mobile Wallet, Mobile Identity Management, and Mobile Contactless Payments. For more information visit www.tyfone.com.