PSCU Launches Mobile Banking

ST. PETERSBURG, Fla. — The nation’s largest CUSO has joined the mobile banking wave.PSCU Financial Services is offering credit unions a solution that allows credit unions to choose between two widely used formats-an applet developed by mFoundry for phone-based software, or a wide-access protocol solution the big CUSO developed in-house for use with a cell phone’s built-in Web browser.Partnerships with FSCC, CheckFree, FDR and eFunds also were key to deploying the solution, which includes real-time balance access, transaction history and fund transfers, with credit card, bill pay and pre-paid card accounts to follow, PSCU said.The 600-owner organization said it is the first CUSO to offer mobile banking and will incorporate the turnkey solution with its 24/7 contact center to provide support for credit unions and members.“Mobile banking is pivotal for credit unions because it taps into a growing demand from users of mobile devices and boosts member satisfaction and loyalty among all age groups, especially young adults,” said David Serlo, PSCU’s president/CEO.A demonstration is available at www.pscufs.com/mbanking.–[email protected]

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