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OnPoint Community CU Debuts Tyfone’s iCashe Mobile Wallet

Service lets members buy gift cards on smartphones.

By Robert McGarvey | Updated on November 28, 2011

Portland, Ore.-based OnPoint has announced it is the first credit union to offer iCashe Mobile Wallet, an innovative tool created by another Portland organization – technology developer Tyfone – that will let OnPoint mobile banking users purchase gift cards on their smartphones.

The largest credit union in Oregon, OnPoint has more than 226,000 members and assets of $2.9 billion. It has long been a leader in offering mobile banking to members and it partners with Tyfone in delivering those services. That history made the decision to embrace iCashe easy, said Jim Armstrong, an OnPoint senior vice president.

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