CO-OP LAUNCHES NEW MOBILE SERVICE
updated 05/17/13 02:31 PM
Enhance Member Control of Card Usage
CO-OP Financial Services has joined forces with Ondot Systems to launch a new mobile CO-OP-branded service that will give credit union members greater control over their card usage through the convenience of their smartphones. The service should be available by the end of 2013.
The CO-OP-branded service will provide a range of services that will allow users to determine how their cards are used and deliver instant, interactive, and actionable alerts. Members will also able to perform specific self-service functions such as balance inquiries, funds transfers, and reporting lost or stolen cards.
“With the dominance of smartphones, mobile banking is emerging as the primary channel for member account access," said Stan Hollen president and CEO of CO-OP Financial Services. "This service will provide credit unions with another opportunity to strengthen relationships with members and increase the transaction activity of the cards they issue.”