Star One Credit Union chose Tyfone Inc. for mobile banking services partly because of its near-field communication contactless payment capabilities, the $5.6 billion credit union said Tuesday.
Star One, of Sunnyvale, Calif., said it signed an agreement with Tyfone, of Portland, Ore., for mobile banking technology. Because Tyfone's systems are integrated with the vendor Fiserv Inc.'s XP2 core banking system, which Star One uses, Star One's mobile customers will get faster access to data.
Tyfone will provide Star One with tools for mobile check deposit, account aggregation, bill payment and other features.
"We chose Tyfone not only because of their robust banking solution but also due to their NFC contactless payment, corporate banking and secure identification capabilities," Margarete Mucker, the vice president of remote services at Star One, said in a press release.
