Stay Informed with CUTimes

Thanks for subscribing, you will start receiving the Daily News Alert tomorrow!

From the May 23, 2012 issue of Credit Union Times Magazine • Subscribe!

Joint Mobile, RDC Solution From Ensenta, MShift

Five Credit Unions in Initial Deployment

Ensenta and MShift have partnered in a joint mobile banking and remote deposit checking deployment now in place at five credit unions, the companies said.

They are the $1.4 billion EECU and $181 million Unity One CU in Fort Worth Texas; $1.4 billion State Department FCU in Alexandria, Va.; $350 million Air Force FCU in San Antonio; and the $351 million Nutmeg State FCU in Rocky Hill, Conn., the companies said.

MShift’s mobile apps and Ensenta’s RDC solutions are integrated with a single sign-on and provides access from either smartphones or tablets, the companies said.

Scott Ward, executive vice president/chief operating officer at Unity One, said his credit union already offered Internet-based RDC but registered a 40% increase in the number of remote deposits and 65% increase in mobile usage in the first three weeks of the joint deployment. “Obviously this is a great convenience to our members, but the operational efficiencies we’re seeing in the administration of MShift’s mobile deposit makes this a great solution for our credit union too,” Ward said.

Redwood Shores, Calif.-based Ensenta’s remote deposit suite includes real-time risk management and uses Mitek Systems RDC technology.

MShift is a Fremont, Calif.-based provider of mobile platforms with deployments in place at more than 200 credit unions and banks.

Comments

More News

Resource Center

View All »

A Path Chosen Prudently

In today's complicated credit card landscape, choosing the correct path between self-issuance or agent banking...

Winning the War on Cybercrime: The Four Keys to Holistic...

This white paper examines the importance of adapting to changes in fraud attacks without significant...

FFIEC Proposed Guidance on Social Media and How it Affects...

To learn how you and your institution can stay compliant with the new proposed FFIEC...

The Rise of "Mobile Commerce" and How it Affects YOU!

Could plastic cards become a thing of the past? This white paper explains what constitutes...

Key Indicators of High Performing Credit Unions

Get a complimentary demo of our loan portfolio analytics and access to the white paper,...

CUT Daily eNews

Credit Union Times delivers breaking news and information you need to make the right decision for your organization - FREE. Sign up now!

Career Listings
Recent Career Listings
Browse Career Listings

Advertisement. Closing in 15 seconds.