SAN DIMAS, Calif. & PETERSBURG, Fla. — Financial Services Center Cooperative, the nationwide shared branching network headquartered on the West Coast and PSCU Financial Services, the payment CUSO which serves primarily credit unions who process their cards on the First Data Corp., card platform, have announced a long term alliance that, among other things, will bring mobile banking to credit unions.

The first result of this collaboration will be to join PSCU Financial Services' mobile technology with FSCC's interface and delivery channel to create a mobile banking platform. The two CUSOs plan to begin offering mobile banking to credit unions as early as May 2008. Officials at both companies report that test transactions have been successful and are confident of a spring roll out.

The service will provide users access to share, checking, bill pay, credit card, and prepaid account information anywhere and anytime via a mobile device/cell phone. In addition, members will experience feature rich functionality such as funds transfer, bill payment, and checking transaction history. The mobile service is designed to be easily integrated into credit unions' internal systems, the two organizations said.

Credit unions on the FSCC network will be able to use their existing shared branch interface to offer the mobile banking service. The shared branch interface eliminates costly implementation fees and/or host system programming, they said.