Austin, Texas-based mobile and Internet banking provider Malauzai Software announced the launch of a new SmartwearApp is now live. The company completed the apps for eight financial institutions in just 40 days from inception to completion.
Malauzai is one of only a few U.S. financial organizations that have developed a banking app for the Apple Watch. The SmartwearApp is an extension of the watch's existing mobile banking application. Among the financial institutions launching the app were the $557 million Greater Texas Federal Credit Union in Austin; Aggieland Credit Union, a division of Greater Texas Federal Credit Union; and the $257 million Alabama Teachers Credit Union in Gadsden, Ala.
When end-users download the updated version of their institution's mobile banking app from the Apple App Store, they will have access to the watch app, and will simply need to sync the device with their iPhone. To date, eight community institutions are launching watch banking with Malauzai.
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