mFoundry unveils mobile banking solution for Nassau Financial


mFoundry, a mobile banking company in the U.S., announced
Nassau Financial Federal Credit Union of Westbury, New York (Nassau Financial)
has launched Mobile-24, its new mobile banking service powered by mFoundry’s
mBanking mobile banking solution.


Mobile-24 includes mobile Web, native mobile apps and
SMS/text banking. Nassau Financial has seen strong demand for Mobile-24 since
launch, with members already using one or more modes on a regular basis.


“We’re always looking for ways to improve our
members’ banking experience and Mobile-24 allows our members to access their
accounts at their convenience, using the mode and device that works best for
them,” said Frank Cordano, CEO of Nassau Financial.


With Nassau Financial’s Mobile-24, members can check
their account balances, review transaction history, transfer funds, pay bills,
and find the nearest surcharge-free ATM and shared branch locations.


“Financial institutions of all sizes are embracing
the benefits of mobile banking,” said Drew Sievers, co-founder and CEO of


As data-connected mobile phones continue to dominate
sales within the U.S. market, consumers expect their bank or credit union to
offer a compelling, rich service. Its partnership with Nassau Financial means
that they are now able to deliver an industry leading mobile banking offering
to their 30,000 members.


Nassau Financial selected
mFoundry for the sophistication of the mBanking solution a SaaS (software as a
service) mobile banking solution that includes mobile apps, mobile Web and
text/SMS modes.


mFoundry recently announced
Verity Credit Union as a customer of its service-based mobile banking
platform. Verity Credit Union is the latest credit union to deploy its mBanking


“We were looking for a partner that could deploy
mobile banking for us without an arduous on-premise exercise. mFoundry’s
excellent deployment track record and their ability to work with our existing
online and core processing systems were key factors in our decision
process,” said Shari Storm, chief marketing officer, Verity Credit Union.


By Team
[email protected]