Friday, August 28, 2009

Manage finances using mobile devices

Umpqua Bank, an $8.8 billion community bank, has selected Mobile Money from Fiserv to enable customers to manage their finances using their mobile device. Functionalities available to customers will include: balance inquiries, transaction history, account transfers, bill payments, a variety of account alerts and an ATM and branch locater. Mobile Money is a secure application that utilizes security best practices such as data encryption, along with additional risk management safeguards. (Colin Eccles, executive vice president and chief information officer, Umpqua Bank.)


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