The Family Credit Union implements Fiserv Mobile Money solution

Fiserv, a provider of financial services technology solutions, has announced that The Family Credit Union is providing members access to mobile financial services with its Mobile Money solution.

Fiserv said that The Family Credit Union members can access Mobile Money through any mobile device using SMS (text messaging) or a mobile browser; and a downloadable application is planned.

Fiserv said that members can check balances and review account history, move money between accounts, pay bills and receive a variety of pre-set account alerts. The service reportedly is free and can be activated through the credit union's CU@ccess24 home banking site.

Sandra Sheffey, president and CEO at The Family Credit Union, said: "Mobile phones are an integral part of our daily lives, and we wanted to bring our members the convenience of managing their finances while on the go.

"Our initial expectation was that the Mobile Money service would appeal to our Gen Y members, but we are seeing strong interest among baby boomers and some of our older members as well. These easily accessible mobile financial services are appealing to a wide range of members."

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