Ann: GENERAL: FIN: Police & Families Credit Union License Software Solution

• Release Date: 25/06/14 11:06
• Summary: GENERAL: FIN: Police & Families Credit Union License Software Solution
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					FIN
25/06/2014 11:06
GENERAL

REL: 1106 HRS Finzsoft Solutions Limited

GENERAL: FIN: Police & Families Credit Union License Software Solution

25 June 2014

Banking & Finance Technology News

Police & Families Credit Union License Software Solution to Meet Mobile
Banking Needs

AUCKLAND 25 June 2014 - The Police & Families Credit Union (PFCU), which has
over 18,000 members and assets in excess of $90 million, has licensed a next
generation cloud-based and platform independent mobile banking app from
Auckland-based financial technology company, Finzsoft Solutions Limited.

The PFCU is a credit union exclusive to Police and their families, which PFCU
chief executive Helen Hatchard says makes them unique in the New Zealand
banking sector.

"The majority of New Zealand's financial institutions deal with a broad
cross-section of society who on the whole are considered to have common
banking needs and behaviours. At PFCU we understand that our members are
different; many of our members are shift workers and often their 'office' is
the Police car, so we needed a mobile banking solution that was flexible,
user-friendly and available when they need it."

The Sovereign Mobile Banking App licensed from Finzsoft will be available on
Apple iPad, as well as iPhone and Android phone and tablets towards the end
of July.

According to Ms Hatchard: "The PFCU has a growing membership and so we're
investing in technology to provide services to more members when it suits
them. However, we must ensure that the services we provide  are in the best
interests of our members, meaning they must be cost effective and
sustainable.

"We first called on Finzsoft's services in 2003 when we needed a more modern,
responsive technology platform to build our business on. We've placed the
development of our mobile banking app in their hands because they understand
that our needs are different to other financial institutions."

Finzsoft Managing Director Andrew Holliday says using the mobile banking
module of its 'Sovereign' banking and finance software, Finzsoft will deliver
a member-centric mobile banking app that supports the PFCU and its members
with an internet banking, transactional and hosting service.

"For the PFCU, mobile banking is the next step in expanding the services it
can offer its members to allow them round the clock banking access, from
wherever they are. The PFCU already use our Sovereign solution, which is
based on a modular system, so we can easily and seamlessly add on the mobile
banking technology.

"Smaller financial institutions don't always have the extensive resources of
their larger competitors so we invest to create innovative, transformational
products and services that they can integrate easily and seamlessly into
their operations."

The PFCU's licensing of Finzsoft's Sovereign Mobile Banking App follows the
successful March 2014 delivery of the app for the New Zealand Association of
Credit Unions (NZACU).

-ends-

About Finzsoft:
Finzsoft has offices in Singapore, Malaysia, Australia and Auckland and
employs in excess of 40 staff. Since its launch 25 years ago, the company has
become one of the leading financial software and solutions providers for
banks and financial institutions in Australasia.
Finzsoft's Sovereign Mobile Banking solution provides downloadable
application software for a smart phone (iOS and Android, phone and tablet)
banking facility. Finzsoft's service includes installation, integration,
customisation, implementation and maintenance of the application.

For more information please contact:
Andrew Holliday
Managing Director
Finzsoft
Mobile: 021 355 492
Email: [email protected]
End CA:00252009 For:FIN    Type:GENERAL    Time:2014-06-25 11:06:30