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Ann: GENERAL: FIN: Police & Families Credit Union License...

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    • Release Date: 25/06/14 11:06
    • Summary: GENERAL: FIN: Police & Families Credit Union License Software Solution
    • Price Sensitive: No
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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
    				
 
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