(January 20, 2015) -- Community banks and credit unions can provide mobile banking tools that allow consumers and businesses to manage their behavior around their usage of debit cards. This is the beginning of the movement towards eventually providing a full mobile wallet.
Card management features enable end-users to turn their debit card on and off with the swipe of a finger, among other capabilities, and demand for the service is growing as consumer fraud concerns increase. The tools help credit unions and banks focus on two very important goals; cost savings and fraud prevention. Malauzai’s latest industry brief discusses:
- The History of Plastic
- What card management should include
- Current usage statistics
- How the service works with existing technology, such as the core platform
- Upcoming additions, such as geo-fencing and similar controls for credit cards
Where:
Download a copy of the white paper here: http://malauzai.com/wp/wp-content/uploads/2012/12/Malauzai-Card-Management-Industry-Brief-2014.pdf
About Malauzai Software
Malauzai was incorporated in 2009 in response to the growing demand for a technology company that could provide innovative mobile solutions for community financial organizations. As a cool company in a cool town with a focus primarily on community financial institutions, Malauzai looks to provide mobile solutions that will enhance the customer experience ultimately resulting in increased value for financial institutions.