Press
CUMONEY® expanding technology capabilities in the credit union mobile space
NAPERVILLE, IL (July 14, 2015) — LSC® has introduced a new prepaid mobile app that is free to members, and provides credit unions with an excellent way to engage their on-the-go members.
U.S. consumers turn to apps 86% of the time they are on mobile devices and CUMONEY represents a significant competitive edge for credit unions. With the focus being placed on the prepaid product space, the app complements a credit union’s current mobile strategy and can help increase their reach among mobile users.
CUMONEY is a true mobile app solution from LSC that provides a high level of mobility for credit union members to safely and securely manage their reloadable funds. Available on the iPhone, iPad and Android platforms, the app utilizes the latest technology, including Remote Deposit Capture, as one of the options in which to load funds anywhere instantly to the CUMONEY prepaid reloadable card. Members using the app also have the ability to check their account balances, verify recent purchases, and view pending transactions directly from their device.
As a leading provider of products and services to credit unions across the country, LSC delivers gift cards, TravelMoney, Everyday Spend, and NewGen prepaid cards to more than 3,100 credit unions in all 50 states. LSC’s CUMONEY app represents the next level of helping credit union members everywhere manage their prepaid funds.
“CUMONEY is a very effective way to help credit unions compete in this ever-changing and evolving age of technology, especially among their mobile members,” said Naomi Anderson, LSC’s Vice President of Card Services.
Credit unions interested in bringing this new mobile convenience to their members should contact sales@lsc.net.
About LSC®
LSC® is a credit union service organization offering a wide array of products and services and is dedicated to helping credit unions compete. Its experience and expertise in all areas from card programs and customer service to education and legal advocacy, as a corporate partner of the Illinois Credit Union League, has made LSC a key support provider in the credit union movement. Its products include credit, debit, pre-paid debit, portfolio development assistance, ATM services, mobile applications, and debt collection. It serves more than 2,300 credit unions in 50 states. More information can be found at: http://www.lsc.net.