D+H and Malauzai Software join forces to position financial institutions to lead in the mobile revolution
TORONTO, CANADA (April 9, 2015) — D+H Corporation (TSX: DH) (“D+H”) today announced a strategic alliance with Malauzai Software, Inc., an industry leader in the rapidly growing mobile banking market, to jointly develop and deploy advanced mobile banking solutions to D+H core system and Internet banking clients. Together, D+H and Malauzai will empower their community banks and credit unions to deliver the most intuitive and secure mobile banking experience available today to financial institutions of any size.
With the proliferation of mobile devices, consumers, particularly Millennials, expect the convenience of managing their finances-from viewing account balances to paying bills or depositing checks-from any device they choose. D+H will help clients meet those demands with the Mobile Banking Applications powered by Malauzai. The solution enables financial institutions to offer a rich mobile experience that performs consistently across a multitude of device form factors and operating systems. It will further support their ability to transform the mobile channel from a business cost into a revenue-generating opportunity.
“This is a critical strategic relationship for D+H,” said Bill Neville, president, D+H U.S.A. “We are committed to helping all of our clients seize the opportunity mobile presents. Malauzai offers the market-leading product, and the company has accumulated a wealth of knowledge and the dedicated development resources needed to keep our clients ahead in the rapidly evolving mobile world. By offering the Mobile Banking App powered by Malauzai, in addition to our existing Cavion® Mobile Banking App solution, we can provide our clients choice, flexibility and the most innovative and modern mobile experience available on the market today.”
Highly rated for user experience, robust mobile banking features, in-app marketing and rich security capabilities, Malauzai mobile banking solutions are already used by nearly 350 community banks and credit unions.
“Malauzai is delighted to collaborate with D+H through this strategic alliance,” said Tom Shen, Founder & CEO, Malauzai Software. “We are both focused on helping community banks and credit unions compete and win in the marketplace. By leveraging Malauzai’s innovative mobile platform, coupled with deep core and payments integration, D+H will deliver to its clients a best-in-class mobile solution at a very attractive price point.”
About D+H
D+H (TSX: DH) is a leading financial technology provider the world's financial institutions rely on every day to help them grow and succeed. Our lending, payments, enterprise and global transaction banking solutions are trusted by nearly 8,000 banks, specialty lenders, community banks, credit unions, governments and corporations. Headquartered in Toronto, Canada, D+H has more than 5,500 employees worldwide who are passionate about partnering with clients to create forward-thinking solutions that fit their needs. With annual revenues of more than $1 billion, D+H is recognized as one of the world's top FinTech companies on IDC Financial Insights FinTech Rankings and American Banker's FinTech Forward ranking. For more information, visit dh.com.
