Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Products
CO-OP Partnership Offers Mobile Card And Alert
RANCHO CUCAMONGA, Calif. (4/26/13)--CO-OP Financial Services is partnering with Ondot Systems of San Jose, Calif., to provide its client credit unions with a CO-OP-branded service that allows credit union members to control their card use.

"CO-OP Financial Services is dedicated to providing credit unions with the means to offer greater control and convenience to their cardholding members, and greater assurance of fraud protection," said Stan Hollen CO-OP Financial Services president/CEO.

"With the dominance of smartphones, mobile banking is emerging as the primary channel for member account access," he said. "This service will provide credit unions with another opportunity to strengthen relationships with members and increase the transaction activity of the cards they issue."

Cardholders can lock and unlock their cards and set controls and alerts based on their preferences related to transaction type, merchant, location and thresholds.

Members can perform specific self-service functions, including balance inquiries and funds transfers, and card management functions such as reporting fraudulent transactions and lost/stolen cards.

The service will be available by the end of year, CO-OP said.


RSS print
News Now LiveWire
Did U miss the July @TheNCUA open meeting? Now a video recording is available on the agency’s website. Go here: http://t.co/cxGs2bkdKt
37 minutes ago
What about creating the Central Bank of #Bitcoin? via @ColoradoBizMag http://t.co/jNOGCxjEEt
59 minutes ago
Mo. #creditunion house hosts summer caucus for state Dems #CUHouse @MCUA_news http://t.co/AoKth9ULDs
1 hours ago
La. #creditunion league launches new biz development council #NewsNow http://t.co/XTi6OFWS3Q
2 hours ago
Reap the benefits of #creditunion membership says @CharisseAmanda at @HuffingtonPost http://t.co/zCndkbaM2S
2 hours ago