[September 01, 2011] mFoundry Launches Mobile Banking Solution for Nassau Financial Tweet Aug 31, 2011 (Close-Up Media via COMTEX) -- mFoundry, a mobile banking company, announced Nassau Financial Federal Credit Union of Westbury, N.Y., has launched Mobile-24, its new mobile banking service powered by mFoundry's mBanking mobile banking solution. "We're always looking for ways to improve our members' banking experience," said Frank Cordano, CEO of Nassau Financial, in a release. "Mobile-24 allows our members to access their accounts at their convenience, using the mode and device that works best for them." "Financial institutions of all sizes are embracing the benefits of mobile banking," said Drew Sievers, co-founder and CEO of mFoundry. "As data-connected mobile phones continue to dominate sales within the U.S. market, consumers expect their bank or credit union to offer a compelling, rich service. Our partnership with Nassau Financial means that they are now able to deliver an industry leading mobile banking offering to their 30,000 members." "We wanted to work with a provider who seamlessly offers all three modes," adds Christopher Penna, Chief Operating Officer of Nassau Financial. "mFoundry also had the most promising product roadmap offering new features consistent with our strategic plan." Mobile-24 is a multi-mode mobile banking solution that includes mobile Web, native mobile apps and SMS/text banking. With Nassau Financial's Mobile-24, members can check account balances, review transaction history, transfer funds, pay bills, and find the nearest surcharge-free ATM and shared branch locations. Nassau Financial Federal Credit Union is a credit union. Branch locations include Oceanside, Garden City, East Meadow and Syosset with additional offices available through the Credit Union Service Center network. mFoundry is a mobile banking solution. mFoundry was founded by Drew Sievers and Rodney Aiglstorfer. ((Comments on this story may be sent to [email protected])) [ Back To TMCnet.com's Homepage ]