Press Releases

April 26, 2011
Tyfone Inc.(tyfone.com),this week launched what appears to be the first solution from a third-party vendor that allows any consumer with a mobile device to enroll in, and then use, mobile banking directly from a handset.

Tyfone (tyfone.com), a mobile financial solutions provider, today announced the issuance of a seminal patent for over the network provisioning of add-on smartcard secure elements.

CoVantage Credit Union (CVCU), serving 17 counties in Wisconsin and Michigan, has chosen Tyfone to provide its comprehensive suite of mobile wallet services so that it may better serve CVCU members with their every day mobile financial services needs. Tyfone’s mobile wallet services include Symitar Episys core integrated mobile banking, enhanced strong ID authentication mobile security and NFC contactless payment technology.

There is a lot of noise in the market about electronic wallets, mobile wallets and NFC these days. There is the Google Wallet, the Isis Wallet, the Visa Wallet and of course the impending much speculated Apple Wallet, which will probably be called the, you guessed it, iWallet. Electronic wallet, mobile wallet and NFC are often used interchangeably by various wallet junkies, including yours truly, which become a source for confusion when it comes to privacy, security and convenience – the things which are most important to the consumer.

August 1, 2011

Star One Credit Union The CU’s 86,000 members are geographically scattered but still mailing in paperbased checks. A mobile solution that integrates tightly enough with the core system yet still allows customization. Executives at Star One Credit Union knew it was time to reestablish mobile banking for their members. For starters, the Sunnyvale, Calif.-based institution’s five branches reside within the most famous tech corridor in the world, Silicon Valley.

Tyfone (tyfone.com), announced today an agreement with AboMem Technology Corp. (www.abomem.com.tw), Taiwan’s premier memory products manufacturing company, to manufacture, distribute and service Tyfone’s SideTap™ microSD NFC products. This partnership also includes a widespread distribution of SideTap microSD cards to consumers throughout The People’s Republic of China via AboMem’s extensive distribution network.

Tyfone (tyfone.com), announced today the availability of iCashé™, a new mobile wallet and eCommerce engine that for the first time delivers purchasing power through any mobile banking application. Built entirely on top of Tyfone’s award-winning u4ia® mobile financial services platform, iCashé is the industry’s only service to blend comprehensive mobile banking features with convenient consumer purchasing, gifting and loyalty programs. With the option of adding Tyfone’s SideTap™ microSD secure element technology, iCashé also provides contactless NFC payments and the highest level of secure identity management. Read more

November 29, 2011

Portland, Ore.-based OnPoint has announced it is the first credit union to offer iCashe Mobile Wallet, an innovative tool created by another Portland organization – technology developer Tyfone – that will let OnPoint mobile banking users purchase gift cards on their smartphones.

CoVantage Credit Union (CVCU), serving 17 counties in Wisconsin and Michigan, today announced the availability of Tyfone mobile wallet services to its members. CVCU teamed with Tyfone to bring mobile wallet services which include Symitar Episys core integrated mobile banking, enhanced strong ID authentication mobile security and a path to NFC contactless payment technology to its more than 66,000 members.

RTN Federal Credit Union (RTN FCU), serving communities in suburban Boston, Massachusetts, will provide its members a comprehensive suite of mobile wallet services and mobile financial services powered by Tyfone’s next generation mobile banking solution. Tyfone’s mobile banking services will be integrated directly into RTN’s Fiserv hosted XP2 core.