Fiserv, the global provider of financial services technology solutions, has announced that Oregon-based Umpqua Bank – a subsidiary of Umpqua Holdings, has selected its Mobile Money, to enable customers to manage their finances using their mobile device.
Reportedly the functionalities available to customers will include: balance inquiries, transaction history, account transfers, bill payments, a variety of account alerts and ATM & branch locater. Additionally, the RenderRight technology utilized by Mobile Money will automatically customize the user interface for the consumer’s mobile device, allowing Umpqua to deliver a personalized mobile banking experience to each customer regardless of their mobile device or carrier.
It has been reported that in addition to Mobile Money, Umpqua relies on Fiserv for services that include: online banking and bill payment, personal money management, debit card and ATM services.
Colin Eccles, executive vice president and chief information officer, Umpqua Bank, said: “An appealing feature of Mobile Money is the flexible platform that will allow us to adapt to changing customer demand and an evolving marketplace. We could extend the service to our small business banking customers, or even expand into a variety of mobile payments like person-to-person or merchant payments in the future, if we choose to do so.”
