Transcard Adds Apps For Mobile Banking - InformationWeek
IoT
IoT
Software // Enterprise Applications
News
3/28/2008
01:00 PM
Connect Directly
Facebook
Twitter
RSS
E-Mail
50%
50%
RELATED EVENTS
Threat Intelligence Overload?
Aug 23, 2017
A wide range of threat intelligence feeds and services have cropped up keep IT organizations up to ...Read More>>

Transcard Adds Apps For Mobile Banking

Transcard Mobile was built for payroll card members with text-enabled cell phones and gives them full bank account access using their mobiles.

Transcard unveiled two new financial applications this week, further evidence that developers are determined to turn mobile phones into banking passbooks.

The software vendor said Transcard Mobile was built specifically for payroll card members with text-enabled cell phones and gives them full bank account access using their mobiles.

Transcard Mobile also includes a new, WAP-enabled mobile Internet Web site, where cardholders can make balance inquiries, get text alerts for balances, confirm transactions, and transfer funds securely. Mobile users will also retain access to a voice-response system for controlling specific account activities, Transcard said.

The company also unveiled Electronic Payroll Stubs, which distributes electronic wage statements and payroll updates via SMS texts.

Transcard offers a variety of electronic funds transfer services including direct-to-card payroll technology, electronic fuel and transaction processing, and health care and gift card products. The company expects to process more than $1.8 billion in transactions this year, up from $1.2 billion in 2007.

"With advancements in the realm of SMS messaging and electronic statements, Transcard can truly support a paperless society and aim to save an estimated 205,000 trees a year that contribute to the production of payroll stubs that are never opened," said Craig Fuller, CEO of Transcard, in a statement. "Our mobile initiative will achieve two goals -- eliminate waste involved with cutting paper stubs, and reinforce Transcard's commitment to an eco-friendly environment."

In conjunction with the Transcard Mobile Initiative, Transcard said it also has overhauled its Transcard.com Web site to improve how customers establish account alerts, download reports, and track expenses.

Comment  | 
Print  | 
More Insights
Comments
Newest First  |  Oldest First  |  Threaded View
[Interop ITX 2017] State Of DevOps Report
[Interop ITX 2017] State Of DevOps Report
The DevOps movement brings application development and infrastructure operations together to increase efficiency and deploy applications more quickly. But embracing DevOps means making significant cultural, organizational, and technological changes. This research report will examine how and why IT organizations are adopting DevOps methodologies, the effects on their staff and processes, and the tools they are utilizing for the best results.
Register for InformationWeek Newsletters
White Papers
Current Issue
IT Strategies to Conquer the Cloud
Chances are your organization is adopting cloud computing in one way or another -- or in multiple ways. Understanding the skills you need and how cloud affects IT operations and networking will help you adapt.
Video
Slideshows
Twitter Feed
Sponsored Live Streaming Video
Everything You've Been Told About Mobility Is Wrong
Attend this video symposium with Sean Wisdom, Global Director of Mobility Solutions, and learn about how you can harness powerful new products to mobilize your business potential.
Flash Poll