Top Ten Credit Union Alliant Selects PSCU Financial Services and mFoundry for Mobile Banking

CHICAGO--(BUSINESS WIRE)--Chicago-based Alliant Credit Union announced it has selected PSCU Financial Services and mFoundry to deliver mobile banking to its 250,000-plus members. With more than $6 billion in assets, Alliant Credit Union is the seventh largest credit union in the U.S. Its members include employees, family and retirees of select employer groups and organizations nationwide.

The mobile banking solution from PSCU Financial Services and mFoundry eliminates costly implementation processes by tapping into the cooperative’s existing connectivity with multiple data sources. The solution includes comprehensive 24/7 support by customer representatives as well as turnkey marketing support.

“Mobile banking is another service in our Remote Channel strategy to deliver a world-class online banking and remote access member experience,” explained Rudy Pereira, chief technology and operations officer of Alliant Credit Union. “PSCU and mFoundry offered a secure mobile banking solution, technology infrastructure and support systems that aligns with our strategies to provide innovative member services.”

“Alliant is one of the most innovative credit unions in the U.S. and we look forward to bringing new features and services to their member base,” said John Pembroke, chief marketing officer of PSCU Financial Services. “We are continually working with mFoundry to ensure our mobile banking solution leads the market in features and functionality.”

“PSCU Financial Services is the nation’s largest credit union service organization and our mobile banking solution is the only one in the marketplace specifically tailored for credit unions,” said Drew Sievers, CEO and co-founder of mFoundry. “Our solution enables hundreds of PSCU’s member-owned credit unions to deploy mobile banking quickly and cost effectively.”

About Alliant

Alliant Credit Union, founded in 1935, is a not-for-profit, independently operated financial cooperative serving over 140 employee groups with more than 250,000 members and over $6.0 billion in assets, making it the largest credit union in Illinois, and the seventh largest in the nation, based on asset size.

As a member-owned financial institution, Alliant exists to foster members' financial well-being and to serve their best interests. Alliant is headquartered in Chicago, Illinois at 11545 W. Touhy Avenue and is an Illinois-chartered credit union, and as such, is under the supervision of the Illinois Department of Financial and Professional Regulation. Alliant is an equal housing lender and federally insured by the National Credit Union Share Insurance Fund, which is administered by the National Credit Union Administration, an independent agency of the U.S. Government. Alliant's main telephone number is 800-328-1935.

www.alliantcreditunion.org

PSCU Financial Services

Based in St. Petersburg, Florida, PSCU Financial Services is the nation's largest credit union service organization (CUSO) and serves more than 1,300 financial institutions nationwide. As a non-profit cooperative, the company is owned by more than 600 member credit unions representing over 13 million accounts and 860,000 online bill payment subscribers. Its Contact Centers handle more than 16 million inquiries a year.

PSCU Financial Services offers 24/7 member support through four Contact Centers: its Eastern operations center in St. Petersburg, Fla.; a Western operations center based in Phoenix, Ariz.; and two call centers in Detroit, Mich. These Contact Centers perform member servicing and new member acquisition, cross-selling and automated lending solutions as well as support for debit/credit/prepaid cardholders and online bill payment subscribers.

Established in 1977, the company provides a broad array of cost-effective, high quality financial services that include credit, debit, ATM, prepaid, bill payment and contact center solutions. PSCU Financial Services uniquely offers its members a full range of processing options, any combination from full service to in-house pass through processing for credit, debit and ATM transactions. As a leader in the credit union movement, the company offers gateway access to national and regional networks. It also provides full function ATM terminal driving services. For more information, visit PSCU Financial Services’ website at www.pscufs.com.

About mFoundry

mFoundry provides a comprehensive mobile banking and payments solution for banks, credit unions, processors and operators. With specific programs for financial institutions of all sizes, the out-of-the-box platform supports full service mobile banking and mobile payments and serves as an ideal foundation for mobile wallets. The platform has been adopted by some of the largest banks, mobile operators and bank technology providers in the U.S.

mFoundry is based in the San Francisco Bay Area and has been recognized as one of “10 Emerging Wireless Players to Watch” by IDC as well as the top "Tech Company to Watch" and a top 5 “Innovator of 2008” by Bank Technology News. For more information on mFoundry, please visit www.mfoundry.com.