Malauzai, an internet and mobile banking software provider, this week released the latest version of its SmartApps for community financial institutions. The launch includes new features which are delivered as a part of the company’s Mobile Only Experience (MOX) and offer a consistent user experience across channels for both banks and their customers.
Along with TouchID and an enhanced user interface, the Austin-based company has updated its software to include:
- SmartwebApps™
A mobile extension that brings the MOX to advanced browsers, allowing FIs to offer a consistent experience. - Enhanced Text Banking
Allows consumers to access balances, recent history and account transfers by texting a three letter message. - P2P payments
Facilitates P2P money transfers as quickly as next day. - Two-way secure messaging
Allows consumers to communicate directly with their banks and to attach relevant documents and pictures to their messages in a secure environment.
Regarding the upgrades, Robb Gaynor, chief product officer for Malauzai, says, “The features and enhancements in this newest version of our solution are a direct response to our customers’ desire to provide a unique and customized experience that remains consistent in look, feel and usability across any device.”
Founded in 2009, Malauzai has raised just over $24 million in five funding rounds. At the close of 2015, 400+ community FIs were using Malauzai’s solutions. In February, the company reported the total number of end customer downloads for its mobile banking SmartApps surpassed 1 million.
At FinovateSpring 2015, Malauzai launched its Virtual Banking Experience.