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Tyfone, Bank of Oswego Partnership Brings Mobile Financial Services to Customers.


Tyfone, Inc.'s Application to Provide Secure Financial Services The examples and perspective in this article or section may not represent a worldwide view of the subject.
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 Through Mobile Handsets

PORTLAND Portland, town, England
Portland, town (1991 pop. 12,945), Dorset, S England. It is on the Isle of Portland, a small rocky peninsula. Portland stone has been used in St. Paul's Cathedral and other important London buildings. Lobsters and crabs are harvested.
, Ore. -- Tyfone Inc., a developer of next generation applications that enable secure banking and payments on mobile handsets, and Bank of Oswego Oswego, city, United States
Oswego (ŏswē`gō), city (1990 pop. 19,195), seat of Oswego co., N central N.Y., on Lake Ontario and the Oswego River; founded 1722, inc. as a city 1848. The largest U.S.
, a locally owned and managed full service community bank located in Lake Oswego Lake Os·we·go  

A city of northwest Oregon, a residential suburb of Portland. Population: 35,800.
, Ore., announce a partnership and implementation of Tyfone's secure mobile financial services technology. Tyfone's technology will enable Bank of Oswego customers to use their mobile handsets for secure mobile banking and merchant programs and services.

"Tyfone's mobile platform provides banks an opportunity to match their customers' modern lifestyle of mobility and convenience," says Tom Spitzer, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of Tyfone. "We are proud to partner with Bank of Oswego to make the bank and merchant services Merchant services is the name given in the United States to a broad category of financial services intended for use by businesses. In its most specific use, it usually refers to the service that enables a business to accept a transaction payment by use of the customer's credit or  accessible anytime, anywhere to their customers."

Tyfone will provide select Bank of Oswego customers with secure banking cards to insert in their mobile handsets. These memory card clones will enable the handsets to perform banking activities such as fund transfers, bill payments, and some point of sale transactions; all with greater security, convenience and mobility than online banking.

"Tyfone's solution isn't just about technology but is an advancement in customer service. It enables Bank of Oswego to offer customers a new level of convenience and service by integrating banking into their daily lives, through their mobile phone," says Dan Heine, CEO of Bank of Oswego. "Tyfone's solution also provides us the autonomy to determine how our customers want to use their handsets, how to best reach out to them, and how to provide services when they're needed."

How It Works

Tyfone's solution links a bank's core systems with existing mobile communications infrastructure through multi-layered security protocols. Customers receive bank-branded memory card clones for their phones that enable secure, mobile financial banking and payments.

Tyfone's card enables dynamic access between merchants and customers to deliver customized services and programs directly to the customer's mobile phone. Retailers and merchants sign up online to be a part of the bank's mobile system, and have no need to install new technology or equipment.

About Tyfone

A developer of next generation solutions for mobile handsets, Tyfone was founded in 2004 by a core team of financial services industry leaders and technology development experts. Tyfone USA is headquartered in Portland, Oregon Oregon, city, United States
Oregon, city (1990 pop. 18,334), Lucas co., NW Ohio, a suburb adjacent to Toledo, on Lake Erie; inc. 1958. It is a port with railroad-owned and -operated docks. The city has industries producing oil, chemicals, and metal products.
, with Asia-Pacific headquarters in Bangalore, India. Manufacturing is outsourced to Taiwan. For more information, visit www.tyfone.com.

About Bank of Oswego

The Bank of Oswego is a locally owned and managed full service community bank headquartered in Lake View Village. The Bank of Oswego serves businesses, individuals, entrepreneurs, women in business, and the mature market through: complete lending and deposit services; a mobile branch courier A monospaced typeface originating from the typewriter that is commonly used for letters. It is still considered by many to be the "appropriate" typeface for business correspondence.  service; on-line banking; complimentary ATM usage; complimentary access to a "Community Room" for meetings; and an "At Your Service" concierge, who will provide expertise on local attractions (Magnetism) an attraction near a compass, causing its needle to deviate from its proper direction, especially on shipboard.

See also: Local
, information about local events, and assistance with special arrangements.
COPYRIGHT 2007 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jan 8, 2007
Words:479
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