Firethorn Holdings, a wholly owned subsidiary of Qualcomm Incorporated (Nasdaq:QCOM), today announced that Pennsylvania State Employees Credit Union (PSECU) has joined its growing list of financial clients and recently began offering Firethorn's mobile banking service to its more than 370,000 members.
With $3.6 billion in credit union assets, PSECU is one the largest credit unions in the United States.
"PSECU maintains a branchless business model, so expanding into the mobile environment gives them a new opportunity to provide members with innovative and convenient services," said Rocco Fabiano, president of Firethorn. "We look forward to evolving PSECU's mobile commerce strategy and helping them to increase satisfaction among their members."
The agreement between Firethorn and PSECU will enable PSECU members to manage their finances through Firethorn's mobile banking service, as well as the PSECU-branded iPhone application. Using their mobile devices, UFCU members will be able to view their account balances, access their transaction histories, and transfer funds and pay bills.
"At PSECU, we have provided valuable tools and superior service to our members for more than 75 years," said Gregory A. Smith, president of PSECU. "We've found that our members like the added convenience of managing their finances on the go. By using Firethorn's mobile solution, they can access time-sensitive information from their mobile device at any time."