Jack Henry & Associates, Inc. (JKHY), a leading provider of technology solutions and payment processing services primarily for the financial services industry, announced today the formal launch of PointMobility, the real-time retail and commercial banking iPad App that provides anywhere, anytime functionality.
PointMobility leverages capabilities available with the company's goDough mobile banking solution and introduces new commercial banking capabilities.
The PointMobility tablet App supports traditional in-branch and online transactions such as balance inquiries, funds transfers between accounts, electronic bill payments, alerts, transaction viewing; and accommodates all account types, including checking, certificates-of-deposit, money markets, loans, and lines-of-credit. Commercial functionality includes the ability to release wires and ACH batches, and manage positive pay exception items.
Initially available for the iPad and iPad Mini, the real-time App uses the same login credentials and multi-factor authentication required for online banking access and authentication, is configured to match established bank branding, and is efficiently managed with an intuitive back office application.
According to Bryna Butler, vice president, market and e-Strategies officer for Ohio Valley Bank, "A contemporary and evolving mobile strategy is important to our customers and for our bank's competitive positioning. Tablet banking is the next logical extension of our mobile strategy and we believe it will continue to evolve into a high-demand access and delivery channel. Tablet banking provides our retail and commercial customers with an extremely reliable and secure banking service that provides virtually anytime, anywhere access and an intuitive user experience. Expanding our mobile strategy with this new self-service channel also helps us retain and attract loyal customers, and provides another competitive distinction in the markets we serve."
According to John Venzon, general manager of Internet Solutions for Jack Henry & Associates, "Internet, mobile, and now tablet banking are strategic services that financial institutions must offer to attract and retain convenience-driven retail and lucrative commercial customers in today's highly competitive financial services industry. We are uniquely positioned to leverage our mobile functionality to deliver proven tablet banking to further enhance customer convenience, self-sufficiency, and service. We expect our PointMobility tablet App will generate strong adoption rates consistent with goDough since bank customers now expect virtually every online banking service to be delivered via the mobile and tablet channels."