As a result, smartphone users will now be able to browse and buy gift cards electronically from entertainment, fashion, dining and home improvement brands that have a relationship with Blackhawk Network. The purchased gift cards are accessible via the consumer’s smartphone and can be redeemed electronically at participating merchants.
mFoundry’s Fin.X enables financial institutions to deliver more mobile banking features to smartphones and tablets through a new architecture and a newly created Service Provider Network. By adopting mFoundry’s Fin.X, institutions can provide a mobile banking experience that delivers remote deposit capture, peer-to-peer money transfer, account funding, mortgage rates, auto insurance quotes, account opening, gift card issuance, merchant funded offers and retail bar-code scanning, among other features.
mFoundry offers mobile banking and payments services to financial institutions such Fidelity National Information Systems, First Data, NCR, the CO-OP Financial Services and PSCU Financial Services via its platform, which also includes a mobile wallet functionality. In recent news, mFoundry has entered an agreement with US-based online, mobile and social payments platform provider Dwolla to deliver peer-to-peer (P2P) payments to a number of US banking customers.
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