The new service is a product of Metavante Mobile Financial Services, and powered by Monitise Americas. It allows Futura cardholders to receive free text messaging alerts for many types of transactions and to obtain real-time card balance information on their cell phones.
Brad Golden, President of Futura, said: “Text messaging is a tremendously popular form of communication in today’s society, and we are very pleased to be able to offer our customers the information they demand in real-time and in a format they are comfortable with. Customers do not like dealing with an automated phone system to get their account information. This technology provides the customer with the same information in a more immediate and user-friendly manner.”
Jeff Lewis, President, ePayment and Mobile Solutions, Metavante, said: “More and more consumers are demanding a remote control for information regarding their finances. This feature set provides the standard for baseline mobile products to meet the consumer demand. The mobile phone is the remote control device that they are looking for.”
Lisa Stanton, CEO, Monitise Americas, said: “In today’s environment, debit and prepaid cards are taking over the top spot in our wallets. Futura is an emerging star in this prepaid marketplace, and we are very pleased to be working closely with them on bringing state of the art mobile banking solutions to the consumer.”
