Rancho Cucamonga, Calif. Based CO-OP Financial Servicesannounced Mobile Banking 3.0, bringing new features to thecompany's mobile banking product line. Upgrades include Touch IDauthentication and expanded payment options.

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Mobile Banking 3.0 is available for the CO-OP Mobilecustom-branded credit union app and the Sprig by CO-OP turnkeymobile banking app.

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“Top of mobile is top of wallet today as consumers expect to beable to manage their money 24/7,” Todd Clark, president/CEO ofCO-OP Financial Services, said. “P2P payments specifically aregrowing by nearly 50% year over year, making it critical for creditunions to offer leading-edge technology in this space. CO-OP's Mobile Banking 3.0 serves today's digitally-mindedconsumers with a suite of advanced tools that deliver the speed,convenience and security they require.”

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According to CO-OP, the release of Mobile Banking 3.0 givesusers of CO-OP Mobile and Sprig the added security of Touch IDfingerprint authentication. In addition to more securetransactions, the technology eliminates the need for passwords.

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Mobile Banking 3.0 also offers push notifications for scheduledpayments, which automatically issue notification to members uponcompletion of transfers. Push notifications are available for anypayment generated in CO-OP Mobile or Sprig, including processingand delivery tracking of RealPay by CO-OP immediate P2Ppayments.

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Scheduled transfer options are also now available for RealPaypayments made within both CO-OP Mobile and Sprig. This newest enhancementallows for daily, weekly and monthly transfers from the member'ssmartphone.

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“What members expect today digitally has been shaped by techgiants like Google, Apple, Facebook and Amazon,” Clark said.“CO-OP is a digital-first organization, andMobile Banking 3.0 technology is built on our digitalinfrastructure. In addition to providing a superior mobileexperience for members, our mobile banking apps connect creditunions into our digital ecosystem, making it easier for them tooffer CO-OP Shared Branching and other services to members.”

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