LAKE MARY, FL, April 8, 2015 /CNW/ - DH Corporation (TSX: DH) ("D+H")
today announced a strategic alliance with Malauzai Software, Inc., an
industry leader in the rapidly growing mobile banking market, to
jointly develop and deploy advanced mobile banking solutions to D+H
core system and Internet banking clients. Together, D+H and Malauzai
will empower their community banks and credit unions to deliver the
most intuitive and secure mobile banking experience available today to
financial institutions of any size.
With the proliferation of mobile devices, consumers, particularly
Millennials, expect the convenience of managing their finances -from
viewing account balances to paying bills or depositing checks -from any
device they choose. D+H will help clients meet those demands with the
Mobile Banking Applications powered by Malauzai. The solution enables
financial institutions to offer a rich mobile experience that performs
consistently across a multitude of device form factors and operating
systems. It will further support their ability to transform the mobile
channel from a business cost into a revenue-generating opportunity.
"This is a critical strategic relationship for D+H," said Bill Neville,
president, D+H U.S.A. "We are committed to helping all of our clients
seize the opportunity mobile presents. Malauzai offers the
market-leading product, and the company has accumulated a wealth of
knowledge and the dedicated development resources needed to keep our
clients ahead in the rapidly evolving mobile world. By offering the
Mobile Banking App powered by Malauzai, in addition to our existing
Cavion® Mobile Banking App solution, we can provide our clients choice,
flexibility and the most innovative and modern mobile experience
available on the market today."
Highly rated for user experience, robust mobile banking features, in-app
marketing and rich security capabilities, Malauzai mobile banking
solutions are already used by nearly 350 community banks and credit
unions.
"Malauzai is delighted to collaborate with D+H through this strategic
alliance," said Tom Shen, Founder & CEO, Malauzai Software. "We are
both focused on helping community banks and credit unions compete and
win in the marketplace. By leveraging Malauzai's innovative mobile
platform, coupled with deep core and payments integration, D+H will
deliver to its clients a best-in-class mobile solution at a very
attractive price point."
About D+H
D+H (TSX: DH) is a leading financial technology provider the world's
financial institutions rely on every day to help them grow and succeed.
Our lending, payments and enterprise solutions are trusted by nearly
7,000 banks, specialty lenders, community banks, credit unions and
governments. Headquartered in Toronto, Canada, D+H has more than 4,000
employees worldwide who are passionate about partnering with clients to
create forward-thinking solutions that fit their needs. With annual
revenues of more than $1 billion, D+H is recognized as one of the
world's top FinTech companies on IDC Financial Insights FinTech
Rankings and American Banker's FinTech Forward ranking. For more information, visit dh.com.
SOURCE DH Corporation
