CFC Technology Partners with Malauzai Software to Deliver Mobile Banking

Minnetonka, MN, March 23, 2012 --(PR.com)-- CFC Technology has partnered with Malauzai Software, Inc. to deliver mobile banking technology to community banks and credit unions. Better known as “Mobile 2.0,” Malauzai’s innovative technology gives financial institutions the ability to provide a comprehensive mobile banking experience to all of their customers including both businesses and consumers.

“Malauzai offers what contemporary mobile users are demanding,” said Mark Walinske, CEO and President of CFC Technology. “They [Malauzai] actually ‘get it’ when it comes to Mobile 2.0—unlike first generation mobile technology companies. Our customers will see the difference without much fanfare.”

“CFC has a great market presence,” said Tom Shen, CEO of Malauzai Software, Inc. “We like their ‘David beats Goliath’ approach to supporting their customers along with their concentration in certain segments that we believe we can grow together.”

Malauzai’s mobile banking technology goes beyond first generation banking apps that simply tie into online banking portals. The company’s second generation “SmartApps” link directly to the core system of a financial institution. By connecting directly with an FI’s core, the applications can be tailored by the FI to fit the needs of both business and consumer account holders with a variety of services including Bill Pay, Person to Person payments, Debit Card On/Off security, and Card Marketing Rewards programs.

CFC adds this technology solution to their RDC Managed Services™ program that currently includes remote deposit capture, remittance, lockbox, and mobile capture.

About CFC Technology
CFC Technology un-complicates growth for FIs. We help financial institutions strengthen customer relationships and secure new business. How? By providing a seamless, bundled RDC solution tailored to each FI’s specific needs. Our unprecedented RDC Managed Services™ approach includes merchant marketing, installation, insight, and support. At CFC, we deliver the complete package for your RDC needs. For more information, visit www.cfctechnology.com.

About Malauzai Technology, Inc.
Malauzai Software provides cool SmartApps for end users to access banking and customer service features from portable devices such as SmartPhones and SmartTablets (iPad). This innovative technology is an introduction to next generation mobile banking and is in direct response to the demand within the new mobile channel and SmartApp space for a user‐driven mobile banking experience.