The Subchapter S Bank Association today announced an exclusive relationship with Unwired Nation to promote the company’s Unwired Banking solution for mobile banking to more than 2,200 community banks in the US. The Association, dedicated to the promotion of issues affecting community banks organized as subchapter s taxable entities, made the announcement at its 17th annual conference.
“Unwired is not new to mobile banking,” said Patrick J. Kennedy, Jr., President of Subchapter S Bank Association. “In partnership with an industry-leading online banking provider, it has powered mobile-banking applications for community banks since 2011. What the company is doing with Unwired Banking is ground breaking. We believe it’s critical for our members to have the best, most innovative and affordable mobile-banking platform possible as they compete against the big banks. Unwired Banking gives them exactly what they need at a price community banks can afford.”
Further highlighting the affordability of the platform, Subchapter S Banks and Unwired Nation have announced a discount exclusively for Subchapter S-type banks.
“Unwired Banking can save our members tens of thousands of dollars,” said Kennedy. “We encourage our members to take a serious look at this exciting new mobile banking platform.”
Unwired Banking, the mobile banking platform from Unwired Nation, was announced Oct. 23, 2014. Unwired Banking enables community financial institutions to extend their brand and personal banking relationships beyond brick and mortar to their retail customer’s smartphones.
“We couldn’t be more excited to be working with the Subchapter S Banks team. The goals of both organizations are aligned: to help promote and empower community banks,” said Cheré Heintzmann, CEO of Unwired Nation.
Subchapter S Bank Association reaches more than one-third of the addressable market for community banks in the US with its educational and professional outreach.
“Unwired Banking brings community financial institutions the features that their customers are demanding today in a mobile banking app, and will meet their needs for future-forward features like mobile payments and biometric security, all with one revolutionary platform” said Dana Bowers, founder of iPay Technologies and Digital Compliance, LLC.
“Our brand is important to us,” said Joel Rosenberg, vice president of Valley Bank of Kalispell, Montana. “Unwired Banking will provide the kind of excellent user experience our customers deserve,” said Rosenberg. “They will be able to download it directly from the app store by searching for our bank. Other so-called ‘affordable’ solutions like Touch Banking require multiple steps to set up and download the application per customer. We felt that our customers deserved better. We’re excited to be launching our mobile application powered by Unwired Banking in the near future.”
Unwired Banking puts customers’ security front and center. The mobile banking platform meets or exceeds FFIEC guidelines for security today. Unwired takes security further, embracing advanced account security measures by supporting two-factor security of through customer’s online banking solutions.
“Community banks and credit unions have historically lagged behind the major financial institutions in the US when it comes to advanced mobile capabilities. Unwired Banking is built from the ground up to bring mobile technology to these institutions faster than ever before,” said C. Eric Smith, Unwired Nation’s co-founder and vice president of Business Strategy.”
Subchapter S Bank Association, Inc. is based in San Antonio, Texas and was created in 1998 to provide financial institutions that have either elected, or are interested in, subchapter S tax status, a unified voice through which to promote and protect the benefits available under a subchapter S election. Unlike many other associations, members of the Subchapter S Bank Association share a common interest in their dedication to protecting and enhancing shareholder value through subchapter S treatment.
Unwired Nation is based in Austin, Texas. Unwired Banking is based on the company’s patented mobile-application platform that enables it to scalably deploy and manage thousands of native apps for its customers.
For press inquiries or additional information, please contact C. Eric Smith (eric@unwirednation.com) at 512-646-1503, or visit www.unwirednation.com.
