ADCU pushes mutual banking into the Digital Age
Announcement posted by ADCU (Australian Defence Credit Union) 22 Jul 2015
Mobile banking has never been easier for members of the Australian Defence Credit Union (ADCU) with the release of the new ADCU mobile banking app.
Having achieved a remarkable download rate of over 10% since launch on June 19, CEO John Ford said the new iOS and Android app gives members the mobile banking experience they’ve been looking for.
Developed in partnership with payments specialist Cuscal, the app’s advanced functionality allows users to show all accounts and transactions, pay anyone via bank to bank or BPAY, change card PIN or find the nearest ATM. The app also has HCE payment technology which allows Android phone users to make contactless payments everywhere Visa payWave is accepted.
The release of the app follows ADCU’s recently launched mobile optimised website and application system, making its digital offering among the most advanced of any Australian mutual financial institution.
These enhancements are part of a clear mobile first strategy for ADCU. “With the majority of ADCU’s member base under the age of 40 and constantly on the move due to deployments, we recognise how important mobile technologies are to member satisfaction” said Mr Ford.
“Member expectations are rising in terms of access and timeliness. It’s our obligation as a member owned organisation to give our members the best tools possible to efficiently manage their money.”
ADCU’s mobile app is available to download for free from Google Play and the App Store.
Notes for editors:
ADCU is Australia’s longest serving Defence financial institution and have been providing banking services to the greater Defence community since 1959. They are an Authorised Deposit Taking Institution with branches on major Australian Defence bases, over 48,000 members and funds under management of $1.10 billion. ADCU is regulated by APRA. Find out more about ADCU at www.adcu.com.au or follow us on Facebook .
Cuscal is Australia’s leading provider of end-to-end payments solutions, working with more than 100 clients across a diverse range of industries. In recent years we have helped our clients to operate at the forefront of banking innovation. We were first to issue a Visa Debit card in Australia and our redi2PAY app was the first HCE-based mobile payment solution in the Asia Pacific region.
Find out more about Cuscal at www.cuscal.com.au or follow us @cuscal or LinkedIn.com/company/cuscal.