Fiserv has won the deal to provide its Popmoney peer-to-peer payments product to Ally Bank‘s new mobile banking platform.
Ally officials told Bank Innovation yesterday that it has decided to install Popmoney for P2P payments on the bank’s mobile banking platform. Ally, which already has deployed Popmoney online, will add Popmoney to its mobile app in 2013.
Terms of the deal were not released.
Ally released the long-awaited v2.0 of its mobile banking application on Nov. 18. The mobile app includes several new features, including remote-deposit capture (RDC) and bill pay. Reviewers on iTunes give the new version of Ally’s app four out of five stars.
Meanwhile, mobile banking will be Fiserv’s major focus in 2013. The company plans to implement several upgrades to Popmoney next year, as well.
Ally serves about 12.5 million customers across all its businesses. Ally Bank is a subsidiary of Ally Financial.