March 06, 2015 1:00 PM ET

Software

Company Overview of Malauzai Software, Inc.

Company Overview

Malauzai Software, Inc., a technology company, provides mobile solutions for small and medium sized community-based financial institutions and IT companies. It offers SmartApps that enables customers to access banking and customer service features from portable devices, such as SmartPhones and SmartTablets/iPad. The company also provides professional/mobile solution consulting services, such as readiness audits, engagement packages, and project-based consulting. Malauzai Software was incorporated in 2010 and is based in Calabasas, California.

5306 Enderby Court

Calabasas, CA 91302

United States

Founded in 2010

Phone:

978-443-8487

Key Executives for Malauzai Software, Inc.

Chairman and Chief Executive officer
Age: 57
Chief Product Officer
Compensation as of Fiscal Year 2014.

Malauzai Software, Inc. Key Developments

First United Bank Launches Next-Day Person-to-Person Payments with Malauzai Software and Payveris

Malauzai Software has partnered with digital payments services provider Payveris to offer its clients faster payments services. The integration is being used by Dimmit, Texas-based First United Bank to provide account holders next-day person-to-person (P2P) payments in an effort to better meet the needs of its millennial customer base in a competitive banking market. The two companies have created a seamless, core-neutral integration between Malauzai’s SmartApps and Payveris’ bill pay, account-to-account (A2A) transfer and person-to-person (P2P) payments via Payveris’ PayItNow™ network. The P2P feature is currently in use by First United Bank, as well as Wyomissing, Penn.-based Customers Bank/BankMobile. This integration places P2P functionality directly into the mobile banking SmartApp and enables customers to securely conduct payments via email or text message using a security challenge question.

Malauzai Software Launches SmartwebApps(TM) to Bring the Mobile App Experience to the Desktop

Malauzai Software has launched its SmartwebApps at FinovateFall in New York. The platform brings a native app-like experience to the desktop, offering the same functionality of Internet banking in addition to the advanced features and user experience of Malauzai's mobile banking SmartApps. The system was built based on three tenets: Mobile Only Experience (MOX): Consumers have shown their preference for the mobile channel. In fact, in its 2014 Consumer Channel Preference Survey, IDC Financial Insights predicted that mobile banking will overtake online banking by 2015. For this reason, the user experience needs to be designed for the mobile channel. Convergence: The SmartwebApp user experience is device agnostic and offers the same features and functionality no matter how the account holder accesses it, be it through their smartphone or via the browser on their desktop. Superior Economics: A sophisticated application management system enables a bank or credit union to use one SmartApp across all devices, computers and browsers, giving them the ability to replace online banking with a more cost-effective alternative. Currently, institutions pay a separate charge per user for both mobile and Internet banking. SmartwebApps eliminate the Internet banking fee, drastically cutting institutions' cost to offer both services.

Malauzai Software and Trusteer Team Up to Help Customers Bancorp Strengthen Security of Mobile Banking Application

Malauzai Software has teamed up with Trusteer to provide an integrated solution that is being used by Wyomissing, Pa. based Customers Bancorp, Inc. to strengthen the security of its mobile banking application. With the rate of mobile malware on the rise, this solution provides end users with an additional layer of security by integrating Trusteer's Mobile SDK security solution into Malauzai's SmartApps. With Trusteer's Mobile SDK embedded into a SmartApp, the device is scanned to identify a broad range of risks, including: Jailbroken (iOS) and Rooted (Android) devices, Missing Operating System (OS) security patches, Risky application configurations and permissions, Malware infections and Unsecured Wi-Fi access. Once the scan is complete, a mobile risk score is determined. Customers Bancorp uses this result to secure mobile banking transactions. Risk data is provided to the mobile banking app and can be used to restrict account functionality based on device risk levels.

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