MOUNTAIN VIEW, Calif.—First Tech has become the first credit union to join the Early Warning clearXchange network, which enables members to securely send money to any recipient with a bank account in the United States using only the recipient’s mobile number or email address.
The network has more than 25 million registered users, and customers from over 7,500 financial institutions sent or received a payment through the network in 2015.
Early Warning, Scottsdale, Ariz., is a provider of real-time payments, authentication and risk mitigation, said that First Tech FCU has joined its clearXchange network.
“Our members are forward-thinking tech leaders and entrepreneurs,” said Greg Mitchell, president and CEO of the $8.6-billion First Tech. “Becoming part of this network keeps us dedicated to their needs – delivering unique, secure banking experiences relevant to their lifestyle.”