SAN FRANCISCO, CA (Vocus) 9 January 2007
mFoundry, an award-winning mobile application platform provider, today announced the official release of its mobile banking product. With fast deployment and broad device coverage, the product mBanking financial institutions with the most flexible and comprehensive solution for mobile banking sector, effectively the basis for the widespread introduction of mobile banking solutions in the next year.
The product
mBanking full online banking functionality with security fully comparable to allow the traditional Web banking best practices. mFoundry is currently working with some of the world’s largest banks, including Citibank North America.
The product from mFoundry
mBanking provides the following benefits:
? Easy Integration – OFX interfaces provide for easy bank integration, partnerships with leading internet banking, payment and processing solutions help banks use the base of the existing interfaces.
? Safety – compliance with FFIEC guidelines for multi-factor authentication, integrated customer service offering banks the ability to remotely disable the application.
? Feature rich – Enables full online banking functionality, such as account information and retrieval transactions, bank transfers, pay bills, branch information and much more.
? Crossmember Solutions – mBanking provides a unified solution for banks and their customers through the major U.S. carriers, including Sprint, Verizon, Cingular, T-Mobile, Alltel, U.S. Cellular, and Dobson as well as popular MVNOs, including Amp ‘d, Virgin Mobile, and others.
? Easy Set-Up and Self-Management – Lets banks configure the application to their specific needs without Java or BREW mobile development experience.
? Updates on the Fly – Banks can manage the available functions and provide updates on the fly, without requiring the user to reinstall the application.
? Advertising Support – Enables advertising or in-house promotions within banking applications and tracks performance.
? International Support – Banks with international requirements to take advantage of the situation, their mBanking solution in regions outside the United States.
“We have designed our mBanking product as a solution, the bank is open and friendly support. It allows us to serve the full range of banking and offer customers the best possible user experience,” said Drew Sievers, CEO and cofounder of mFoundry. “Large banks want to own the customer relationship, and a consistent brand management – .. Our solution provides just the small and medium-sized banks operate, we have fostered key partnerships to extend sales reach and accelerate the integration process, we I firmly believe that to see the financial institutions fueled the demand for mobile solutions for customers in the coming years. Our mBanking product allows banks to take the first step forward, and positions us as a leader in this emerging market. “
This version of the product
mBanking focuses on downloadable applications, additional support for SMS and WAP will follow in early 2007. New features will soon be introduced as a support for the mediation, prepaid and stored value management, P2P payments, and other advanced features. The product is as mBanking in the premise license or as an ASP-based product available. For more information, visit http://www.mfoundry.com.
About mFoundry
mFoundry is an award-winning platform provider for mobile applications. mFoundry of mWorks? Platform provides a complete solution for developing, deploying and managing applications. With mFoundry mWorks solutions for banking, sales force automation and carrier-grade advertising solutions has created. mFoundry was recently selected as one of “10 emerging wireless players to watch” by IDC. For more information, visit http://www.mfoundry.com.
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