Fiserv, a global provider of financial services technology solutions, is providing Mobile Money service to Bangkok Bank. Fiserv reported that Mobile Money Service, powered by technology from Atlanta-based M-Com, is a complete mobile banking and payments solutions due to its ability to support consumer banking via short messaging service (SMS), wireless application protocol (WAP) and downloadable mobile applications.
The bank’s customers can now access Bangkok Bank’s internet banking platform, Bualuang iBanking, securely on their mobile phone. The solution enables them to view account information, pay bills, transfer funds and top up their mobile phone account.
Karen Campbell, Executive Vice President of Bangkok Bank, said: “Bangkok Bank chose Mobile Money from Fiserv because it ensures our system is highly mobile, integrates the latest security technology and is able to be seamlessly integrated into our Internet banking systems to complement our wider offering.”
Todd Lesher, President, Electronic Banking Services, Fiserv, said: “Mobile Money from Fiserv is unique because it helps financial institutions deepen existing online banking relationships in addition to making their offline customer mobile banking relationships more profitable.”
Adam Clark, Founder and CEo of M-Com, said: “Bangkok Bank recognizes that the mobile channel is a vital part of its future. Our strategic alliance with Fiserv ensures that we can provide banks like Bangkok Bank with gold standard payments processing, innovation, operational excellence and industry-leading execution. This deployment is evidence of that commitment.”
The application is available in both English and Thai languages.
