California-based Clickatell, a global messaging company, has announced that mFoundry has agreed to use its SMS messaging and gateway services for its three-mode mBanking product. mFoundry is currently offering integrated SMS, WAP and mobile applications including native support for iPhone and iPod Touch.
Jacob Jegher, senior analyst at Celent’s Banking Group, commented, “It is a very exciting time in mobile banking. Soon, people around the world will be using their mobile phone in place of their wallet. We’re already seeing many forms of text banking–including SMS receipts, mobile alerts, money transfers, balance checks, and more–in the US and especially in other regions where people have become accustomed to banking anywhere, anytime.”
Pieter de Villiers, CEO, Clickatell, said: “SMS plays an essential role in delivering compelling mobile banking services across every segment of interest to financial institutions everywhere. We are proud to work with mFoundry, a company that continues to lead and guide this fast moving mobile banking market.”
Drew Sievers, CEO and Co-founder, mFoundry, said: “Clickatell offers access to more than twice the carrier connections of the nearest competitor, which gives our regional and community bank customers a higher level of coverage than any other text banking provider.”
mFoundry provides mobile banking and payment solutions for banks, credit unions, processors and operators. The platform has been adopted by some of the largest banks, mobile operators and bank technology providers in the US.
