Cell Phone News

mFoundry to offer m-banking services to Verizon’s users

By Dusan Belic on Friday, May 18th, 2007 at 3:08 AM PST In Announcements, Services, Verizon

mFoundryFollowing the similar deal with Sprint, mobile applications provider mFoundry announced that it is now working with Verizon (NYSE: VZ) Wireless on a mobile banking and financial services solution. Again, mFoundry’ s Spotlight Financial Platform turnkey solution will be used to allow users to easily check account balances, search transactions, transfer funds, pay bills and find ATMs and branches via mobile.

“We are extremely pleased to be working with Verizon Wireless,” said Drew Sievers, mFoundry’s chief executive officer and co-founder. “Their support of Spotlight is a dramatic and important proof point that the market desires a solution that is flexible enough to address the needs of all parties in the mobile financial ecosystem.”

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