mFoundry presents its three mode mobile banking solution

mFoundry, leader of mobile financial services, which provides a comprehensive mobile banking and payments solution for banks, credit unions, processors and operators, declared about an enhancement of their mBanking product. Two new modes added to mFoundry’s mobile banking product are support for text banking (SMS) and alerts, as well as support for mBanking within the mobile web browser (WAP). This enhancement will make company’s mobile banking product the most complete solution in the market with integrated SMS, WAP, and mobile applications, such as support for iPhone and iPod Touch.

So, mFoundry’s three mode product for mobile banking allows any financial institution to utilize all mobile modes as one integrated product. Customers can use wide range of devices from lower-end devices to smartphones. Significant percentage of mobile financial services users are represented now by iPhone and iPod Touch users. mFoundry offers rich application functionality for such types of devices, having great experience in deployment of iPhones.

“An integrated, three mode solution for our partners and customers provides the most powerful, comprehensive and cost-effective way to deliver financial services across the mobile channel,” said Drew Sievers, CEO and co-founder of mFoundry. “Over the past year we’ve seen user adoption of our mBanking software exceed an average of 75% sequential monthly growth. With our new three mode solution deploying in May, we expect to see our adoption rates accelerate even more.”

Now, mFoundry’s new mBanking solution has already been adopted by several key partners, some of the largest banks and mobile operators in USA. In that way, mFoudry’s mobile banking platform has become leading among all corresponding products in financial sphere.