14th May 2007 20:20
mFoundry, an award-winning mobile application platform provider,today announced that it is working with Verizon Wireless on a bankingand financial services solution. Verizon Wireless is expected tosupport the mFoundry Spotlight Financial Platform, which will offer aneasy, secure way for Verizon Wireless customers to access and managetheir financial relationships. The Spotlight Financial Platformprovides financial institutions with a turnkey method of creatingwell-branded, unique mobile applications that run seamlessly andindependently within the Spotlight solution. £ "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 pointthat the market desires a solution that is flexible enough to addressthe needs of all parties in the mobile financial ecosystem." £ Spotlight is the only mobile financial platform available thatserves the needs of both operators and financial institutions, and hasbeen designed to immediately accommodate nearly any type of financialservices content, including support for banking, brokerage, credit,stored-value, coupons and payment solutions. Its out-of-the-boxcomponents can be easily branded, customized and maintained byparticipating financial institutions. In addition, Spotlight currentlyruns on virtually all of most popular mobile devices on the market,supporting more than five times the number of devices offered by thenearest competitor. £ mFoundry has integrated its mBanking product into Spotlight andall of its mobile banking customers will be included in operatorSpotlight Applications. Banks using Spotlight to deliver full-servicemobile banking can enable customers to check account balances, searchfor transactions, transfer funds, receive and pay their bills, andfind ATMs and branches. Other financial institutions can use theSpotlight Development Platform to create their own customizedapplications that can be accessed from within the application. £ For more information, please visit www.mfoundry.com. £ About Verizon Wireless £ Verizon Wireless operates the nation's most reliable wirelessvoice and data network, serving 60.7 million customers. The largest USwireless company and largest wireless data provider, based onrevenues, Verizon Wireless is headquartered in Basking Ridge, N.J.,with 66,000 employees nationwide. The company is a joint venture ofVerizon Communications (NYSE:VZ) and Vodafone (NYSE and LSE: VOD).Find more information on the Web at www.verizonwireless.com. Topreview and request broadcast-quality video footage andhigh-resolution stills of Verizon Wireless operations, log on to theVerizon Wireless Multimedia Library atwww.verizonwireless.com/multimedia. £ About mFoundry £ mFoundry is an award-winning mobile application platform provider.mFoundry's Spotlight Financial Platform offers a complete financialservices solution for financial institutions, wireless carriers andtheir customers. Spotlight incorporates mFoundry's leading mobilebanking product into the platform and has been adopted by some of thelargest banks and carriers in the US. For more information, pleasevisit www.mfoundry.com. Copyright Business Wire 2007Related Shares:
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