Under the deal, KeyBank is set to employ Mobile Money in order to provide its customers with technology that enables them to access their accounts using any of the three primary mobile access modes: a downloaded application, mobile browser or SMS (text messaging). The text messaging capabilities are provided by VeriSign.
The Mobile Money suite is delivered by Fiserv under a technology partnership with mobile banking and payments services provider M-Com. The Mobile Money solution combines banking and payments capabilities, and includes functions such as balance inquiries, transaction history, account transfers, bill payments and one and two-way account alerts. Informational services such as an ATM and branch locator are also included.
Every day we send out a free e-mail with the most important headlines of the last 24 hours.
Subscribe now