Infosys Technologies Ltd. (Bangalore, India) announced at 2010 BAI Retail Delivery the launch of Finacle mobile banking 2.0. This solution enables retail and corporate consumers to access banking services through mobile SMS, GPRS, 3G and USSD-enabled handsets. According to Infosys, the solution supports multi-host, multilingual, multi-channel, multi-currency banking. It facilitates interactive financial management encompassing product selection, proximity payments, remote deposit capture, new account opening, ATM/branch locating based on GPS and value-added services such as mobile ticketing, mobile top-up and mobile marketing.
The solution's integration framework enables seamless integration with disparate host systems, facilitating a unified, rich and intuitive user experience, according to the vendor, which also reports that two-factor authentication and encryption ensure fidelity of transactions.
The channel- and device-agnostic solution supports more than 8,000 mobile handsets, Infosys says, including basic handsets and smart devices such as the iPhone, BlackBerry smartphones1 and iPad. Customers can access banking services through SMS messaging, browser-based mobile banking, rich client/download-based mobile banking or USSD messaging.
Banks can also leverage Finacle mobile bank-in-a-box, which is a pre-configured and pre-integrated for easy and rapid mobile banking deployment in less than 30 days, according to Infosys.
"As channel innovation continues to be a strategic priority for progressive banks, mobile banking has truly come of age," said Haragopal Mangipudi, Global Head-Finacle, Infosys Technologies, in a press release. "Finacle mobile banking 2.0 enables banks to create and leverage game-changing opportunities, through the mobile channel, to build, deepen and institutionalize relationships with both customers and new emerging consumer segments."