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BROOKFIELD, Wis.—Fiserv, Inc. (NASDAQ: FISV), the leading global provider of financial services technology solutions, today introduced the new MobilitiTM mobile banking, alerting and payments suite. Mobiliti unites the functionality of Mobile MoneyTM from Fiserv and BankAnywhereTM from the recently acquired M-Com within a single product suite, and will replace both of those product brands. Mobiliti is available in multiple distinct versions tailored for use by financial institutions of varying sizes within both the United States and international markets.
Mobiliti supports all three major mobile access modes: SMS (text messaging), mobile browser and downloadable applications for AndroidTM, iPhone® and Blackberry®. The suite, notable for its seamless integration of banking and payments capabilities, includes:
Of nearly 2,000 clients polled during the Fiserv Focus client conference in April 2011, more than 74 percent indicated that they planned to increase their investments in mobile financial services during the next 12 months, and with good reason. According to the May 2011 report from Forrester Research, Inc., The State of U.S. Mobile Banking: 2011, mobile banking adoption among U.S. online adults more than doubled in the past two years, and Forrester predicts that mobile banking will grow by an average of 20 percent per year over the next five years.
“Mobile banking adoption continues to gather momentum in the U.S., fueled by strong consumer appetite for smartphones and banks’ burgeoning supply of new mobile banking applications, websites and alerts,” writes Brad Strothkamp, principal analyst, eBusiness and Channel Strategy, Forrester Research, in The State of U.S. Mobile Banking: 2011. “As consumers gain confidence with the channel, their needs are shifting from simple functionality like account balances and ATM locators to transactions like bill payment and account transfers.”
“With hundreds of financial institutions and millions of consumers using Mobiliti solutions, Fiserv is able to draw on practical channel experience to anticipate the evolution of mobile financial services,” said Erich Litch, president, Digital Channels, Fiserv. “Mobile access is reshaping the way consumers manage their finances, and Mobiliti from Fiserv delivers the capabilities financial institutions need to meet consumers wherever they want to transact.”
Fiserv, Inc. (NASDAQ: FISV) is the leading global provider of information management and electronic commerce systems for the financial services industry, driving innovation that transforms experiences for financial institutions and their customers. Fiserv is ranked No. 1 on the FinTech 100 survey of top technology partners to the financial services industry. For more information, visit www.fiserv.com.
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