mFoundry to Power Mobile Banking Solution for Regional Banking Leader IBC Bank.Solution to Launch in Q1 of 2008 on All National Wireless Operators LAREDO, Texas & SAN FRANCISCO San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden -- Mobile banking leader mFoundry today announced the selection of mFoundry's Spotlight financial platform by IBC IBC International Building Code IBC Iraq Body Count IBC Institutional Biosafety Committee IBC Inflammatory Breast Cancer IBC International Business Company IBC Independence Blue Cross IBC Insurance Bureau of Canada IBC International Broadcasting Convention Bank, the Laredo-based flagship bank of International Bancshares Corporation (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : IBOC See HD Radio. ), one of the largest bank holding companies in Texas. IBC will leverage mFoundry's Spotlight Mobile Banking solution to provide IBC's customers with real-time 1. real-time - Describes an application which requires a program to respond to stimuli within some small upper limit of response time (typically milli- or microseconds). Process control at a chemical plant is the classic example. , on-demand access to their IBC checking, savings and credit card accounts. Not only will IBC customers be able to securely access account balances, but they will also enjoy comprehensive search and retrieval of their account transaction histories, the ability to transfer money between accounts, the ability to retrieve and pay their bills, and the option of searching for IBC branches and ATMs. Additionally, in an industry first, IBC will offer its mobile banking services in both English and Spanish to address its ethnically diverse customer base. "Convenience is a critical part of a banking customer's experience," said Dennis E. Nixon, chairman of IBC's parent International Bancshares Corporation. "We're proud to expand our current convenient banking options, which include widespread branch locations and seven-day banking services, to include 24 / 7 access to accounts. mFoundry's solution offered us the most flexible and timely way to extend our convenient service to a user's mobile phone. The breadth of device and operator support was unmatched by anyone in the market, so the decision to work with mFoundry was simple." The mFoundry Spotlight Platform is the only mobile banking solution available that provides banks with the flexibility to create a well-branded, unique experience for their customers. A bank's Spotlight application can be managed by the bank's IT staff, its professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. partners or by mFoundry's experienced development staff. With Spotlight's unique ability to perform seamless application updates, banks have the ability to proactively manage their application's look, feel, features and functionality without being forced into a homogenous homogenous - homogeneous technology that reduces a bank's ability to compete in today's banking industry. "As a regional leader for banking in the Southwest, IBC Bank represents a critical market for mFoundry," said Drew Sievers, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. and Co-Founder of mFoundry. "We are excited to work with a fast-moving financial innovator like IBC, and we are proud to offer them a unique way to deploy a secure, unique and flexible mobile banking solution." IBC's mobile banking solution will launch in Q1 of 2008 on all major U.S. mobile operators. For more information, please visit www.mfoundry.com. About IBC Bank IBC Bank is a subsidiary of International Bancshares Corporation (NASDAQ: IBOC), a $10.4 billion multi-bank financial holding company headquartered in Laredo, Texas, with more than 250 facilities and 380 ATMs serving more than 90 communities in Texas and Oklahoma. About mFoundry mFoundry provides the only equitable equitable adj. 1) just, based on fairness and not legal technicalities. 2) refers to positive remedies (orders to do something, not money damages) employed by the courts to solve disputes or give relief. (See: equity) EQUITABLE. mobile banking and payments solution for operators and financial institutions. mFoundry's Spotlight Financial Platform offers a comprehensive, secure solution for the entire mobile financial ecosystem. Spotlight incorporates mFoundry's leading mobile banking and payments product into the platform and has been adopted by some of the largest banks and operators in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . Additionally, the Spotlight Platform offers a fast, easy and affordable solution for banks of all sizes. mFoundry is based in Sausalito, California Sausalito is a city in the San Francisco Bay Area situated in Marin County, California, United States. The population was 7,330 as of the year 2000 census. Viña del Mar, Chile, home to "Sausalito" stadium and "Sausalito" lagoon, is a sister city of Sausalito, which features a and has been recognized as one of "10 Emerging Wireless Players to Watch" by IDC and one of "Ten Tech Companies to Watch" by Bank Technology News. For more information on mFoundry, please visit www.mfoundry.com. |
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