Fiserv launches Mobile Money, Mobile Money FastTrack for mobile banking
July 30, 2009
Fiserv Inc. announced this week its new mobile financial services solutions Mobile Money and Mobile Money FastTrack. The solutions were developed with M-Com and incorporate M-Com's RenderRight, a new rendering engine that customizes the mobile-banking interface to a user's specific mobile device.
RenderRight accesses a database of information about specific mobile devices to automatically populate pertinent service attributes onto the mobile device — ensuring the user has an accurate view of the application, with text or icons located in the correct area of the screen, and that all functionalities displayed are supported by the device.
RenderRight can be used on BlackBerry smartphones, the Apple iPhone and the Palm Pre, to name a few.
Calvin Grimes, mobile solutions product manager of electronic banking services for Fiserv, says consumers expect high functionality and service when it comes to mobile banking:
 | Many are not willing to give an application a second chance if it is hard to navigate. Customizing the user interface with RenderRight enables Fiserv to deliver a positive user experience that can lead to increased adoption and a positive return on investment for financial institutions that offer mobile financial services. |  |
Mobile Money from Fiserv is the industry's most complete mobile banking and payments solution, supporting consumers on all three mobile access modes: mobile browser, SMS (text messaging) or a downloaded application. Mobile Money can include functions such as balance inquiries, transaction history, account transfers, bill payments and one and two-way account alerts, and it offers both online and offline enrollment capabilities.