Financial Software and Systems (FSS), an India-based developer of payments technologies, has chosen IBM’s MobileFirst platform to upgrade its existing digital banking solutions.
IBM said that its MobileFirst platform integrates the build, test and management phases of payment solutions, and helps standardisation of processes on a single platform to boost operational efficiency.
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The solution mitigates risk of fraud by offering a fully protected app as well as offers reduced cost of ownership and business continuity.
Other features of the platform include Device Fingerprinting, Mobile Device Management with remote de-bugging and software fixes, Mobile Application Management with auto upgrades and seamless upgrading of mobile banking and mobile payment features.
FSS president for software products Suresh Rajagopalan said: "In line with our core values of providing state-of-the-art infrastructure solutions, we are continuously looking for ways to foster innovation to deliver greater value and superior customer experience. Also, our belief in IBM as a trusted technology provider was further strengthened with the unique capabilities of the MobileFirst Platform which will help us provide scalable next-gen mobile banking solutions to banks in the APAC region."
FSS’ client base includes more than 100 global banks and financial institutions, as well as processors, pre-paid issuers and retailers, including over 35 Indian public and private sector banks.
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