SOURCE: ClairMail, Inc.

ClairMail, Inc.

August 19, 2010 08:00 ET

ClairMail Expands International Mobile Banking Effort With New Product Capabilities

New Features Reinforce ClairMail's Commitment to Aggressively Drive New Business Growth in Global Markets

SAN RAFAEL, CA--(Marketwire - August 19, 2010) - ClairMail, Inc., the leader in mobile banking and payments solutions, today announced a new suite of international mobile banking capabilities designed to facilitate transactions across global markets and multiple currencies. The new international features include:

  • Multi-Currency Account Management: ClairMail now supports mobile transactions across multiple international currencies. This will enable financial institutions (FIs) the ability to offer cross-currency mobile banking and payments functionality to their customers. This is an essential capability internationally, where banking customers manage accounts in more than one currency.

  • International ATM/Branch Locator: Fully-customized ATM and branch locator functionality that allows for FIs to account for various zip and postal code formats and distance metrics (e.g. miles vs. kilometers).

  • Multi-Language Capability and Customized Localization: FIs can customize user interfaces based on local markets, including expanded content formats to account for various language and banking preferences in each market.

Morgan Stanley's prediction that mobile Internet users will exceed desktop users in the next five years could have a significant impact on the global expansion of mobile banking, especially in emerging and underbanked markets where mobile devices are a primary tool for managing personal finance. Additional industry research predicts that there will be close to 900 million global mobile banking users by 2015, which present tremendous growth opportunities for ClairMail.

The new features expand on ClairMail's recent international initiatives, including distribution agreements with ebpSource and Misys.

"We continue to invest resources to significantly broaden our reach and these new capabilities reinforce our global mobile banking footprint by providing a customizable platform for our FI customers throughout the world," said ClairMail CEO Pete Daffern. "As FIs continue to realize that mobile is the strategic channel of the future, product innovation will be a key area for us to reinforce and build market leadership while delivering significant value to our customers in emerging markets."

About ClairMail

ClairMail is the leading provider of mobile solutions for banking, payment and card services. ClairMail provides a technology platform designed to help financial institutions realize the strategic potential of mobile banking, driving new levels of customer trust and loyalty, facilitating cross-sell opportunities and enabling near term, measurable cost savings. Financial institutions of all sizes now have an opportunity to reach 100% of their customer base and proactively deliver personalized content through multi-level alerting and triple-play convergence capabilities via a central customer interface. ClairMail's platform also offers multi-channel enrollment options to maximize mobile adoption and ROI, regardless of mobile device, carrier or back-end financial system. Founded in 2004, ClairMail is headquartered in San Rafael, Calif. For more information call (415) 884-7270 or visit www.clairmail.com.

Contact Information

  • For media inquiries, please contact:

    LaunchSquad
    Gavin Skillman or Rachel Levine
    Clairmail (at) launchsquad (dot) com
    (212) 564-3665 or (415) 625-8555