M-Com Positioned as a Leader in Magic Quadrant for Mobile Banking

M-Com and other solution providers were assessed on both Completeness of Vision and Ability to Execute.  Under the Completeness of Vision parameters, criteria included market understanding, product strategy and innovation.  For Ability to Execute, organizational elements such as track record, market responsiveness and overall viability were deemed to be important.

 “We are delighted that M-Com was positioned in the Leaders' Quadrant in Gartner’s recent report,” adds Clark. 

 The M-Com BankAnywhere mobile banking platform is available to financial institutions in the U.S. via a partnership with Fiserv (NASDAQ:FISV), the leading global provider of financial services technology solutions. Mobile Money^TM from Fiserv leverages the M-Com BankAnywhere platform to provide financial institutions with a complete mobile banking and payments solution that supports consumers on all three mobile access modes, offers online and offline enrollment capabilities and integrates with core banking, online banking and electronic payments systems. 

“M-Com has deep experience in mobile financial services and a proven ability to anticipate evolution in the marketplace,” said Todd Lesher, division president, Electronic Banking Services, Fiserv. “Our partnership with M-Com allows us to quickly deliver the premier mobile banking technology available today quickly, enabling financial institutions to respond to the needs of their customers with the latest in-demand functionalities.”

In May, M-Com was selected by Bank Technology News to its list of “Top 10 Technology Companies to Watch in 2009”.

Citation:  Magic Quadrant for North American Mobile Retail Banking, Stessa Cohen, 30 September 2009.