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M-Com positioned as a leader in Mobile Banking

M-Com positioned as a leader in Mobile Banking by Gartner Inc.

Press Release: M-Com

International mobile banking solution provider, M-Com, has been positioned by Gartner Inc. in the ‘Leaders’ quadrant of the Magic Quadrant for North American Mobile Retail Banking report.

Gartner Inc., the world's leading information technology research and advisory company, conduct annual research showing the completing players in a technology segment and how they are positioned relative to each other in terms of ability to execute and competitiveness of vision.

M-Com was founded in New Zealand and is a graduate of The Icehouse business growth centre’s ICE Accelerator incubator. Now based in Atlanta, Georgia, USA, they are a mobile banking and payments solution provider with live Fortune 500 banking customers across Asia Pacific, the Middle East and North America. M-Com’s core business is centred on helping financial institutions and payment processors deliver world class adoption and revenue metrics from the mobile channel.

M-Com CEO and founder Adam Clark says,

“In my opinion, our positioning in this report mirrors what our customers and partners have been saying since we first launched mobile payment services in 2002. I believe it is a testament to the dedication of our valued team and the commitment our customers and partners have had over the last decade in helping us build a better product for financial institutions”.

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 to be positioned in the Leaders' Quadrant in Gartner’s 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 MoneyTM 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”.



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