The effort will leverage Firethornâs mobile commerce platform, enabling CASHplus users to view account details, transfer funds and initiate bill payments. With this solution, corporate finance executives will have the ability to stay current with their banking and make time-sensitive decisions on the go. Fundtech plans to fully integrate Firethornâs technology into the CASHplus system, ensuring ease-of-use.
âFirethorn is excited to collaborate with Fundtech to expand our mobile platform to business users,â said Firethorn Chief Executive Officer Tripp Rackley. âOur easy-to-use, scalable solution will allow executives to make important financial decisions simply and securely, and at a momentâs notice.â
The Firethorn application also provides multiple levels of security, including PIN authorization and lockout, which disables access if the phone is lost or stolen; data encryption; two-factor authentication and security via the Secure Sockets Layer (SSL) protocol.
According to Brian Jou, executive vice president of global product for Fundtech: âWe selected Firethorn because of their wide distribution among mobile operators, which ensures the largest number of business users will have access to their time-critical banking information and services.â
âTogether with Fundtech, we look forward to exploring and serving this new market of business customers,â added Rackley. âFirethornâs forward-looking strategy for mobile commerce and Fundtechâs leading software development capabilities will help ensure the success of the mobile channel for numerous financial institutions and business units.â