mFoundry Launches Washington Trust Bank Mobile Banking

SAN FRANCISCO, Dec. 15, 2010 /PRNewswire/ -- mFoundry, the award-winning provider of secure mobile banking and payment solutions, today announced it has launched a fully-integrated multi-mode mobile banking solution for Washington Trust Bank, the oldest and largest privately-owned commercial bank in the Pacific Northwest. Washington Trust customers now have access to a mobile banking solution that includes text, mobile web and mobile applications.

"We are pleased to provide our customers with the greatest range of options for their mobile banking needs," said Jim Brockett, CIO of Washington Trust Bank. "As we set our mobile strategy, our primary goal was to offer a mobile solution that served our customers regardless of the phone they have, while still providing deep functionality. Of all the options available to us, mFoundry's solution delivered best on both fronts."

"Washington Trust Bank is a perfect example of our ability to help banks of any size quickly develop and deploy multi-mode mobile banking solutions," said Drew Sievers, Co-Founder and CEO of mFoundry. "With more than 250 financial institutions running our software, including three of the top five banks in the country, we have a unique level of experience helping banks and credit unions of all sizes and scale launch successful mobile banking initiatives."

The WTB Mobile application is available on iPhone, iPod Touch, Android, and many RIM BlackBerry devices, including touch-enabled versions. Using WTB Mobile, users can check balances, pay bills, make transfers, and find WTB branches or ATM locations.

Customers can also use Washington Trust Bank's enhanced mobile Web to access their online banking via any device with a mobile web browser. The mobile web experience delivers optimized rendering if the customer is using an HTML5-based phone, such as Palm WebOS (in addition to iPhone/iPod Touch, Android, and the most recent RIM BlackBerry devices).

With the text banking commands, users can inquire about account balances and transaction history from almost any phone.

WTB Mobile is available for immediate download in both Apple iTunes AppStore and Android Marketplace. For more information on Washington Trust Bank's mobile banking services, please click here.

About mFoundry
mFoundry is the leading provider of secure mobile financial services to banks, credit unions, merchants and processors. Providing mobile banking technology to FIS Global (including Metavante, Fidelity National Information Systems, and eFunds), First Data Corporation, NCR, the CO-OP Financial Services, and PSCU Financial Services, our award-winning product is used by more than 250 banks and credit unions in the USA.

mFoundry is the only mobile banking provider with a live, nationwide mobile payments solution. As the technical force behind Starbucks Card Mobile, mFoundry leverages its payments knowledge to help financial institutions, payment processors, and merchants create deeper, more valuable customer relationships.

mFoundry is based in the San Francisco Bay Area and has been recognized as one of "10 Emerging Wireless Players to Watch" by IDC as well as the top "Tech Company to Watch" and a three-time top "Innovator" by Bank Technology News. mFoundry was recently awarded Celent's prestigious "XCelent Award for Advanced Technology 2010" in the research firm's latest Mobile Banking Vendor Report. For more information on mFoundry, please visit www.mfoundry.com.

SOURCE mFoundry

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