Petra Financial and Palm Tree Technology have collaborated to demonstrate how the next generation of Mobile financial services will be able to use high-powered Mobile Internet Devices and tablets that are always on and will open up new markets for devices between smart-phones and notebook computers.
Using ID Insure from PalmTree and Touchstone Mobile from Petra Financial, the user will be able to have the capabilities of a high-powered notebook PC together with the portability and communications capability of a smart-phone in one device. Portability is key, but corporate banking customers in particular will need a combination of exceptional design innovation and business workflow to deliver the usability complemented by simple, smart, and guaranteed authentication that it is the right device, in the right place and held by the right person.
ID Insure 2.0 secure authentication with Insurance Protection delivers stateless, synthesized multi-factor authentication that protects against a multitude of security threats for total peace of mind and is underwritten by an insurance policy from a leading global re-insurer.
Touchstone Mobile is a mobile banking and finance application that works on the Apple iPhone and iTouch; BlackBerry Bold and BlackBerry Curve; and other 3G and WiFi phone enabled phones.
The mobile banking market is set to grow rapidly over the next few years according to research reports published by many renowned analysts, says Nigel Woodward, global director financial services of Intel Corporation. The essentials are design, ease of use, simplicity, and security. Touchstone Mobile enabled with ID Insure now combine features and can exploit the Intel Mobile Internet Devices or MIDs to provide customers with simple, effective, yet secure applications and content that are always available on a high powered device capable of compute functions which could strain the current generation of phones.
D.C.