Zacks_Analysts' Blog : Fiserv Enhances FastTrack - Analyst Blog

The incorporation of RenderRight will enable Fiserv’s Mobile Money services to optimize mobile banking service on this broad range of high-end mobile handsets.

Fiserv’s Mobile Money financial service is the industry's most complete mobile banking and payments solution because it supports consumers on all three mobile access modes -- Short Messaging Service (SMS), Wireless Application Protocol (WAP) and downloaded mobile applications. Mobile Money offers online and offline enrolment capabilities and integrates with core banking, online banking and electronic payments systems.

Fiserv has developed Mobile Money solutions on its existing mobile banking technologies to help all segments of financial institutions. It provides functions such as balance inquiries, transaction history, account transfers, bill payments and one and two-way account alerts.

It also offers both online and offline enrolment capabilities. Incorporation of RenderRight will provide mobile-specific interface so that users have an appropriate view of the application, with text or icons located perfectly on the screen. In addition, all displayed functionalities will be supported by that device.

The market for information-technology products and services within the financial industry is highly competitive. Therefore product quality, service reliability and product-line integration are essential for any company’s survival.

Introduction of a rendering engine will help Fiserv to gain an edge over its core competitors like Metavante Technologies Inc. (MV), Online Resource Corp. (ORSS), Fidelity National Information Services Inc. (FIS), Jack Henry & Associates (JKHY) and Total System Services Inc. (TSS).