Use your current payments infrastructure to launch innovative mobile money services. http://www.aciworldwide.com/mobile
To thrive in the new mobile economy, banks and retailers need to provide innovative mobile services that allow customers more convenient access to and control of their finances anywhere, anytime. At ACI we provide extensive payments processing expertise and a portfolio of mobile products that span banking, payments, and commerce.
By partnering with us banks and retailers can avoid the costly and time consuming process of replicating infrastructure and efficiently launch new services that drive revenue, engage customers, and differentiate their business from the competition.
The new mobile economy promises many benefits for banks and their customers whether corporate or consumer. For banks it's new opportunities to increase revenue and foster customer loyalty. For customers it's more convenient management and use of their funds. However, for both to gain those benefits it takes a flexible, trusted payments infrastructure.
Take David, he's the Finance Director at a large corporation and he's busy. Too busy to sit behind a computer all day. But that doesn't mean business stops when he's working off-site or out on personal errands.
Fortunately, he has the ACI mobile enterprise banker for tablet app. He receives a call on his mobile phone about an urgent wire transfer of $150,000 that has been initiated and needs his approval. Before making such a big decision he uses the mobile enterprise banker for tablet app to quickly run a set of predictive scenarios on how the transfer would impact his company's liquidity. Satisfied by what the scenarios tell him, he approves the transfer right from the tablet. All without disrupting his free time.
What helps keep his professional life mobile also does the same in his personal life. No sooner does he put away his tablet than he receives an alert on his smart phone from his personal bank. His bank uses ACI proactive risk manager and with it detected a purchase on his credit card outside of his usual purchase area.
Since David had just come from a new client site out of town and did indeed make that purchase, he easily confirms that the transaction was his with a quick text. Confident that his bank has the tools to protect his financial interests wherever he is.
The new mobile economy impacts all types of transactions including purchases and person to person payments. Banks that extend the security, verification, and routing features of their existing infrastructure will stay competitive in this rapidly evolving mobile economy.
On his way to a coffee shop, David remembers that his bank has pre-approved a credit card in his name. To take advantage of the offer David opens his bank's mobile wallet on his smart phone and accepts it. His bank then securely downloads a credit card payment app via ACI token manager from mobile at ACI issuer. At the coffee shop David purchases his coffee by touching his near field communication enabled smart phone to a point of sale terminal.
Behind that simple is a trusted transaction process that includes BASE24-eps, which is used by the bank, and retail commerce server, which is used by the retailer. But all David knows is that when he wants coffee he can get it fast, easily, and securely. A few moments later he receives an SMS alert asking him to confirm his purchase. Proactive risk manager has identified the transaction as the first on his newly authorized card and his bank wants to ensure that the transaction is a valid one for the new cardholder.
After confirming with a simple text that it was an authorized purchase David gets a text from his daughter. Her prepaid phone is running out of minutes and she also needs cash to buy her mom a birthday present. Just a few taps later, using the same smart phone, David has topped off his daughter's phone card and allocated cash that she can pick up at any of his bank's ATMs. ACI's BASE24-eps enables both transactions easily and securely and all before his coffee cools.
The new mobile economy presents an enormous opportunity for the retail world. Through innovative mobile programs that include coupons, advertising, rewards, and new payment options stores can earn space on their customers' smartphones through their mobile wallets. Extending their brands and engaging their customers.
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