Fronde Anywhere Announcements

TelstraClear Secures BizGlobal using TwoSecure™

Mon, 19 Oct 2009 00:00:00 +1300

TelstraClear Secures BizGlobal using TwoSecure™

BizGlobal is TelstraClear's remote access agnostic solution that enables businesses and their staff to connect directly and securely to their private corporate network over the internet. Anywhere. Anytime.

TelstraClear were seeking a secure, scalable two factor authentication product that can be operated by them on a software as a service (SaaS) basis and be delivered as part of their BizGlobal solution.

After an extensive evaluation TelstraClear selected TwoSecure. It provides a second level of authentication by generating a ‘one time’ password on the phone that users need to be able to log on to BizGlobal. TwoSecure's java applet can be provisioned to the phones of their BizGlobal users in real-time. No need for TelstraClear to purchase, provision, package and post hardware tokens to their customers.

TwoSecure's server platform is designed to support multi-tenanted or SaaS operation out of the box and has been fully TelstraClear branded as part of the BizGlobal offering.

Fronde Anywhere included in recent 2009 Mobile-Banking and Smartphone Forcast.

Wed, 16 Sep 2009 00:00:00 +1200

Fronde Anywhere included in recent 2009 Mobile-Banking and Smartphone Forcast.

Fronde Anywhere has been included in a recent report by Research and Markets, titled '2009 Mobile-Banking and Smartphone Forecast: Essential Strategies for a Fast-Growing, Evolving Market'.

Now is the time for U.S. financial institutions to invest in mobile banking. American consumers are hungry for better ways to monitor and manage their money – and mobile banking will serve that need better than any other banking channel by providing always-on interaction and real-time financial information. Though mobile banking is in its infancy, Javelin forecasts that it is on a trajectory to evolve into a mainstream banking channel that will serve nearly half of mobile-phone owners by 2014. This report:

- Features Javelin’s five-year forecasts for mobile banking usage; the growing availability of mobile banking at primary financial institutions; and smart phone adoption, which currently is driving mobile banking.

- Analyzes five key factors fuelling adoption of mobile banking, including the role of the Apple iPhone and other smart phones and the race to develop basic thin client “wrapper applications” that integrate into the institution’s mobile online site.

- Identifies five key obstacles for mobile banking and outlines how financial institutions can minimize them.

- Examines mobile-banking penetration by the largest wireless carriers, with AT&T Wireless boasting the greatest number thanks largely to the popular iPhone, while Verizon lags behind but is positioning itself to expand its role in mobile banking in 2010 with the planned introduction of the iPhone and faster LTE 4G networks.

To find out more or order the report click here >>

Expanding presence in Asia

Tue, 28 Apr 2009 00:00:00 +1200

28 April 2009: Wellington; Kuala Lumpur; Hong Kong.

Fronde Anywhere expands presence in Asia

Fronde Anywhere, the leading provider of innovative mobile payment, banking and security products is expanding its in-market presence in Southeast Asia.

“Our solutions really seem to be hitting the mark with clients in Asia”, says Caroline Dewe, CEO, Fronde Anywhere, “our partnership with Logica in this region has proven very successful in generating regional references for all our offerings and we are expanding our on the ground resource in order to further increase our Southeast Asian footprint.”
Fronde Anywhere’s comprehensive and flexible mobile banking and payment products are proving a great fit for the Asian region with its combination of high mobile phone penetration, and phone-savvy consumers.

“We have also been scoring significant success with our mobile phone based two factor authentication product; TwoSecure,” says Ms Dewe. “It is much more cost effective to deploy to large bases of users than hardware tokens and can save our clients well over 50% of their total cost of ownership in three years.” TwoSecure offers a mobile phone application as an alternative to hardware tokens for authenticating users’ access to corporate networks and online banking. The product is particularly attractive to financial services and telecommunications organisations.

All Fronde Anywhere products support multiple languages and character sets and have well established regional references. Products can be deployed independently, or from a shared installation which further reduces infrastructure costs for Fronde Anywhere clients.

Fronde Anywhere will initially offer direct in-market sales and presales presence into Hong Kong, Malaysia, Thailand and Indonesia which complements active partner sales and delivery activities with Logica in the Philippines and Singapore.

About Fronde Anywhere
innovation : mobility : security : payments

Fronde Anywhere provides mobile payment and security solutions to banks, payment providers and mobile operators. The Anywhere platform is the only product that delivers secure mobile channel, payment and security services from a single system.

The Fronde Anywhere team has been developing and delivering pioneering mobile solutions since 2001. Fronde Anywhere serves clients in Europe, Africa, New Zealand and South East Asia from its offices in London, Asia and New Zealand.

www.frondeanywhere.com

Press contact for Fronde Anywhere
Anthea Kirk
Fronde Anywhere
Tel: +64 (0) 4 439 4044
Email: anthea.kirk@fronde.com

Javelin Strategy & Research

Wed, 17 Dec 2008 00:00:00 +1300

17 December 2008:

Fronde Anywhere included in recent Javelin Strategy & Research Report.

Fronde Anywhere has been included in a recent report by Javelin Strategy & Research, titled 2008 Mobile Banking Security Standards: Three-Part Strategy Will Increase Consumer Adoption While Protecting Banks’ Assets

Security concerns are the single biggest factor inhibiting consumer acceptance of mobile banking. These concerns are as much a matter of consumer perception as they are of reality – so getting both right will be key. The volume of attacks on mobile banking systems is negligible in the still-nascent and fragmented market that exists today, but will rise as adoption builds, and in particular, as operating system consolidation and platform standardization increases. With a well-designed security program in place, mobile has inherent safety advantages that make it one of the most protected channels for remote banking. It can be used to improve overall (cross-channel) security via the inherent speed-and-notification advantages of always-on, always-present mobile access. For now, build on the diversity of platforms to maintain confidence that malware isn’t likely to infect consumer devices, but be aware that emergence of standard platforms will erase today’s advantage in the future. Included in this report is a review of the security of mobile banking vendors: ClairMail, CPNI, Firethorn, Fronde, Harland, Jack Henry, mFoundry, M-Com (marketed by Fiserv in the US), Mobile Money Ventures (MMV), Monitise Americas (marketed by Metavante in the U.S.), MShift, Tyfone, and Yodlee.

For more information about the report, and to learn how to purchase, please click here

mobile commerce in philippines

Mon, 01 Dec 2008 00:00:00 +1300

2 December 2008:

Fronde Technology Boosts Mobile Commerce in the Philippines

Logica and New Zealand’s own Fronde Anywhere recently announced the launch of a new mobile ordering and payment service in the Philippines with I.CAN Worldwide - part of the TAO Group of companies.

“As an emerging player in mobile commerce distribution in that country, we chose Fronde technology, coupled with Logica’s systems integration services to propel i.can into dominance as a regional player in this space,” stressed Concepcion Octaviano, i.can's chief operating officer.

With Fronde’s award winning mobile technology i.can is delivering a next generation market hub for mobile payments into one of the worlds most innovative and aggressive mobile commerce markets. The i.can platform links merchants and banks directly to customers via their mobile phone. It enables customers to view merchants and products, order and pay direct from their bank accounts using their mobile phones.

“This is a powerful partnership in a fast moving part of the world for mobile commerce adoption,” said Caroline Dewe, Fronde Anywhere’s CEO. “i.can’s mobile services and comprehensive business model leapfrogs into the next generation of mobile payments and will form a benchmark global case study.”

The development of the Fronde technology deployed in the Philippines was partially funded by government funding supplied by New Zealand’s FRST. The merchant payments functionality deployed to i.can is part of the latest release of Fronde Anywhere’s mobile financial services platform that also supports mobile banking and authentication services.

Fronde has deployed similar mobile phone-based services in New Zealand, the UK, France, Germany, and South Africa.

If you would like to read the full case study click here >>

Press contacts for Fronde Anywhere
Beryl Duncan
Fronde Anywhere
Tel: +64 (0) 4 439 4107

Email: beryl.duncan@fronde.com

Fronde Anywhere is a specialist provider of mobile payment, banking and multi-factor authentication solutions worldwide. Fronde Anywhere is part of the Fronde Systems Group.

Logica is a leading IT and business services company, employing 39,000 people across 36 countries. It provides business consulting, systems integration, and IT and business process outsourcing services. Logica works closely with its customers to release their potential - enabling change that increases their efficiency, accelerates growth and manages risk. It applies its deep industry knowledge, technical excellence and global delivery expertise to help its customers build leadership positions in their markets. Logica is listed on both the London Stock Exchange and Euronext (Amsterdam) (LSE: LOG; Euronext: LOG). More information is available at www.logica.com.

View the i-can website

TwoSecure Momentum Release

Mon, 19 May 2008 00:00:00 +1200

19 May 2008:

Fronde Anywhere sees uptake of mobile two-factor authentication solutions.

Fronde Anywhere, a global provider of mobile financial services and multi-factor authentication solutions, has reported significant uptake of its mobile two-factor authentication platform, TwoSecure™. Since the product’s launch in April 2007, TwoSecure™ has been deployed by organisations in a range of sectors. Customers include a tier one French bank; a major Australasian telecoms provider; a German financial Institution; m35 in the UK; and an electronic payments switch for verification of online debit payments. It is also currently being piloted by a district health board for verifying doctor identities when accessing patient records. The product line is available through Fronde Anywhere global partners Logica and CSC, and regional partner RSSS in South Africa.

Many of the TwoSecure™ user organisations have implemented this solution as a more user-friendly and cost-effective replacement for hardware tokens for their identity authentication requirements. The TwoSecure™ product line generates one time passwords (OTPs) via a Java application stored on the mobile phone. It also includes an SMS module to enable delivery of OTPs to the phone via a text message.

TwoSecure™ secures Internet banking transactions and login by eliminating the risk of third parties assuming the user's identity, while TwoSecure™ Enterprise gives employees a second level of authentication when they remotely access business networks and systems. By also preventing man-in-the-middle attacks, the platform mitigates against threats such as Trojan.Silentbanker, a Trojan horse that has the ability to steal confidential financial information by defeating traditional two-factor authentication measures.

“By giving businesses confidence in their network security, and consumers’ confidence in online banking, TwoSecure™ addresses a clear market need. It has an extensive sales pipeline, including significant prospects with banks and enterprises in Europe and the U.S.,” said Caroline Dewe, CEO of Fronde Anywhere. “Not only is it easy to use, deploy and roll-out, but its uses are practically limitless. We are now also seeing organisations looking to use this technology to further secure transactions at the point of sale.”

TwoSecure™’s transaction signing capability adds an additional layer of security to a transaction, and prohibits any third party to hijack a transaction, as the OTP used by the customer is useless for any other transaction other than the one intended. The solution, which can be configured to support incremental levels of security, has passed independent security audits, performance testing by IBM, and device testing by SQS. It can be offered on hosted software as a service basis or implemented direct.

TwoSecure™ has won several prestigious industry awards including Consensus Software Award 2008, HiTech Award - Innovation Category 2007, Technology Commendation Award 2007 and IBM Business Partner Award 2007.

Press contacts for Fronde Anywhere
Natalie Shamshoum
Metia
Tel: +44 (0) 20 3100 3655
Email: natalie.shamshoum@metia.com
Or
Alisha Benson
Metia
Tel: +44 (0) 20 3100 3739
Email: alisha.benson@metia.com

Consensus Award win

Thu, 08 May 2008 00:00:00 +1200

8 May 2008:

Fronde Anywhere wins leading Australian software product award.

Fronde Anywhere’s TwoSecure™ solution was the only New Zealand software product to win a 2008 Consensus Software Award, one of Australia’s most prestigious technology awards. The Awards recognise innovative software products with both the proven performance and the market potential to succeed internationally. All entrants must undergo a rigorous judging process which includes shortlisted nominees presenting to a panel of 10 international judges from a range of disciplines.

The Consensus judges said:

“TwoSecure™ is an exciting new product with the potential to replace the myriad of token generating devices popular in the operation of many popular Internet and private enterprise remote access applications. Based on any java enabled modern mobile phone, it has the opportunity to enable "one stop" access without replacing any of the security systems already in place. Instead of carrying several tokens to access Internet banking, or enterprise VPNs, this solution could effectively support effective token generation on an individual's familiar mobile phone.”

Fronde Anywhere’s entry was supported by IBM’s business partner teams in Australia and New Zealand who have contributed significantly into the international success of TwoSecure™ by providing validation for the product’s performance via access to the IBM Innovation labs for performance testing and benchmarking.

Caroline Dewe, CEO of Fronde Anywhere comments that “we see this technology having the potential to change the face of the identity management industry. With banking regulatory bodies around the world starting to mandate that banks implement some form of multi factor authentication in order to protect customer’s identities and funds. TwoSecure™ is ideally placed to meet a very strong and growing market need."

The winners were announced in Sydney this week.

About the Awards

Now in their ninth year, the Consensus Software Awards identify the most innovative software designed and developed in Australia and New Zealand. The Awards are endorsed and supported by Austrade, NZ Trade & Enterprise, the Australian Computer Society and the NZ Computer Society. IBM and Microsoft are the major Sponsors. Bartier Perry, BDO, Hudson and PIP are co-sponsors. The Awards are judged by a panel of over 50 independent judges who can chose as many or as few Awards as they wish based upon the three main criteria of Innovation, Performance and Potential. In 2008 only nine awards were given out.

About Fronde Anywhere

Fronde Anywhere’s current awards include: Consensus Software Awards 2008 – Winner; 2007 IBM Business Partner Award for Industry Innovation, Winner; Foundation for Research, Science and Technology 2007, Technology Award Commendation; Hi-Tech Awards 2007, Finalists in Innovation Category; TUANZ Innovation Awards 2007, (& KiwiBank) “Mobile Application of the Year”; Financial Innovation Awards 2007, Best Direct Channels Initiative - Mobile Phone; TUANZ Innovation Awards, short-listed for the during its first year of operation.

Fronde Anywhere offers mobile financial services and multi-factor authentication solutions for retail banks and the wider financial services industry. Its portfolio of user-friendly solutions enables customers to make payments and bank transactions via their mobile device from any location. Fronde Anywhere’s mobile technology provides enhanced security for authenticated access to online banking or remote networks.

The company has built its reputation on the proven delivery and implementation of first to market mobile products and solutions that deliver real business benefits to its clients.

CEO Announcement

Tue, 01 Apr 2008 00:00:00 +1300

1 April 2008:

Fronde Anywhere appoints Caroline Dewe as new CEO.

Fronde Anywhere, a global provider of mobile financial services and multi-factor authentication solutions, today announced the appointment of Caroline Dewe as CEO. Dewe previously held the position of vice president for products and marketing and was responsible for the company’s go-to-market vision and strategy, including the product portfolio roadmap.

Ian Clarke, CEO of parent company Fronde Systems Group, commented: “Caroline has been instrumental in the company’s global traction so far and is the ideal candidate to drive its growth and development. We are fully behind her leadership.”

Dewe takes over the role of CEO from Dean Johnson, who has stepped down. She is considered one of the industry thought leaders in mobile banking and payments. Her background includes her executive role as the head of the product development business unit within Fronde Systems Group, Fronde Anywhere’s parent company.

Caroline Dewe, Fronde Anywhere’s new CEO commented: “Having been with the company since its inception a year ago, I am delighted to take on the role of CEO. Our goal is to empower organisations to successfully enhance their business through mobile technology. I am confident that Fronde Anywhere will continue its strong progression thanks to the strength of its mobile payments, banking and multi-factor authentication solutions.”

Dewe is supported closely by chief technology officer, Antony Williams and SVP Products, Craig Eades. Continuing to head up European sales for Fronde Anywhere is London-based Marc Philippo. The company’s chief financial officer is currently Vicky Donaldson.

Fronde Anywhere is currently recruiting for senior positions within the organisation and on the Board. This includes sales and operational support in the UK and New Zealand. Fronde Anywhere will also be looking to increase resource in North America towards the end of 2008.

Press contacts for Fronde Anywhere

Natalie Shamshoum
Metia
Tel: +44 (0) 20 3100 3655
Email: natalie.shamshoum@metia.com
Or
Alisha Benson
Metia
Tel: +44 (0) 20 3100 3739
Email: alisha.benson@metia.com

2008 Consensus Software Awards

Mon, 31 Mar 2008 00:00:00 +1300

31 March 2008:

Fronde Anywhere nominated for a 2008 Consensus Software Award.

Fronde Anywhere’s leading two-factor authentication product, TwoSecure™, has been nominated for a 2008 Consensus Software Award. In order to be eligible for a Consensus Software Award, the product must be Australian or New Zealand designed. The judging was based upon three main criteria of Innovation, Performance and Potential.

TwoSecure™ provides an easy to use two factor authentication application that generates one time passwords (OTPs) via an application that is downloaded to, and stored on the mobile phone.

Caroline Dewe, CEO of Fronde Anywhere comments that “we see this technology having the potential to change the face of the identity management industry. With banking regulatory bodies around the world starting to mandate that banks implement some form of multi factor authentication in order to protect customer’s identities and funds. TwoSecure™ is ideally placed to meet a very strong and growing market need."

Entrants will be presenting their solutions to the judging panel on 11 April in Sydney.

About the Awards
Now in their ninth year, the Consensus Software Awards identify the most innovative software designed and developed in Australia and New Zealand. The Awards are endorsed and supported by Austrade, NZ Trade & Enterprise, the Australian Computer Society and the NZ Computer Society. IBM and Microsoft are the major Sponsors. Bartier Perry, BDO, Hudson and PIP are co-sponsors. The Awards are judged by a panel of over 50 independent judges who can chose as many or as few Awards as they wish based upon the three main criteria of Innovation, Performance and Potential.

For more information, click here

Juniper Research Report_070308

Fri, 07 Mar 2008 00:00:00 +1300

7 March 2008:

Fronde Anywhere included in recent Juniper Research Report.

Fronde Anywhere has been included in Juniper Research’s recent report titled Mobile Financial Services: Banking & Payment Markets 2007-2011. This report focuses on the activities and strategies of the main players within the mobile finance industry and provides practical market projections up until 2011.

The 168 page report analyses the various mobile banking markets as well as providing forecasts for mobile banking, mobile financial information services (messaging), mobile funds transfer, mobile bill presentment & payment (MBPP), and mobile account management & customer service.

For more information about the report, and to learn how to purchase, please click here

TwoSecure-announcement

Wed, 30 Jan 2008 00:00:00 +1300

4 February 2008:

Fronde Anywhere pilots TwoSecure™ mobile authentication solution to German financial institution.

Fronde Anywhere’s mobile phone based multi-factor authentication solution, TwoSecure™, is currently being piloted by a leading German Financial Institution.

TwoSecure™ is a simple, user-friendly solution which generates one time passwords (OTPs) by using an installed and downloaded application that runs on a mobile phone. The product was designed based on feedback from the banking sector. It provides banking and other financial institutions (and their customers) with an additional method to prevent online banking fraud and identity theft. TwoSecure™ is a cost-effective alternative to hardware devices such as keyfob OTP generators.

TwoSecure™ can be configured to support incremental levels of security, and can protect users from viruses such as Trojan Silent.banker.

The product’s user experience is initially being trialled by bank staff who are using it to gain remote log-in access to the organisation’s corporate networks and business systems.
TwoSecure™ has passed independent security audits, is available in multiple languages and can be customised to reflect the branding of each organisation.

Trojan.Silentbanker Announcement

Tue, 29 Jan 2008 00:00:00 +1300

29 January 2008:

Fronde Anywhere mitigates against Trojan .Silentbanker.

Trojan .Silentbanker is a sophisticated new Trojan that has the ability to steal confidential financial information by defeating two-factor authentication measures. The Trojan can perform man-in-the-middle attacks and intercept transactions without the user knowing.

Fronde Anywhere’s award winning multi-factor authentication solution, TwoSecure™, can be configured to support incremental levels of security, and can protect users from Trojans such as these by a unique security feature known as Transaction Signing.

TwoSecure™ is a simple, user-friendly solution which generates one time passwords (OTPs) by using an installed and downloaded application that runs on a mobile device.

Transaction signing adds an additional layer of security to a transaction, and prohibits any third party to hijack a transaction, as the OTP used by the customer is useless for any other transaction other than the one intended to do.

Using the TwoSecure™ product gives Internet banking customers confidence that no third party can impersonate them and provides Banks with protection against non-repudiation for online transactions.

For more information about the TwoSecure™ product please contact us.

mpayment-asia/

Wed, 16 Jan 2008 00:00:00 +1300

16 January 2008:

Fronde Anywhere signs mobile payment deal in Asia

Fronde Anywhere has recently signed a deal to deliver an innovative new mobile payment solution into Asia. The solution is based on Fronde Anywhere’s BankAnywhere platform for mobile banking. It will enable customers to purchase consumer goods from a range of merchants via the mobile phone. The payments are done with direct and real time interfaces integrated with multiple payment issuers including: bank issuers, credit card issuers, and mobile network operator or other institutions’ pre-paid wallets.

The deal was secured by LogicaCMG, Fronde Anywhere’s strategic partner in the region. The project will be delivered jointly by LogicaCMG and Fronde Anywhere and is expected to launch in April 2008.

Financial Innovation Awards announcement

Thu, 22 Nov 2007 00:00:00 +1300

22 November 2007:

Kiwibank wins Best Direct Channels Initiative at Financial Innovation Awards.

London, New York and Wellington, 22 November, 2007 – Kiwibank, a young New Zealand bank known for its innovative approach to banking, has won the Financial Innovation Award for ‘Best Direct Channels Initiative – Mobile Phone category’ offered by the ifs School of Finance. This accolade, which was presented at the Financial Innovation Awards Ceremony in London last night, is further recognition of Kiwibank’s successful mobile banking services.

Fronde Anywhere, a leading provider of mobile products for the financial services and corporate sectors, partnered with Kiwibank to provide the technology behind this award winning mobile banking solution. The Kiwibank mobile banking facility enables a customer to use a mobile phone for virtually all the banking services available on the Internet. This includes viewing account balances and transactions, transferring funds between accounts and making payments to other parties.

Gary Millner, director of Corporate Relations and Communications at the ifs School of Finance, said: “The ifs Financial Innovation Awards are now firmly established as one of the most prestigious in the financial services industry. Entries from organisations across the globe combined with a rigorous judging process mean that those who win one of the award categories, such as Kiwibank can take pride in having truly excelled in the industry. Put simply, the awards have again provided a great opportunity for innovators in the financial services industry to gain recognition for their efforts.”

Fronde Anywhere executive vice president, products and marketing, Caroline Dewe, was in London to collect the award on Kiwibank’s behalf. “We’re absolutely delighted to be recognised internationally alongside Kiwibank at these prestigious awards,” she said. “It reinforces Kiwibank’s strong growth and commitment to mobile banking as a key part of its multi channel strategy.”

Sam Knowles, CEO of Kiwibank commented: “It is incredibly exciting for a small bank like Kiwibank, in partnership with Fronde Anywhere, to get this kind of international recognition. At Kiwibank, we see mobile banking as the way of the future, and we are continually committed to being at the forefront of technical innovation.”

The development of Kiwibank’s Mobile Banking solution was a considerable and highly complex technical achievement and involved Kiwibank and both mobile network providers, working together to achieve some notable ground breaking achievements. This has subsequently led and shifted the market. Every bank in New Zealand is in the process of incorporating mobile banking services into their multi channel offerings.

About the award:
This award recognises how an organisation has made strides forward in improving or innovating in the area of non-face to face or Internet services. As well as creating a valuable product, service or feature offered through direct channels that make the organisation stand out from the crowd. Kiwibank contended against large international banks including Alliance & Leicester, Banco Sabadell, Barclays Bank and Fortis all with similar mobile phone based offerings.

About Kiwibank
Kiwibank is a wholly-owned subsidiary of New Zealand Post. It opened for business in 2002 and has the largest network of branches of any bank operating in New Zealand It has more than 550,000 customers.

For further information visit: http://www.kiwibank.co.nz

Press contacts for Fronde Anywhere
Natalie Shamshoum or George Hayley
Metia
Tel: +44 (0) 20 3100 3655
Email: natalie.shamshoum@metia.com or george.hayley@metia.com

Press Contact for Kiwibank
Bruce Thompson.
Communications manager, Kiwibank
Bruce.thompson@kiwibank.co.nz
Tel +64 460 6831

BusniessMobile Announcement

Wed, 21 Nov 2007 00:00:00 +1300

21 November 2007:

Fronde Anywhere enables businesses to bank on the move.

Fronde Anywhere delivers mobile banking solution dedicated to small businesses.

New York and London, 21 November 2007 – Fronde Anywhere, a provider of mobile products for the financial services and corporate sectors, has today launched MobileBusiness as part of its flagship suite, making it easier for businesses to maintain control of their cash flow while on the move.

With BusinessMobile business managers can make payments or view account information – via a secure application stored on the mobile phone – wherever they are working at the time. BusinessMobile can also be configured to send proactive notifications that deposits and payments have been received, or reminders to authorised persons to approve a payment. It provides a secure alternative to business internet banking.

“Cash management is a front of mind for small to medium businesses,” says Jacob Jegher, senior analyst, Celent. “Using a mobile banking solution focused on this segment allows banks to add increased value, and improve service to this key target segment of customers.”

Fronde Anywhere has recognised that businesses have additional banking needs to retail banking customers, such as the requirement for built-in workflow for payment approval. BusinessMobile ensures that only designated staff can access or transact on business accounts. The solution supports tiered levels of access and authorisation including dual authorisation of payments.

“Small businesses do not have finance departments handling payments to suppliers, or chasing up overdue accounts – usually it’s the business owner who does this,” says Caroline Dewe, executive vice president, products and marketing at Fronde Anywhere. “Slightly larger businesses may have an in-house accountant but they still require involvement from business managers to authorise a payment before it can be processed. BusinessMobile will send the approver an alert enabling them to log in and approve the payment on the spot.”

The information services available to BusinessMobile users include functionality to view company credit card balances and statements in real time; manage funds in multiple currency accounts; view balances; and receive various alerts and notifications. These include notifications when a deposit has been received, and alerts when payments over a certain value are made on a company credit card. Payments services include the ability to transfer funds; enable dual authorisation of payments; approve batch payments; make a one-off payment; and receive text notifications for payments awaiting approval.

In addition to these services, user experience, branding and service options can be aligned with the organisation’s own brand – differentiating its business mobile banking solution from competitors’ offerings.

BusinessMobile can be implemented as a standalone solution, or on a shared platform with the bank anywhere retail banking modules.

Click here to read more about BusinessMobile

About Fronde Anywhere

Fronde Anywhere offers mobile banking, payment and two factor authentication solutions for retail banks and the wider financial services industry. Its portfolio of user-friendly solutions enable customers to make payments and bank transactions via their mobile device from any location. Fronde Anywhere’s mobile technology provides enhanced security for authenticated access to online banking or remote networks.

The company has built its reputation on the proven delivery and implementation of first to market mobile products and solutions that deliver real business benefits to its clients. Fronde Anywhere is part of Fronde Systems Group, which serves clients in Europe, North America, Australasia and South East Asia from its offices in London, New York, Singapore and New Zealand.

Press contacts

Natalie Shamshoum or George Hayley
Metia

Tel: +44 (0) 20 3100 3655

Email: natalie.shamshoum@metia.com or george.hayley@metia.com

Forrester Report

Fri, 16 Nov 2007 00:00:00 +1300

November 16:

Fronde Anywhere interviewed for an independent report on Mobile Authentication.

Fronde Anywhere has been interviewed as a product vendor for its TwoSecure™ mobile multi factor authentication product in Forrester’s November 2007 report titled “Mobile Authentication Marries Security With Convenience - A Token-Killing Form Factor For Secure Consumer Online Banking”.

The report highlights how vendors are now leveraging the near ubiquity of mobile phones to provide a range of secure, effective, and convenient methods of customer authentication and states that mobile authentication can be the linchpin that holds together online banking, mobile banking, and mobile payments in a way that marries security with convenience.

For this report, Forrester interviewed many banks, systems integrators and vendor companies.

For more information about the report, and to learn how to purchase, please click here

FRST Award

Thu, 15 Nov 2007 00:00:00 +1300

15 November 2007:

Fronde Anywhere wins top Technology Award.

Fronde Anywhere has been awarded a Technology Commendation by the Foundation for Research, Science and Technology (FRST) in recognition of outstanding achievement in designing and applying cutting-edge technology for their mobile banking, payment and two factor authentication technology.

From the left - Murray Bain, Chief Executive of FRST, Antony Williams, CTO for Fronde Anywhere, Craig Eades, Product Manager for Fronde Anywhere and the Honorable Pete Hodgson, Minister of Research, Science and Technology.

“Fronde Anywhere is greatly honoured to have won this award and expresses gratitude to both the Foundation for Research, Science and Technology and NZ Trade and Enterprise for their ongoing support in developing and marketing our products” says Caroline Dewe, EVP Products & Marketing for Fronde Anywhere.

Winners are entitled to use a special “mark of excellence” to promote their product or service and receive a trophy and certificate, which was presented at the New Zealand Export Awards held in Auckland last night (Thursday 15 November).

The Technology Commendation Awards, now in their ninth year, were established to publicly recognise companies that have developed or applied new technology that has grown their business and benefited New Zealand. So far 28 companies have received the prestigious award.

For more information about the awards click here

TowerGroup Report

Wed, 14 Nov 2007 00:00:00 +1300

14 November 2007:

Kiwibank included in TowerGroup m-banking report written by Bob Egan.

TowerGroup's latest report titled "US Mobile Banking Forecast: 2007-2012" references Kiwibank as a case study of a financial institution launching mobile banking applications .

"With mobile device penetration in the U.S. at an all time high and market dynamics shifting, mobile banking is finally poised to thrive," said Bob Egan, Chief Analyst at TowerGroup and author of the research. "Consumers view their phones as trusted devices, even more so than their desktop PC. This perception will help fuel the adoption of mobile banking among non-online banking users."

Many US financial institutions are launching mobile banking applications or gearing up to do so. In this Research Note, TowerGroup combines research on the market for mobile banking with its earlier research on the online banking channel and mobile technology to forecast US consumer mobile banking usage from 2007 to 2012. Besides looking at the similarities and differences between the start of mobile banking and the evolution that has occurred in online banking, the report discusses today's mobile environment and the likely impact of mobile banking on other delivery channels.

HiTechAwards

Mon, 12 Nov 2007 00:00:00 +1300

5 November 2007:

Fronde Anywhere wins Innovation Category at PricewaterhouseCoopers New Zealand Hi-Tech Awards.

Fronde Anywhere’s innovative multi factor authentication solution, TwoSecure™, won the Enatel Innovation Award at the 2007 PricewaterhouseCoopers New Zealand Hi-Tech Awards.

TwoSecure™ provides an easy to use two factor authentication application that generates one time passwords (OTPs) via an application that is stored on the mobile phone.

Judging was based on several criteria, including the product’s competitive advantage, how the success of the product has impacted on the company, and reasons why the company should receive the award.

Caroline Dewe, Director of Products & Marketing states “we see this technology having the potential to change the face of the multi-billion dollar international identity management industry. With banking regulatory bodies around the world starting to mandate that banks implement some form of multi factor authentication in order to protect customer’s identities and funds. TwoSecure™ is ideally placed to meet a very strong and growing market need."

Fronde Anywhere was one of the company’s profiled in a TV3 Business News feature leading up to the award night, which includes an exclusive interview with Caroline Dewe. Fronde Anywhere is the second company profiled.

Segment from TV3 Sunrise Programme

The Hi-Tech Awards were inaugurated 14 years ago to recognise New Zealand technology businesses that are leading their industries, both here and around the world. The awards also acknowledge the people behind these companies who are working to build businesses around exciting new technologies.

Owen Gibson, a partner in the PricewaterhouseCoopers Emerging Businesses practice, said the high-tech industry was one of the most fast-paced and challenging areas of business in New Zealand.

Click here for more information about the awards and a list of winners.

Juniper Research

Wed, 31 Oct 2007 00:00:00 +1300

31 October 2007:

Fronde Anywhere included in latest Juniper Research Mobile Payments report.

Juniper Research's latest report titled "Mobile Payments: Strategies & Markets 2007-2011” references Fronde Anywhere as a leading vendor for mobile payments for applications and services. Additionally, it highlights a number of case studies, such as Fronde Anywhere's TXT-a-Park™, as a leading mobile payment case study.

The report provides an in depth analysis of the payment and mobile industries current and future strategies, projecting the most comprehensive regional market data obtainable to date. It examines current commercial mobile payment schemes that are based on SMS.

This report also offers an invaluable insight into the strategy that new entrants will need to adopt if they wish to effectively establish themselves in this exciting new market.

For more information about this report and how to purchase, please click here.