BROKAT
and Nokia team up to deliver WAP solutions to the financial services industry
Nokia and e-business specialist
BROKAT, have formed a global partnership to deliver WAP (Wireless Application
Protocol) to the financial services industry.
As a result of the initiative, businesses using BROKAT's
e-Services platform, Twister, will be able to offer secure transactional
services via WAP-enabled mobile phones. Services will run over the Nokia WAP
Server.
The first beneficiary of WAP-enabled business applications is
expected to be the financial services industry, an early adopter of e-commerce.
Because of its dynamic nature, WAP is expected to become a key delivery channel
for the secure execution of transactions on the move and the retrieval of
ever-changing information, such as bank account details.
Banks will be able to provide mobile financial services,
including balance enquiries and fund transfers. The partnership also allows
development of further services such as mobile ticketing and sharedealing.
"Banking is changing more than any other industry,"
said Roy Smith, general manager for Northern Europe at BROKAT. "The arrival
of Internet banking has changed customer expectations. Mobile services are just
the next step on the road to full customer autonomy and self-service via
electronic channels."
According to Gerhard Romen, vice president enterprise at
Nokia Internet Communications: "WAP has become the de facto standard in
mobile communications. Nokia's WAP technology is highly applicable to BROKAT's
Twister e-Services platform. Therefore, we're looking forward to working with
BROKAT to deliver reliable and secure WAP-enabled solutions to the customers in
the financial services industry."
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