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QUALCOMM Incorpor (QCOM)
at 4:00pm 37.15 +0.70
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Fundtech and Firethorn partner to provide mobile corporate cash management

Aug 06, 2008 (Datamonitor via COMTEX News Network) --

Fundtech, a provider of global transaction banking solutions, and mobile commerce enabler Firethorn Holdings, a Qualcomm company, have announced that they will work together to add mobile connectivity to Fundtech's CASHplus cash management system.

According to Firethorn, the effort will leverage its mobile commerce platform, enabling CASHplus users to view account details, transfer funds and initiate bill payments. With this solution, corporate finance executives will have the ability to stay current with their banking and make time-sensitive decisions on the go. Fundtech plans to fully integrate Firethorn's technology into the CASHplus system.

Brian Jou, executive vice president of global product for Fundtech, said: "We selected Firethorn because of their wide distribution among mobile operators, which ensures the largest number of business users will have access to their time-critical banking information and services."


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