AT&T, BancorpSouth, and Firethorn Announce Innovative Mobile Banking Application
27 Março 2007 - 2:01AM
PR Newswire (US)
Convenience, Flexibility and Security of Online Banking Come to the
Wireless Phone ORLANDO, Fla., March 27 /PRNewswire-FirstCall/ --
AT&T Inc. (NYSE:T), BancorpSouth, Inc. (NYSE:BXS), and
Firethorn Holdings, LLC today announced an innovative mobile
banking application that brings the convenience, flexibility and
security of online banking to the wireless phone. Beginning today,
BancorpSouth customers who subscribe to AT&T's wireless service
can download the mobile banking application directly to their
device, where they can access the application anywhere and at any
time with just one click. The easy-to-use service lets people view
their account balances, transfer funds between accounts, and
receive and pay bills, just as they do now using their home
computer. To help ensure privacy and security, all information on
the mobile banking application is password-protected and encrypted.
"We are delighted to work with BancorpSouth and Firethorn on this
exciting new application," said Jim Ryan, vice president, Data
Services at AT&T's wireless unit. "Big developments in wireless
often start with a seed. For example, until just a few years ago,
text messaging was a novelty, and now it is pervasive and
hard-wired into our behavior. We believe that mobile banking will
rapidly move up a similar curve of mass adoption with AT&T's 61
million wireless customers." "At BancorpSouth, a key emphasis is on
offering our customers convenient, time-saving new ways of managing
their money," said Aubrey Patterson, BancorpSouth's chairman and
chief executive officer. "That is why we were the first financial
institution to participate in a trial of mobile banking with
AT&T and Firethorn, and that is why we are now making this
application available to all of our customers. "AT&T and
BancorpSouth use Atlanta-based Firethorn to enable the mobile
banking application and, through Firethorn's partnership with
CheckFree Corp. (NASDAQ:CKFR), customers who are using the
electronic billing and payment service to receive and pay bills
online will now be able to access and pay bills using their mobile
device. Firethorn serves as a single pathway between financial
institutions and wireless carriers, offering a secure and flexible
technology platform on which mobile banking capabilities can be
built. "This is a great day for wireless and for banking," said
Tripp Rackley, Firethorn's chairman and chief executive officer.
"Starting now, AT&T and BancorpSouth are building the future of
mobile banking by offering a service that is powerful, intuitive
and secure. We are thrilled to be their partner in this important
development and in making the market for mobile banking and
payments." In the coming weeks, AT&T and Firethorn expect to
announce the availability of mobile banking to customers of other
financial institutions. Note: This AT&T release and other news
announcements are available as part of an RSS feed at
http://www.att.com/rss . About AT&T AT&T Inc. is a premier
communications holding company. Its subsidiaries and affiliates,
AT&T operating companies, are the providers of AT&T
services in the United States and around the world. Among their
offerings are the world's most advanced IP-based business
communications services and the nation's leading wireless, high
speed Internet access, and voice services. As part of its
three-screen integration strategy, AT&T is expanding video
entertainment offerings to include next-generation television
services such as AT&T U-verse(SM) TV. In domestic markets,
AT&T is known for the directory publishing and advertising
sales leadership of its Yellow Pages and YELLOWPAGES.COM
organizations, and the AT&T brand is licensed to innovators in
such fields as communications equipment. Additional information
about AT&T Inc. and the products and services provided by
AT&T subsidiaries and affiliates is available at
http://www.att.com/ . AT&T and the AT&T logo are trademarks
of AT&T Knowledge Ventures. About BancorpSouth Headquartered in
Tupelo, Mississippi, BancorpSouth, Inc., is a $12.9 billion
financial holding company that operates 289 commercial banking,
mortgage, insurance, trust and broker/dealer locations in Alabama,
Arkansas, Florida, Louisiana, Mississippi, Missouri, Tennessee and
Texas with a staff of approximately 4,000 full-time employees.
BancorpSouth and its subsidiaries provide, in addition to
traditional banking services, mortgage origination and servicing,
student loans, leasing, credit card, trust and fiduciary services,
brokerage, investment and insurance services. About Firethorn
Atlanta-based Firethorn is a mobile banking and payment services
enabler that links financial institutions and wireless carriers
through a unified, secure and scalable technology platform that
seamlessly extends full-service banking and payments capabilities
to consumers from any financial institution to virtually any
wireless device. By partnering with Firethorn, financial
institutions and wireless carriers alike gain a competitive service
differentiator that improves customer retention, generates revenue
and answers consumer demands for more product/ service convenience.
For more information on Firethorn, visit
http://www.firethornmobile.com/ . DATASOURCE: AT&T Inc.
CONTACT: Mark Siegel, AT&T Mobility, +1-404-236-6312, or ; or
Kelly Buday, Firethorn, +1-678-507-2555, or ; or Randy Burchfield,
BancorpSouth, +1-662-620-4305, or Web site: http://www.att.com/
http://www.firethornmobile.com/
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