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Citi and Firethorn launch new mobile solutionNov 19, 2008 (Datamonitor via COMTEX) -- Citi and Firethorn Holdings, the mobile commerce subsidiary of wireless technology company Qualcomm, have introduced Citi Mobile for Cards, a mobile solution that reportedly allows Citi credit card customers to access real-time credit card account information on their mobile phones. Citi Mobile for Cards is now available to AT&T subscribers as part of AT&T mobile banking, and to Verizon Wireless customers who download and use the free mobile banking application on Get It Now. Firethorn has said that Citi Mobile for Cards transactions are secure with data encryption and are monitored for fraud. In addition, no personal information is stored on the phone and if a cell phone is lost or stolen, Citi Mobile for Cards can be deactivated instantly. For added security, Citi Mobile for Cards only permits access to accounts from the phone that is registered with the service and PIN authorization is required, added Firethorn. Raja Rajamannar, chief marketing officer of global cards at Citi, said: "Citi Mobile for Cards is a testament to how Citi is innovating with mobile phone-based financial services to provide new experiences for customers. By collaborating with best in class technology provider Firethorn, Citi Mobile for Cards is uniquely positioned to meet our cardmembers' demands for fast, secure, on-the-go account management through their mobile phones." Tripp Rackley, CEO of Firethorn, added: "We are very pleased to be working with Citi, AT&T and Verizon Wireless to offer their customers a cutting-edge mobile solution. Firethorn's commitment to the future of mobile commerce will extend the convenience and simplicity of the mobile device to Citi cardmembers in the US." http://www.datamonitor.com Republication or redistribution, including by framing or similar means, is expressly prohibited without prior written consent. Datamonitor shall not be liable for errors or delays in the content, or for any actions taken in reliance thereon |
