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Starmedia, Eversystems Partner for Mobile Banking Solutions

Spanish- and Portuguese-focused media company StarMedia Network Inc. signed a partner deal with EverSystems, a Latin American provider of electronic banking solutions to bring a pan-regional mobile banking offering to Latin America.

StarMedia Mobile and EverSystems wireless Internet platform will be integrated to allow customers to conduct mobile banking transactions, such as account transfers, balance inquiries and bill payments using cellular telephones or other mobile devices. Financial arrangements were not disclosed.

"We will work together with EverSystems to promote the development of mobile banking solutions, representing a significant leap in the value-added services offered by wireless carriers," said Enrique Narciso, general manager of StarMedia Mobile.

"StarMedia Mobile's leading wireless Internet platform is an important component for EverSystems' goal to put the electronic banking experience in the hands of Latin American consumers," said Cristian G. Balbontin, chief operating officer of EverSystems USA.

EverSystems has implemented technology to deliver secure financial transactions for about 25 financial institutions in Latin America, reaching more than one million online banking users.



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