RealTime IT News

724 Solutions, Harris Bank Offer Wireless Services

[Toronto, CANADA] 724 Solutions and the Bank of Montreal's Harris Bank, a fully-owned U.S. subsidiary, let Chicago-based retail customers conduct banking and investment services using Internet-enabled mobile phones.

According to the companies involved, this makes Chicago-based Harris Bank the first U.S. bank to roll out wireless banking and investment services to its entire customer base.

Powered by 724 Solutions' Financial Services Platform, the bank's service, Harris Wireless, is a complete wireless banking and investment offering. Beginning today, Harris Bank customers will be able to gain access to banking, investment and information content through Internet-ready mobile phones.

Customers who use Harris Wireless will be able to bank online, view account balances and transaction histories, transfer funds between Harris accounts, create and receive stock alerts, and access other services. Harris Wireless is an extension of Veev, Bank of Montreal's Canadian wireless banking service, launched last year.

"The Harris Wireless launch is a committed strategic entry into the U.S. market on the part of Harris Bank and Bank of Montreal," said Mark Dickelman, senior vice president, m-commerce and wireless, Harris Bank. "Now we can deliver secure access to multi-language banking, brokerage, and content services in both Canada and the U.S."

724 Solutions provides an Internet infrastructure solution to financial institutions that enables them to offer personalized and secure online banking, brokerage and e-commerce services across Internet-enabled wireless and consumer electronic devices. Headquartered in Toronto, it has offices in London, San Francisco, Sydney, and Tokyo.