Mobile Banking Strategy and Implementation

Business Case:

A Global Financial Services company was deciding on an approach for delivering account management services to their customer via mobile devices.  The mobile banking industry was in resurgence and a number of their local and national banking competitors had already or were about to roll out comprehensive mobile solutions for their customers with significant press exposure.  In order to maintain competitiveness and remain innovative, the client initiated a mobile banking program.

The mobile banking approach needed to be flexible enough to provide services across their multiple business units.  Adding to the complexity were the multiple potential mobile access points for consumers:  Mobile Browser, Short Message Service (SMS), as well as Downloadable Applications.  The client needed to determine and implement the appropriate modality for their consumer base while limiting long-term maintenance costs.

Solution: 

CapTech was engaged during the full mobile deployment lifecycle, assisting the client in determining the appropriate access point(s), aid in the product selection, drive the technology architecture, and oversee the entire implementation.

After aiding in the product selection, CapTech provided Senior Architect support to design and implement a highly available mobile banking infrastructure that would support all the client business units.  CapTech drove the architecture decisions and coordinated and oversaw all third-party technical development.

While initially only providing mobile banking services via two-way SMS communication, the solution was designed and scaled to support all three mobile access points.  The resulting solution provided a single, consistent platform that all business units could leverage for mobile communication with their customers.

Tools: 
  • Java EE
  • ClairMail Mobile Banking
  • Apache Tomcat
  • Web Services
Results: 
  • Increased customer experience by providing on-the-go access to account information.
  • Decreased maintenance by providing a single unified platform.
  • Improved customer exposure to account activity by providing SMS based alerting.