NEWS

Amdocs revolutionizes Mobile Financial Services Solution

By VARINDIA - 2015-03-04

Amdocs has announced enhancements to its recently announced Mobile Financial Services (MFS) solution that enables secure, affordable and accessible financial services. Among the solution’s new capabilities is the ability for consumers to make ? and online merchants to accept ? payment from mobile wallet accounts over the Web. The enhanced solution will also help MFS providers, such as mobile network operators, banks and other financial institutions to attract new customer segments and improve agent efficiency to deliver a better customer experience. “The industry needs innovative solutions that can help MFS providers build new use cases, increase service delivery channels to reach new user segments, build effective partner ecosystems, and quickly roll out easy-to-use affordable services for the end-user that are sustainable and profitable. These enhancements further strengthen the Amdocs Mobile Financial Services solution to better address the needs of the unbanked and under-banked populations worldwide, while providing the ability to offer an innovative new service to excite and inspire customers, driving loyalty,” said Patrick McGrory, Division President for Amdocs’ emerging offerings. Delivered over a public or private cloud, the Amdocs Mobile Financial Services solution delivers a single mobile wallet from which users can manage and control their finances while enabling a wide selection of highly secure financial services. With a dedicated centre of excellence and business accelerator services, network operators and financial institutions can roll out and operate the solution with maximum cost efficiencies.