20 August 2017
visit www.avoka.com

Wachovia partners VeriSign for student text messaging service

01 October 2004  |  4369 views  |  0 mobile in hand

US bank Wachovia has teamed with California-based VeriSign to launch a mobile SMS-based service for students applying for loans.

Wachovia says the service will be available through its Educaid division and will help students complete loan application processes and provide faster access to funds.

Doris Grose, president of Educaid, says: "Students will be notified via their mobile phones that their loan applications need additional information."

The text messaging service will be powered by VeriSign's Intelligent Messaging Network.

Vernon Irvin, EVP, VeriSign Communications Services, says: "Educaid is taking the advantages of SMS technology to students, giving them faster loan approval and processing - no matter where they are located in the United States, and no matter which carrier their mobile device uses."

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

Upaid launches SMS bill payment service

Upaid launches SMS bill payment service

23 September 2004  |  4557 views  |  0 comments
Wachovia brokers hit by computer glitches

Wachovia brokers hit by computer glitches

14 September 2004  |  4206 views  |  0 comments
Wachovia moves online banking to Corillian platform

Wachovia moves online banking to Corillian platform

07 July 2004  |  7738 views  |  0 comments
National Australia Bank to use SMS to beat phishers

National Australia Bank to use SMS to beat phishers

06 July 2004  |  6071 views  |  0 comments
VeriSign introduces anti-phishing service

VeriSign introduces anti-phishing service

29 June 2004  |  5250 views  |  0 comments
US Bancorp signs with Verisign for managed security services

US Bancorp signs with Verisign for managed security services

09 March 2004  |  3158 views  |  0 comments
ASB Bank authenticates Internet users via SMS

ASB Bank authenticates Internet users via SMS

18 June 2003  |  7467 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.abe-eba.euvisit www.worldpaymentsreport.comdownload the paper now

Top topics

Most viewed Most shared
Mobile contactless spending accelerating in UKMobile contactless spending accelerating i...
9950 views comments | 23 tweets | 23 linkedin
Norwegian banks and startups form fintech clusterNorwegian banks and startups form fintech...
8383 views comments | 19 tweets | 23 linkedin
RBS to bring Silicon Valley to EdinburghRBS to bring Silicon Valley to Edinburgh
7983 views comments | 10 tweets | 7 linkedin
hands typing furiouslyWhy Is Risk Analytics Important?
7876 views 0 | 3 tweets | 1 linkedin
Barclays pairs banking data with third party apps for SmartBusiness DashboardBarclays pairs banking data with third par...
7249 views comments | 15 tweets | 13 linkedin

Featured job

Find your next job