17 August 2017
visit www.avoka.com

Chase selects Tantau for m-commerce roll out

02 November 2000  |  2613 views  |  0 Chase selects Tantau for m-commerce roll out

The Chase Manhattan Bank is to use Tantau Software's Wireless Internet platform for the delivery of mobile financial services to retail and wholesale customers.

"Our customers deserve the best banking services available, and in today's mobile world, that includes the ability to bank from anywhere you happen to be," says Denis O'Leary, head of Chase.com. "Tantau's Wireless Internet platform is the major building block in our efforts to seamlessly integrate Chase's wired and wireless online transaction infrastructure."

Beginning early next year, Chase customers will be able to use the system to transfer data to and from any WAP (wireless application protocol)-enabled cellular phone, laptop computer or personal digital assistant using any wireless carrier. The Tantau platform enables Chase to maintain a direct link with its customers, versus an environment in which all transactions must go through a service provider's proprietary gateway, or portal.

Several wholesale and retail businesses within Chase plan to begin offering wireless services beginning in the first quarter of 2001. Functions will include account access, e-mail, Web access and location based services, such as locating convenient ATMs, says the bank.

Financial institutions will be the major drivers behind the adoption of wireless Internet technology in the US according to a recent IntelliQuest research study, commissioned by Tantau. Eighty percent of wireless device users in the study indicated they would not use mobile devices for financial transactions if not provided with a completely secure network through which the transaction is processed. And, 75 percent of respondents indicated they would be less likely to use wireless to connect to the Internet if personalised services were not available.

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

Chase launches account aggregation service

Chase launches account aggregation service

17 October 2000  |  5295 views  |  0 comments
First Union to offer mobile banking

First Union to offer mobile banking

16 October 2000  |  2620 views  |  0 comments
Chase offers free digital wallet to cardholders

Chase offers free digital wallet to cardholders

20 September 2000  |  4188 views  |  0 comments

Related company news


Related blogs

Create a blog about this story (membership required)
download the paper nowvisit www.dorsum.euvisit www.niceactimize.com

Top topics

Most viewed Most shared
Coinbase raises $100mCoinbase raises $100m
10432 views comments | 14 tweets | 14 linkedin
DBS Bank launches online car selling marketplaceDBS Bank launches online car selling marke...
9830 views comments | 13 tweets | 11 linkedin
China preps central clearing house for mobile payments providersChina preps central clearing house for mob...
9746 views comments | 8 tweets | 15 linkedin
Monzo appoints Curve co-founder Foster-Carter COOMonzo appoints Curve co-founder Foster-Car...
8141 views comments | 1 tweets | 3 linkedin
hands typing furiouslyCompliance: Overcome the data deficit
7618 views 0 | 1 tweets | 8 linkedin