24 January 2018
visit www.ebaday.com

Chase selects Tantau for m-commerce roll out

02 November 2000  |  2688 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  |  5471 views  |  0 comments
First Union to offer mobile banking

First Union to offer mobile banking

16 October 2000  |  2694 views  |  0 comments
Chase offers free digital wallet to cardholders

Chase offers free digital wallet to cardholders

20 September 2000  |  4260 views  |  0 comments

Related company news


Related blogs

Create a blog about this story (membership required)
visit www.thomsonreuters.infovisit www.vasco.comvisit www.fivedegrees.nl

Top topics

Most viewed Most shared
Banks shift priorities toward growth, digitisation and innovation - surveyBanks shift priorities toward growth, digi...
9779 views comments | 38 tweets | 48 linkedin
Standard Chartered establishes fintech innovation and investment unitStandard Chartered establishes fintech inn...
9486 views comments | 14 tweets | 14 linkedin
Sbanken opens developer portal and invites customers to build their own digital bankSbanken opens developer portal and invites...
8517 views comments | 17 tweets | 11 linkedin
Metro Bank joins digital revolution with instant online account openingMetro Bank joins digital revolution with i...
7034 views comments | 13 tweets | 25 linkedin
Could distributed ledgers restore the reputation of the MBS market?Could distributed ledgers restore the repu...
7020 views comments | 6 tweets | 9 linkedin

Featured job

Competitive base + commission
London, UK

Find your next job