Verizon Wireless Selects Firethorn For Mobile Banking Applications

Verizon Wireless recently announced that they have selected Firethorn for Mobile banking and processing payments.

“Firethorn’s larger vision is to provide consumers with a safe, secure and consistent access point to their financial information through their ever-present mobile device,” explained Firethorn chairman and chief executive officer Tripp Rackley. “Viewing balances, making transfers and paying bills is the first step. Bringing new and exciting functionality to the mobile handset, such as the ability to view and redeem loyalty points, reload gift cards and perform purchases at the point of sale, including contactless payments, is core to our mobile financial services strategy.”

Rackley continued, “Today’s announcement with Verizon Wireless is an important step toward broad adoption of mobile financial services – delivered through the Firethorn solution. Together with Verizon Wireless and our financial institution partners, we are helping to define the market for mobile financial services.”

Firethorn already services Wachovia (NYSE: WB), SunTrust Bank (NYSE: STI), Regions Financial (NYSE: RF), BancorpSouth (NYSE: BXS), Synovus (NYSE: SNV) among others, Verizon Wireless customers will be able to access these relationships in a simple and secure fashion. Verizon Wireless plans to pre-load the Firethorn application on devices in the future.

For more information about this new partnership, please visit Firethorn Mobile.