FIS Earns Best in Class Mobile Banking Overall. FIS earned Javelin’s 2013 Best in Class Overall Mobile Banking Vendor Award by offering a broad range of features and functionality for both its standard and higher-end, customizable products. FIS offers a robust money movement suite with mobile remote deposit, transfer and bill pay, as well as account opening, P2P transfers, and an integrated mobile wallet.
Top 3 in Mobile Banking:
- Monitise trailed FIS by just 0.4 percentage points. Monitise demonstrated the highest ratings in security, back-office, alerting platforms, and tiered authentication for high-risk transactions. While all vendors surveyed offered multifactor authentication, just 55% — including Monitise — offer device fingerprinting.
- Fiserv received top ratings for its platform. Fiserv expanded its already comprehensive mobile banking offering by completing the integration of the Popmoney real-time person-to-person solution into its Mobiliti platform.
Javelin’s 2013-2014 Mobile Banking Vendor Scorecard: Vendors Segment Offerings into Standard and Custom Solutions provides a highly detailed, competitive analysis and ranking of 11 leading mobile banking providers. The study evaluates vendors’ solutions — standard and customized — in four main categories: security, platform, features, and emerging capabilities. The results of this study can be used as a strategic guideline for financial institutions developing their mobile strategy or selecting a vendor, or for vendors to provide evidence to build a mobile banking justification for customers.
The report profiles the following 11 mobile banking vendors: ACI Worldwide, D3 Banking, Digital Insight, FIS, Fiserv, Jack Henry, Kony, Malauzai Software, Monitise, Q2ebanking, and Yodlee.
About Javelin Strategy & Research
Javelin Strategy & Research, a division of Greenwich Associates provides strategic insights into customer transactions, increasing sustainable profits for financial institutions, government, payments companies, merchants and other technology providers. Javelin’s independent insights result from a uniquely rigorous three-dimensional research process that assesses customers, providers, and the transactions ecosystem.