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News & Analysis

Financial Technology Leaders Convene for mFoundry User Workshop

March 22, 2012, Thursday, 15:09 GMT | 11:09 EST | 19:39 IST | 22:09 SGT
Contributed by PR Newswire

SAN FRANCISCO, March 22, 2012 /PRNewswire/ -- mFoundry, the fastest-growing provider of mobile banking and payments solutions, today announced its 2012 User Workshop is taking place near its corporate headquarters in Larkspur, California, and features an impressive lineup of industry leaders in financial services technology. The annual event focuses on accelerating innovation in mobile financial services around mFoundry's mobile banking and payments platform.

mFoundry's User Workshop is designed to bring together financial technology innovators with mFoundry's extensive channel partners and its direct and indirect financial institution customers - attendees represent a sample of mFoundry's fast-growing customer base of nearly 650 banks and credit unions in the U.S.

"Our annual user workshop is one of the most valuable events of the year for mobile banking and payments leaders," said Drew Sievers, Co-Founder and CEO of mFoundry. "Frankly, there are very few events that bring together mobile financial services innovators and financial institution product leadership in one intimate, workshop setting. The result is a highly productive few days where new concepts in mobile banking and payments are created, shared, and planned for commercial distribution."

The annual user workshop kicked off with a keynote address from Brett King, bestselling author of the groundbreaking books Bank 2.0 and Branch Today, Gone Tomorrow, and a strategic advisor to the global financial services industry. The workshop also features keynote presentations from payments industry experts Allen Weinberg, Managing Partner and Co-Founder of Glenbrook Partners, and Mehmet Pasa, MasterCard Worldwide.

"mFoundry is leading the charge in enabling mobile innovation for banks and credit unions today," said King. "I am delighted to speak with mFoundry's trusted partners and customers about how to leverage mobile to better connect with consumers in the retail financial services space, and how to drive smart revenue."

In addition to the keynote presentations, several of mFoundry's partners and customers will lead sessions on best practices in mobile banking and payments built from their experience leveraging mFoundry's mobile banking and payments solutions. Sessions ranging from driving mobile enrollment, and improving mobile adoption, to maximizing ROI and implementing a successful mobile deposit offering, will be presented by executives from First Data, Zions Bank, First Tennessee Bank, University Federal Credit Union, Verity Credit Union, and Columbia Credit Union.

New to this year's User Workshop is the mFoundry's FinTech Showcase, an interactive series of demonstrations designed to highlight new product offerings from some of today's most innovative financial technology companies. The eight FinTech Showcase innovators hand-selected by mFoundry's leadership team to present at the Showcase include Betterment, Blackhawk Network, Chexar, Dwolla, TruAxis, Trusteer, Via Forensics, and Yodlee.

mFoundry's 2012 User Workshop also features a wide-range of practical, hands-on sessions around mFoundry's product roadmap and new product introductions, implementation, adoption and security best practices, led by the company's leadership team.

mFoundry partners First Data and MasterCard serve as lead sponsors supporting the 2012 User Workshop. Representatives from both companies will lead educational sessions for attendees at this year's workshop.

About mFoundry

mFoundry is the most popular mobile banking vendor in the U.S., currently the choice of nearly 650 banks and credit unions nationwide. mFoundry's mBanking product is the leading software-as-a-service (SaaS) based mobile financial services platform in the market today.

mFoundry is the only mobile banking vendor with proven market expertise in mobile payments, having developed and managed Starbucks Card Mobile, the first and most successful mobile payments program in the country. The company also recently announced a global strategic partnership with MasterCard to deliver NFC-enabled mobile payments solutions to its customers.

MasterCard adds to mFoundry's unmatched network of financial services technology companies that includes FIS, First Data, NCR, PayPal, Open Solutions, The CO-OP, PSCU Financial Services and COCC. mFoundry also has strategic alliances with mobile leaders Intel Capital and Motorola Mobility.

mFoundry was founded in 2004 by Drew Sievers and Rodney Aiglstorfer. The company is headquartered in Larkspur, California, and also has offices in downtown San Francisco. For more information on mFoundry, please visit http://www.mfoundry.com.

CONTACT: Jeremy Porter, (415)925-8550, jeremy@mfoundry.com

SOURCE mFoundry