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Amdocs Partners With Trivnet Enabling Service Providers to Offer Mobile Money Services
Jun 24, 2009
Quick-to-deploy offering allows mobile service providers to capitalize on a range of financial services which cross borders and networks, delivered over the mobile phone
"In today's digital lifestyle, it's a natural extension to utilize the
mobile handset for financial transactions. The key is to ensure the user
experience is positive and the underlying infrastructure supports such
transactions in a totally secured fashion," said
The Amdocs Mobile Money Hub is powered by Trivnet's TRIV Platform(TM). The Trivnet technology allows service providers to offer their customers the ability to perform various financial transactions, such as money transfers, mobile commerce, and mobile banking, from all types of mobile phones, as well as over the Web, IVR (interactive voice response) or any other access method available to customers. Services are conducted in a fully secured environment, allowing service providers to adhere to the strictest financial and security standards and regulations, including ISO 8583, Know-Your-Customer (KYC), and Anti-Money-Laundering (AML).
The Amdocs Mobile Money Hub is connected to global banking partners that
provide the necessary foreign exchanges and inter-bank settlement services for
cross-border money transfers. "Together with
The Amdocs Mobile Money Hub can be rapidly deployed. The underlying scalability of the solution allows service providers to readily add subscribers, services, and cross-border affiliations serving as cash in/cash out points, and support growing transaction volumes under an attractive, pay-as-you-grow, SaaS pricing structure. All services carry the service provider's brand, are configured to the provider's requirements and are localized to the finest details.
The announcement was made at the GSMA Mobile Money Summit 2009 taking
place today in
About
Amdocs Forward-Looking Statement
This press release includes information that constitutes forward-looking
statements made pursuant to the safe harbor provision of the Private
Securities Litigation Reform Act of 1995, including statements about
About Trivnet
Trivnet is a leading participant in the emerging world of mobile money services. Established in 1997 and privately owned, Trivnet was one of the first companies in this domain and has already deployed its TRIV Platform(TM) with many service providers and mobile network operators around the world.
Trivnet's solutions enable the development of effective and profitable mobile financial services based on the participation of telecom operators, financial institutions, merchants, distributors and retailers - locally and globally. For more information, visit Trivnet at www.trivnet.com
SOURCEAmdocs -0-06/24/2009 /CONTACT:Amdocs ,Garland Harwood ,Weber Shandwick forAmdocs , +1-212-445-8373, gharwood@webershandwick.com; or Trivnet, Stacy Fassberg, Marketing Director, Trivnet, +972-544-234-976, stacy@trivnet.com/ /Web Site: http://www.amdocs.com / (DOX) CO:Amdocs ; Trivnet ST:Spain IN: STW FIN CPR SU: CON PDT PR -- NY37424 -- 742406/24/2009 03:31 EDT http://www.prnewswire.com