Aether Systems and Euronet Worldwide Announce Availability of Mobile Finance by Aether - Brief Article

Wireless Internet, July, 2001

Aether Systems and Euronet Worldwide announced the availability of Mobile Finance by Aether, a wireless solution that enables financial institutions to allow consumers to manage their finances any time, any place. The wireless financial service features event messaging and account access, ensuring secure, real-time transactions and account activity alerts using mobile phones, interactive pagers, and personal digital assistants (PDAs).

With Mobile Finance by Aether, banks, brokerages, credit unions, and other financial institutions can extend customer access to account information across a variety of wireless device. The service delivers personalized event messaging in the form of alerts prompted from customer-selected preferences. Based on the customer's choices, it sends timely alerts to multiple types of wireless devices in addition to e-mail addresses and fax machines. Event messaging provides instant delivery of consumer-requested information such as an account reaching a minimum balance, deposit confirmation, transfer and withdrawal notifications, credit card limits reached, or changing loan rates.

Account access provides users with real-time transactions, such as viewing current balances and mini-statements, reporting lost or stolen credit cards, changing passwords, ordering checks, or requesting additional statements. The menu-driven application offers a secure link to multiple accounts with industry standard security technologies and protocols.

Mobile Finance by Aether is designed to provide financial institutions with a comprehensive, hosted solution that can be operational within 90 days. By integrating a company's information systems with corresponding wireless device, Euronet and Aether manage every aspect of deploying the service. The service also includes secure, reliable high-performance connection to all major carriers through Aether's redundant data centers, 24-hour access to customer care teams, and detailed service-level agreements.