Mobile banking solution provider M-Com has launched a complete software-as-a-service (SaaS) version of its mobile banking and payment platform BankAnywhere. The new product has been labeled BankAnywhere ASP Edition.

M-Com’s strategic partner Fiserv, a provider of financial services technology solutions, contributed to the development of the new service and has incorporated BankAnywhere ASP Edition technology into Mobile Money from Fiserv.

Using BankAnywhere ASP Edition, financial institutions’ customers and members are able to check balances and transaction history, transfer funds, view and pay bills and receive alerts. These mobile services are available through all three primary mobile access modes; SMS, mobile browser and downloadable applications.

Adam Clark, CEO and founder of M-Com, said: “Having run ASP and multi-tenant mobile financial services since 2006, we have been focused on trying to create a full and complete ASP version of our award-winning product, BankAnywhere.

“The team has worked very hard and the initiative has given our coffee machine a solid workout, but I can categorically say that M-Com now has the best mobile software-as-a-service platform in the world for banks and payment processors.”