Conestoga Bank has successfully deployed the mBanking mobile banking and payments platform from mFoundry Inc. With the new mobile banking solution, Conestoga Bank will provide its customers with mobile banking services that include three platforms – a smartphone app, a mobile web service and a text banking service.
Lori Adamski, Executive Vice President and Chief Operating Officer at Conestoga Bank, says that theirs is the first bank to integrate the mBanking solution directly into their Open Solutions Inc./DNA core system that is completely independent from their online banking offering. This particular structure was chosen because they view mobile as the future of banking, and wanted the flexibility to align their delivery channels perfectly with target audiences, he adds.