Sybase 365 and FirstCaribbean International Bank Bring Industry-Leading Mobile Banking Technology to the Caribbean
Bank Introduces First Regional mBanking Service Across 17 Markets, With Sybase mBanking 365 Platform
DUBLIN, CALIF. - Sybase 365, a subsidiary of Sybase, Inc. (NYSE: SY), the global leader in mobile messaging and mobile commerce services, today announced a partnership with FirstCaribbean International Bank to provide customers with mobile banking services enabling them the flexibility and convenience of managing their finances over their mobile phones.
FirstCaribbean International Bank is the largest regionally-listed bank in the English and Dutch-speaking Caribbean with branches across 17 markets. The new service is of tremendous value to FirstCaribbean customers as it gives many of them a more convenient way to bank on the go, without needing to visit a branch – something that is of particular importance to many without home Internet connections.
“Our partnership with Sybase 365 allows us to deliver the best possible mobile banking products to our customers throughout the region,” said Mahes Wickramasinghe, Chief Administrative Officer, FirstCaribbean International Bank. “FirstCaribbean is dedicated to offering cutting-edge solutions for our customers, and through our work with Sybase 365 we will be the first regional bank to launch such an innovative service.”
The new mobile banking offering is powered by the Sybase mBanking 365™ platform, giving customers access to multiple banking functions using SMS. FirstCaribbean customers will be able to enjoy this new, free service to conduct bank transactions over their mobile device. Customers will now be able to check account balances, get balance alerts, transfer money, and monitor recent transactions. Additional features will be available in the future.
“This latest partnership with FirstCaribbean Bank furthers Sybase 365’s global footprint as the leading provider of mobile commerce services,” said Matthew Talbot, Vice President, mCommerce, Sybase 365. “Expertise in both software and mobile services combined with unrivalled global reach, gives Sybase a distinct advantage in providing a fully integrated end-to-end mobile commerce solution for financial institutions, mobile operators and enterprises worldwide.”
* Sybase.com: To learn more, visit Sybase 365 at: http://www.sybase.com/mobileservices
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FirstCaribbean International Bank is the largest, regionally-listed bank in the English- and Dutch-speaking Caribbean, serving 550,000 accounts in 17 markets through 3,500 staff; 66 branches, 22 banking centres, and seven offices. The bank offers a full range of market-leading financial services in Corporate Banking, Investment Banking, Treasury Sales and Trading, Retail Banking, Wealth Management, and Credit Cards. FirstCaribbean is a member of the CIBC Group. CIBC (TSX, NYSE: CM) is a leading North American financial institution serving clients in Canada and around the world. Through its distinct business lines, CIBC Retail Markets and CIBC Wholesale Banking, CIBC provides a full range of products and services to almost 11 million individual, small business and commercial banking clients and meets the financial needs of corporate and institutional clients. CIBC is rated A+/Stable/A-1 by Standard & Poor’s. For more information about FirstCaribbean, visit www.firstcaribbeanbank.com.
About Sybase 365
Sybase 365, a subsidiary of Sybase, Inc. (NYSE: SY), is the global leader in enabling mobile information services for mobile operators, financial institutions and enterprises. We provide our customers with the widest offering in SMS, MMS, GRX, IPX interoperability, end-to-end mobile commerce solutions, innovative mCRM, mobile marketing and content delivery services. Sybase 365 processes more than 1.4 billion messages per day, reaching 850 operators and 4 billion subscribers around the world. For more information, visit: www.sybase.com/365. Read our blogs: http://blogs.sybase.com. Sybase on Twitter: @Sybase and @SYBASEmCommerce
Sybase, Sybase 365 and Sybase mBanking 365 are trademarks or registered trademarks of Sybase, Inc. All other company and product names mentioned may be trademarks of the respective companies with which they are associated. ® indicates registration in the United States.
Certain statements in this release concerning Sybase 365 and Sybase, Inc. and their new products, new business relationships, prospects and future growth are forward-looking and involve a number of uncertainties and risks. Factors that could cause actual events or results to differ materially from those suggested by these forward-looking statements include, but are not limited to, the performance of the global economy and growth in sales of mobile carrier services and mobile commerce products and services; market acceptance of the company’s products and services; customer and industry analyst perception of the company and its technology vision and future prospects; the success of certain business combinations engaged in by the company or by competitors; political unrest or acts of war; possible disruptive effects of organizational or personnel changes. These and other risks are detailed from time to time in Sybase’s Securities and Exchange Commission filings, including, but not limited to, its annual report on Form 10-K and its quarterly reports on Form 10-Q (copies of which can be viewed on the Sybase, Inc. website).
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