KUALA LUMPUR, 13 MARCH 2009 -- With the number of mobile users increasing, it is time for a more efficient and secure banking solution, said Malaysian developer SIMER Solutions.
SIMER chief executive officer, Mazlee Md. Ramli, said, “SIMER Financial Solutions, launched at the CeBIT 2009 Exhibition in Hanover, Germany, will allow banks to fully implement mobile banking and other financial services more efficiently and with more security.”
Ramli said that the system was currently being used in Malaysia and other countries. “SIMER mobile technology does not use SMS (short messaging service) or WAP (wireless application protocol)—as used by many current mobile banking applications—but an improved version of USSD (Unstructured Supplementary Service Data) that will enable interactivity of users on mobile similar to the Automatic Teller machines,” he said.
