NEWS FROM BAI: ClairMail, Visa in Development and Deployment Agreement

ClairMail, the mobile banking and payment solutions company, signed a development and deployment agreement with Visa that allows ClairMail to integrate Visa mobile services into the mobile banking and payments infrastructure that ClairMail provides to financial institutions.

ClairMail bank customers who are also Visa clients can take advantage of Visa's mobile services by adding them to an existing mobile banking deployment and creating a more comprehensive mobile banking offering. Visa mobile services include applications that support mobile payments, tailored merchant offers, and near-real time transaction alerts and notifications.

The agreement adds new functionality to ClairMail's mobile banking and payments platform, and expands the value of ClairMail services to its bank customers. In addition to SMS, e-mail, mobile web and smart client applications, the ClairMail mobile banking platform delivers personalized alerting capabilities to allow uses to conduct transactions and respond to account activity in the mobile channel.