For financial institutions (FIs), the stress on revenue resources has recently intensified due to increased competition for deposits, higher costs to service customers and heightened government scrutiny on fee income, all of which threaten to reduce overall profits. As a result, FIs are facing mounting pressure to both protect their existing revenue streams and to uncover new sources of revenue.
One answer is to extend payments—a revenue source that is already very familiar to FIs— to the mobile channel. Mobile payments offer tremendous revenue potential for FIs. The number of mobile payment users will reach more than 190 million in 2012, representing more than three percent of total mobile users worldwide and attaining a level at which it will be considered "mainstream."
The ClairMail solution is a comprehensive suite of mobile banking and payments applications built on a flexible, enterprise-ready mobile platform that seamlessly integrates with any FI back-end system through its unique Mobile Connectivity Architecture (MCA).
ClairMail's intelligent mobile banking and payments solution is:

"With the increasing adoption of smarter mobile devices, consumers are looking at the mobile channel to move money and take more control of their finances through richer engagement with their financial institution. By teaming with ClairMail, we are able to broaden the scope of our reach and increase usage of person-to-person (P2P) payments by integrating across its deep customer network."Neil Platt
Driving New Revenue from the Mobile Channel
Webinar presentation with BB&T, ClairMail and Javelin Strategy.