mFoundry and MasterCard announced an agreement to make MasterPass(TM)-connected wallets available to mFoundry's nearly 900 bank customers. By integrating the MasterPass by MasterCard service with mFoundry's mobile banking solutions, millions of consumers could be able to use any payment card or enabled device to discover enhanced shopping experiences that are as simple as a click, tap or touch -- online, in-store or anywhere. MasterPass is the evolution of PayPass Wallet Services which was announced in Spring of 2012 and has been in a production trial with select merchants and issuers. mFoundry will create a digital wallet service using the MasterPass APIs to provide its customers with a MasterPass-connected wallet as part of its mobile banking platform. mFoundry's solution will deliver a truly integrated mobile banking and payment solution to the market. The service will be available to mFoundry's customer banks in early 2014 with pilots expected to launch in 2013.

Wausau Financial Systems, Inc., and mFoundry, Inc. partner to blend mobile banking and mobile remote deposit capture technology into a single solution for financial institutions. The partnership pairs mFoundry's mobile banking and mobile payments solutions with WAUSAU's Deposit 24/7 Mobile functionality, which offers mobile RDC, a feature that allows consumers and businesses to cash checks via smartphones, to create a holistic mobile banking offering for customers. Consumer widespread adoption of mobile banking and the trend towards mobile RDC has been celebrated far and wide, but the consolidation of the mobile platforms is on the verge of a breakout. In its fall of 2011 survey of 164 financial institutions, Celent confirms that -- driven by customer demand more than half of respondents plan to offer mobile RDC as part of an integrated mobile banking platform within the next two years.

mFoundry, Inc. announced a next-generation mobile banking platform that offers banks and credit unions unique ways to capitalize on the explosive growth of mobile banking services. A hosted, cloud-based solution, mFoundry's Fin.X enables financial institutions to deliver significantly more mobile banking features to smartphones and tablets through an advanced extensible architecture. At the same time, Fin.X also offers a newly created, best-in-class Service Provider Network of 30 companies, including FIS, Diebold, Dwolla, Blackhawk Network, and Micronotes. By adopting mFoundry Fin.X, financial institutions can provide consumers with a comprehensive, flexible mobile banking experience that delivers the industry's widest choice of services, including remote deposit capture, peer-to-peer money transfer, account funding, mortgage rate checks, auto insurance quotes, account opening, gift card issuance, merchant funded offers, and retail bar-code scanning, among other features.