The Chinese bank rolled out this service on July 5.
The wireless banking solution was developed using EdgeMatrix’s Xgate and Cyber On-Air’s Banking On-Air on a Linux-based, Intel-ran platform.
Xgate is a GPRS (General Packet Radio Service) and 3G-ready multi-channel communications server which enables mobile services to be accessed by various devices such as Interactive TV set-top boxes, voice-enabled automobile systems, mobile WAP handsets, Web browsers and public kiosk stations among others.
Banking On-Air is a turnkey wireless Internet application designed for security-critical banking services.
On the two companies' tie-up, founder and CEO of Cyber On-Air Ricky Choi commented that their "vision (is) to 'gel' disparate channels and diverse devices to work in concert, in order to facilitate communications and commerce regardless of time or location".
With the launch of the wireless banking service, Bank of Communications Shanghai customers can now use WAP-enabled mobile phones to perform banking services such as checking and accessing balances, account details, foreign exchange and making fund transfers.