IBM and Ericsson form mobile finances alliance
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IBM and Ericsson have formed an alliance to help financial services companies deliver secure and efficient mobile internet offerings.
The two companies will develop technology that enables high-value, high-volume B2C services such as wealth management, account aggregation, mobile trading, and credit card and payment alerts.
Lars Boman, Ericsson's internet applications president, said: "It will accelerate the uptake of mobile internet for financial services and will drive the development of additional applications and traffic volume for GPRS and 3G in this sector."
In a joint statement, the two companies said the aim is to give a standard, highly-scalable and secure end-to-end infrastructure for implementing services across multiple financial channels.