Sybase subsidiary, Sybase 365 which specializes in mobile messaging and mobile commerce applications has come up with a new release of mobile banking solution for iPhone users. The new application will be offered to financial institutions across the globe over the Sybase mBanking 365 platform.

Sybase says the application offers a turn-key solution to the financial institutions enabling them a quick and easy rollout of mobile banking services.

"It was most efficient for us to turn to Sybase 365 to manage the entire project and deploy all of the technologies," says Chris Causey, Vice President, Internet Banking Department BBVA Compass, one of the early adopters of Sybase’s new solution. "This new service helps BBVA Compass retain and attract new customers, providing another avenue of banking for users beyond visiting branches, calling by phone, or accessing accounts via the Internet."

BBVA Compass customers can now check balances, view posted and pending transactions, transfer funds between accounts, and interact securely with bank representatives, from the their iPhone.

Sybase 365 claims that the unique differentiator of its solution is that it is the only solution which offers built-in global network connectivity by working with 800 mobile operators around the world to ensure customers can always access their banking information and services.

"Mobile banking allows banks and financial institutions the ability to interact with their customers on the one screen they carry with them all day- their mobile device," says Matthew Talbot, vice president, mCommerce for Sybase 365. "For financial institutions, we're a one-stop shop. Sybase 365 provides a wide span of both software and expertise across all elements of mobile banking, and our operator-grade network allows financial institutions the ability to reach 100 percent of their mobile customers anywhere around the world."