ClairMail To Present with Wells Fargo, Amazon.com and CTIA at BAI TransPay Conference and Expo

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ClairMail Chairman Joseph Salesky to speak on panel titled "Mobile: Business Cases for Major Actors"

ClairMail

Many banks have rolled out mobile banking and payments solutions, and as consumers continue to reach new levels of comfort with mobile, we have seen some innovative and successful approaches to mobile banking and payments emerge

ClairMail, Inc., the leader in 2-way mobile banking and payment solutions that enable complete control over finances from any mobile phone, today announced that Joseph Salesky, chairman and chief strategy officer of ClairMail, is presenting at the BAI TransPay Conference and Expo, February 23-25 in San Diego, CA, alongside representatives from Wells Fargo, Amazon.com, CTIA and BetterBuyDesign. The panel will discuss the issues around mobile financial services and how financial institutions, consumers and businesses can benefit from mobile banking and payments.

Who:    Joseph Salesky, Chairman & Chief Strategy Officer, ClairMail, Inc.
Howard Gefen, Director, External Payments Services, Amazon.com
Peter Ho, Vice President & Product Manager, Wells Fargo Bank
Mark Desautels, Vice President, Wireless Internet Development, CTIA The Wireless Association
Steve Mott, Principal, BetterBuyDesign - Moderator

When:    Monday, February 23, 2009 at 3:45 pm PT

Where:    BAI TransPay Conference and Expo

What:    Mobile: Business Cases for Major Actors

While the convergence of payments and mobile communications seems inevitable to many, difficult questions remain about everything from secure infrastructure to business models that provide clear benefits to all stakeholders - especially consumers and businesses. For financial institutions, two major questions persist: how mass-market mobile financial services might be funded and how the revenue might be shared among the players in the transaction value chain. Discussions about these and a series of related issues are going on behind closed doors at industry associations and public agencies around the globe. The panel will address key issues such as:

  •     What business models are working today?
  •     How well do these models meet banks' and other players' requirements?
  •     Is the necessary security in place for banks to play?
  •     Are there other issues that constrain the options?

"Many banks have rolled out mobile banking and payments solutions, and as consumers continue to reach new levels of comfort with mobile, we have seen some innovative and successful approaches to mobile banking and payments emerge," said Salesky. "Based on these experiences and future mobile initiatives, this presentation will provide real-world examples of how all of the players in the mobile financial services value-chain can better leverage mobile banking and payments initiatives."

For more information on the BAI TransPay Conference and Expo, visit:
http://www.bai.org/transpay/

About ClairMail
ClairMail is the only comprehensive 2-way mobile solution for banking, payments and card services. Deployed either on-premise or as a managed service, the ClairMail System works on any mobile phone or wireless carrier. ClairMail empowers financial institutions to provide bank customers with complete control over their finances through easy and immediate account management, secure transactions and real-time 2-way Actionable Alerts. Only ClairMail offers a broad range of 2-way Actionable Alerts (e.g. for suspicious account activity, bill payment due, etc.) that enable customers to instantly resolve issues by replying from their mobile phones. Unlike other 1-way, proprietary and inflexible point solutions which lack the application intelligence to generate and deliver 2-way actionable alerts, the ClairMail System is a turnkey, standards-based offering that seamlessly and securely integrates with existing systems, delivers the fastest time to value and provides an alternative to more costly channels like call centers and IVR. Founded in 2004, ClairMail is headquartered in Novato, Calif. The company is privately held and funded by Norwest Venture Partners, Outlook Ventures and JAFCO Ventures. For more information call (415) 884-7270 or http://www.clairmail.com.

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