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  • Launch of Mobile Applications Platform
    Thursday, March 25, 2010, Colombo: Synapsys, an IT Services & Solutions company, had its first deployment of the flagship product MBanx mobile banking solution going live. This was marked by the official launch of ‘MBanker’ doorstep banking service by DFCC Vardhana Bank (DVB), which chose MBanx as the mobile applications platform that would drive its mobile services.

    With the use of mobile terminals running MBanx Client Application over GPRS or 3G, DVB’s banking executives will now visit and serve customers in their own environs providing great convenience to the customer, and, at the same time busting queues at bank branches.

    Talking of what’s new in the application platform, "the innovation of MBanx is in the articulation of Synapsys’ business know-how in the Financial Services Industry and its technology, catalyzing strengths of partners such as Microsoft and Motorola, and amalgamation of contemporary communications technology" said Mr. Dinesh Fernandopulle, Chief Executive Officer, Synapsys Ltd. Appreciating value added by partners he said, "I take this opportunity to thank DVB for allowing Synapsys to showcase MBanx, and to Motorola and Microsoft for the support extended in making it the ideal product it is."

    Present version MBanx supports all the basic banking transactions such as withdrawals, deposits and funds transfers. Security features too are in par with any mobile or Internet based offering. Differentiating from comparable products, MBanx also provides a host of well-though-out features required by the back-end business operation.

    With the first version of MBanx in live operation, Synapsys expects to add more modules, functions and features to the product in time to come.