Fronde Anywhere included in recent Javelin Strategy & Research Report.

17 December 2008: Wellington, New Zealand

Fronde Anywhere has been included in a recent report by Javelin Strategy & Research, titled 2008 Mobile Banking Security Standards: Three-Part Strategy Will Increase Consumer Adoption While Protecting Banks’ Assets.

Security concerns are the single biggest factor inhibiting consumer acceptance of mobile banking. These concerns are as much a matter of consumer perception as they are of reality – so getting both right will be key. The volume of attacks on mobile banking systems is negligible in the still-nascent and fragmented market that exists today, but will rise as adoption builds, and in particular, as operating system consolidation and platform standardization increases. With a well-designed security program in place, mobile has inherent safety advantages that make it one of the most protected channels for remote banking. It can be used to improve overall (cross-channel) security via the inherent speed-and-notification advantages of always-on, always-present mobile access. For now, build on the diversity of platforms to maintain confidence that malware isn’t likely to infect consumer devices, but be aware that emergence of standard platforms will erase today’s advantage in the future. Included in this report is a review of the security of mobile banking vendors: ClairMail, CPNI, Firethorn, Fronde, Harland, Jack Henry, mFoundry, M-Com (marketed by Fiserv in the US), Mobile Money Ventures (MMV), Monitise Americas (marketed by Metavante in the U.S.), MShift, Tyfone, and Yodlee.


For more information about the report, and to learn how to purchase, please click here