Jersey City, NJ -- (SBWIRE) -- 01/21/2011 -- Financial institutions wanting to explore the mobile arena for expanding their reach and services to customers don’t have to wait long to conceptualize, develop, test and deploy a mobile solution. Payoda Inc, New Jersey based rapid mobile application development company has launched its path breaking mobile framework for financial institutions.

A plug and play framework with open adaptors for integrating with any back end core system / middleware, financial institutions can now easily customize, brand & deploy their mobile applications in no time. The framework supports features such as “Bill Pay”, “Remote Deposits”, “Check Balance”, “Transaction History”, “Fund Transfer”, “Personal Finance Manager” and lots more. The framework is also multilingual, hence suiting to the geographic local needs of most financial institutions. With cross platform functionality, the mobile application framework lets financial institutes deploy their mobile banking application on iPhones, Balckberry, Android or Windows platform with minimal effort.

Mr.Anand Purushothoman, CEO & Visionary, commented, “With most financial institutions taking the mobile route, a framework makes it faster for organizations to take their services to the market much quickly. Most institutions have their mobile banking applications developed by vendors from scratch, a framework like ours provides them with options of using existing solutions & if needed add more functionality as and when required. Financial institutions would also have the added benefit of using mobile application software which is time tested and fail proof.”

Mr.K.S.Vishal, Head of Marketing, added,”Sales of Smartphones, such as iPhones, Blackberry handsets & Android based devices, have been projected to touch 250 million worldwide. eCommerce applications & social networking applications for mobile devices would be the trend going further. Financial institutions would definitely look at ways of making the best use of these technologies. Smaller institutions would find mobile application frameworks in their favor as they would cost less and would also ensure quicker go-to-markets.”

Payoda Technologies, headquartered in New Jersey, is an agile outsourcing software development company. Founded in 2005, Payoda serves over 150+ clients globally with its development centre in Coimbatore, India. Paydoa caters to various verticals such as eGovernance, Healthcare, Retail & BFSI with its Enterprise Mobile Application, Custom Product Engineering and Internet Search Marketing services divisions and in-house developed products. A CMM process company, Payoda offers clients industry best practices, processes and also an understanding of technology issues and trends in transforming their business. For more information please visit http://www.payoda.com