VeriSign Messaging and Mobile Media, a division of VeriSign announced that its mobile banking solution received the 2009 Award for Best Mobile Banking Solution in North America from Frost & Sullivan.

The Award is presented judging solutions on combination of factors such as product performance and industry advancement within the Mobile and Wireless industry. 

“VeriSign is a key enabler in the mobile financial services markets and a deserving recipient of this year’s award for Mobile Banking Solution of the Year,” said Vikrant Gandhi, Frost & Sullivan industry analyst.  “The company’s visionary approach and strong understanding of the key expectations of the value chain participants such as financial institutions, mobile operators and consumers is evident in its deployment strategy, and we expect VeriSign to maintain the growth through continuous innovation and operational excellence.” 

“We are honored to be recognized by Frost & Sullivan as the Mobile Banking Solution of the Year, as this award validates our continuous efforts toward providing industry leading mobile messaging solutions to financial institutions,” said Charles Landry, vice president and general manager, products and innovation for VeriSign’s Messaging and Mobile Media division.  “As consumers are relying more on their mobile devices, there is huge momentum behind mobile banking with an increasing number of financial institutions using these types of services as a competitive differentiator. Frost & Sullivan’s selection of VeriSign clearly demonstrates that we have the best offering in this growing category.”