STOCKHOLM, Sweden-L.M. Ericsson and IBM Corp. said they will join to help financial services companies deliver mobile Internet offerings that go beyond today’s business-to-consumer services. The companies plan to develop and implement technology that will enable high-value, high-volume B-to-C services such as wealth management, account aggregation, mobile trading, and credit-card and payment alerts.
By combining the wireless telecommunications expertise of Ericsson with the financial services and information technology expertise of IBM, the companies hope to provide financial institutions with a highly scalable and secure standard for wireless communications.