Starting next fall, members of the Desjardins caisses will be able to use wireless technology to check their account balances, make bill payments, funds transfers and line of credit payments from their cellular phones at any place and time. With this new
initiative, it will even be possible for members to view the most recent
transactions on their accounts and see other financial information, such as a
display of current interest rates.
The Mouvement des caisses Desjardins and its partner, Wysdom Inc., a
leader in wireless technologies, made this announcement today during a seminar
entitled “Tendances, impacts et defis de l’Internet sans fil” (Mobile
Internet’s Trends, Impacts and Challenges) presented in Montreal by the
Institut international des telecommunications (the International
Earlier this year Bell Canada, one of Desjardins’ long-time partners,
signed a strategic alliance in the area of telecommunications through which
Bell Mobility subscribers will become the first ones to use the new
“The wireless technology to be implemented by Desjardins is one of the
best to handle financial transactions,” said Mr. Eric Lemieux, Vice-President
Electronic Access and Payments at Desjardins. “Wysdom’s technology, along
with its vast experience in the field of wireless financial services, will
enable us to provide optimal service to our members,” he added.
“Through this ground-breaking innovation, Desjardins will occupy the
leading position in the field of wireless financial transactions in Quebec,”
said Mr. Kashif Hassan, co-founder and Chief Executive Officer at Wysdom Inc.
“With Wysdom’s technology, Desjardins is offering its members higher
efficiency and a more competitive advantages for their financial
transactions,” he added.
Wysdom is a wireless software and infrastructure company that enables its
customers to offer comprehensive, user-centric mobile products and services.
Wysdom licenses its Mobyle Application Platform(TM) (MAP) to enterprises,
e-businesses and carriers allowing them to deploy applications that empower
users to manage information, commerce and communications on any device.
Wysdom has operations in Montreal, Toronto, Boston, San Jose, and Belgium,
employing more than 200 people worldwide. For more information, please visit
With total assets of $80 billion and more than 36,000 employees, the
Mouvement des caisses Desjardins is the top financial institution and the
largest private employer in Quebec. It is the only one to offer, through its
network of caisses located throughout Quebec, a complete range of financial
products and services. Desjardins is a Quebec leader in terms of e-commerce.
With more than 1,500,000 visits per month, http//www.desjardins.com is the
most highly frequented financial site in Quebec and second in Canada. The
Mouvement Desjardins’ mission is to contribute to the economic and social well
being of individuals and communities.