June 8, 2022
Today we announced a solution enabling calls and texts on personal mobile phones to be automatically captured for recording, enabling banks and financial services firms to avoid hundreds of millions of dollars in fines for compliance violations.
Financial industry regulators are fining top tier banks and financial services firms because employees are doing business on personal mobile phones. US and UK regulations require that communications about financial transactions involving securities are recorded and retained. Tango Networks Mobile-X Extend enables simple capturing and recording of voice and text communications on any smartphone, including personal Bring-Your-Own-Device (BYOD) phones. Now financial services employees can use personal phones for regulated communications without violating recording rules.
Winner of more than 10 best new product awards and covered by more than 90 patents, the Mobile-X platform incorporates breakthrough fixed-mobile convergence technology to empower companies to transform operations, streamline collaboration and boost employee productivity across the board.
Companies use the solutions for work-from-anywhere programs, remote workers and employees working from home, hybrid work programs, distributed workforces, deskless employees, firstline employees, and workers on the go.