Pyxis Mobile, a provider of wireless applications for the financial services industry, has created a new platform to let banks provide their customers with all the functions of traditional banking and personal investment from a mobile device.

Based on the Pyxis Mobile platform, already in use by over 90 customers including New York Life Investment, Sun Life Financial and Oppenheimer Funds, the mobile banking platform is designed to offer secure access to critical data both in and out of wireless coverage.

"The release of Pyxis Mobile's wireless Retail Banking application demonstrates our insight into the specific needs of the banking industry and the industry's customers, and provides them with the tools necessary to increase their customers' productivity, reduce customer attrition, and ultimately grow their base of satisfied, tech-savvy customers," said Shane Hughes, president/CEO of Pyxis Mobile, Waltham, MA in a statement.

With the Pyxis Mobile Retail Banking Mobile Application, banking customers in or out of wireless coverage can access all accounts, transfer funds and manage payments, and view personal financial reports.

Customers can also manage personal investments held by or purchased through the bank and gain access to real-time market data and news.

The new application for retail banking is part of the Pyxis' Banking Mobility Platform (BMP), a secure infrastructure to support mobile access to traditional banking functions.

The BMP provides banks with a platform for secure, multiple-data source mobility, along with a collection of mobile user interface and third-party data aggregation options.