ClairMail, a Novato, Calif.-based mobile applications provider now offers a mobile banking solution for the iPhone.

The service allows users of the iPhone and other mobile phones to access account management, fund transfers, bill payments, and ATM/branch locators.

According to ClairMail, the app is highly secure and is the only solution provider that can deliver two-way mobile banking and payments functionality on smartphones across messaging, mobile Web and client applications.

"As iPhone use continues to rise, it becomes increasingly important for financial institutions to offer a convenient, secure and easy-to-use mobile banking and payments solution that leverages the rich user interface capabilities of the iPhone," said Joseph Salesky, CEO of ClairMail in a statement.