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Monitise reports UK FI contract

27 February 2013  |  1311 views  |  0 Source: Monitise

Monitise plc (LSE: MONI) announces that it has partnered with another leading UK financial institution to help develop a series of Mobile Money services as part of a three-year deal.

Monitise Group Chief Commercial Officer Lee Cameron said: "In line with our planned growth, we are delighted to be supporting yet another financial institution in developing bank-grade compelling Mobile Money services. With the Mobile Money landscape fast becoming a battleground for consumer loyalty and share of wallet, we remain convinced that trusted financial services brands belong at the centre of the ecosystem."

In the UK, Monitise already provides Mobile Money services to many of the leading banks and payments companies. Earlier this month, Monitise was named 'Best Technology Supplier 2012' by Royal Bank of Scotland Group.

Beyond its international strategic partnerships with Visa Inc., Visa Europe, RBS and FIS, Monitise works with more than 300 banks and financial institutions around the world and an increasing array of partners positioning to develop and deploy new mobile banking, payments and commerce services.

Other recent partnerships by Monitise include leading technology and financial services companies Cognizant, CGI, on-demand ecommerce provider Venda as well as BlackBerry, via a person-to-person mobile payments launch in Indonesia. 

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