With this new strategic partnership, CSCU further expands its mobile banking solutions portfolio to include Monitise's Bank Anywhere solution, adding more value to its member cardholder experience. Bank Anywhere offers innovative mobile banking capabilities, which will enable CSCU member credit unions to provide a highly-differentiated mobile experience and drive ongoing member interactions.

"CSCU is committed to providing our credit unions with the leading tools and services that their members need, and that includes offering world-class, 'next generation' mobile banking solutions," said Robert Hackney, president of CSCU. "The Monitise solution will empower our credit unions to benefit from high levels of engagement in order to maintain member loyalty, acquire new members, grow revenue and combat the growing threat of disintermediation."

"Financial institutions are progressively being judged on their technological innovation, and those that fail to differentiate their mobile solutions risk losing market share and revenue opportunities," said Lisa Stanton, President of Americas at Monitise. "We are thrilled to be collaborating with CSCU on delivering the most advanced array of mobile banking capabilities to its extensive network of member credit unions."

More than 350 financial institutions and over 23 million consumers worldwide currently leverage the Monitise solution and its suite of Bank Anywhere, Pay Anyone and Buy Anything products.