Published:
Monitise Americas Announces 23 New Partnerships with Financial Institutions and Allows Consumers to Pay Bills On the Go
PROVIDENCE, R.I., Nov. 17 /PRNewswire/ -- Monitise Americas, LLC, a
leading mobile banking and payments provider, today announced that 23
additional financial institutions have signed agreements with Metavante to
provide mobile services to their customers and members. These new agreements
add to the growing list of financial institutions that have chosen the
Monitise Americas solution for their mobile needs. Metavante (NYSE: MV) is a
leading provider of banking and payments technology.
The signing of these agreements comes on the heels of announcements of
partnerships with Corporate Network eComm and Everlink, Monitise Americas'
partner inCanada.
Monitise Americas has included bill payment capabilities to its latest
upgrade, and its mobile banking and payments technology is now available on
over 200 different handsets, including BlackBerry models. Furthermore, its
service is also available on three of the top four wireless carriers, casting
the widest net in the industry.
"Mobile banking is in an explosive period of growth right now and we are
seeing a dramatic increase in demand by consumers who want on-the-go access to
their bank accounts," said Lisa Stanton, CEO, Monitise Americas. "Whether
you're traveling for business and trying to manage your expenses or just away
from your home computer and need to pay a bill, it's clear that mobile
financial services is becoming a must-have application."
The Monitise Americas' mobile money service is available as a downloadable
application on JAVA or BREW and as SMS, allowing consumers to tailor the
application whether they're using a smartphone or standard handset. In
addition to bill pay, Monitise Americas' current product line includes balance
inquiries, funds transfers, mini-statements and text message alerts. By
leveraging the ATM switch network, Monitise Americas gives consumers the
confidence that their mobile transactions are as secure and convenient as
using an ATM.
"We pride ourselves on making mobile banking available to the most
consumers nationwide by partnering with most of the top wireless carriers,"
said Jeff McLaughlin, Executive Vice President of Mobile Strategy, Monitise
Americas. "Our service is available on over 200 handsets and with this
coverage, we continue to lead the space."
The future of mobile banking holds many exciting opportunities such as
person to person payments and 'beep and pay' near field communications
payments (NFC). These technology enhancements will further drive consumer
adoption rates and help people better access and manage their finances.
About Monitise Americas
Monitise Americas is a joint venture between Metavante Corporation, a
leading provider of banking and payments technologies to financial
institutions and businesses worldwide and Monitise plc (MONI.L), a specialist
in mobile banking technology. Monitise Americas provides mobile banking and
payment services to North American financial institutions predicated on an
"ecosystem" principle, which allows multiple mobile carriers and financial
institutions to deliver services over a single platform. It has a sister
ecosystem in theUnited Kingdom, MONILINK, developed by Monitise plc in
partnership with VocaLink. Current partners of MONILINK include: first direct,
Alliance & Leicester, Royal Bank ofScotland, NatWest, Vodafone, Orange, O2,
T-Mobile and Hutchison 3G.
For more information on Monitise Americas and details of how to benefit
from participating in its cross-America ecosystem, please visit
http://www.monitise.com and http://www.monitiseamericas.com.
SOURCE Monitise Americas, LLC
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