11th Jun 2014 13:51
LONDON (Alliance News) - Mobile payments company Monitise PLC Wednesday said it has launched its mobile banking business, Monitise Create, in North America.
London-headquartered Monitise said the new business will focus on creating mobile technology to help clients such as financial institutions drive deeper engagement with customers from mobile initiatives and to develop their business models.
Monitise also said US Bancorp-owned US Bank is working with the Monitise Create team to help re-design the mobile experience for its credit cards.
Monitise already works with more than 350 financial services companies and other businesses on banking, payments and commerce solutions.
"The relationship between a customer and their bank has been fundamentally changed by mobile," Montise President of the Americas Lisa Stanton said in a statement.
"The growth of our mobile innovation capabilities demonstrates our continued and evolving focus on building end-to-end solutions for our clients and partners that enable them to manage the opportunities for their business models from digital disruption and leverage re-imagined business solutions through mobile as a revenue stream," she added.
Monitise shares quoted down 3.3% at 65.25 pence Wednesday afternoon.
By Anthony Tshibangu; [email protected]; @AnthonyAllNews
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