26th Nov 2007 12:29
Monitise PLC26 November 2007 26 November, 2007 MONILINK AWARDED INNOVATIVE NEW PRODUCT 2007 UK Mobile Banking Service is Voted Year's Most Innovative Product by Readers of Banking Technology Magazine MONILINK and Monitise are pleased to announce that they have won the MostInnovative New Product category in Banking Technology magazine's inauguralReaders' Choice Awards. Already used by thousands of consumers throughout the UK, MONILINK allows bankcustomers to keep a check on their accounts and 'top-up' pre-paid mobile phonesdirectly from their handset. The service is available with many of the UK'sbanks, including Alliance & Leicester, first direct, HSBC, NatWest, Royal Bankof Scotland and Ulster Bank, as well as all the major UK mobile operators,meaning that over one in three current account holders can now use MONILINK tokeep in touch with their money at all times. The Readers' Choice Awards were created to recognise the fact that financialinstitutions are increasingly turning to independent software providers insearch of solutions to a range of issues that would once have meant an expensivebespoke development. This year, for the first time, Banking Technology's readerswere asked to vote for their choice of what they consider to be the best systemsin a range of categories. Votes were cast through a web-based system. In some categories, the margins werevery tight, while others showed runaway winners almost from the start of voting. "We have been delighted by the response from readers, which exceeded ourexpectations," said David Bannister, editor of Banking Technology. "Thecompanies that won in these categories can be justifiably proud that theirproducts and services are known and recognised in the wider market and Icongratulate all of those whose customers and users went out of their way tocast votes." Alastair Lukies, chief executive of Monitise and MONILINK added: "We've investedfive years, working in partnership with the UK banking industry, to build theworld's first industry platform approach to mobile banking and payments thatmeets the needs of consumers today, whilst also having the scalability to meetthe challenges of tomorrow." Contacts: Monitise Group Tel: 020 7868 5200Duncan McIntyre, ChairmanAlastair Lukies, CEOBen Evetts, Head of Communications Financial Dynamics Tel: 020 7831 3113Harriet KeenHaya Chelhot Notes to editors: About Monitise plc Monitise plc (MONI.L) is a specialist in mobile banking and payments technology.It has developed the world's first mobile banking ecosystem, which allowsconsumers to perform banking and payment transactions using a single consistentinterface regardless of their choice of mobile operator or bank. With live services in the UK, where it has delivered the MONILINK network inpartnership with VocaLink, the company is currently working with internationalpartners to deliver similar safe, secure mobile banking services in territoriesworldwide. Current key partners include VocaLink Interchange Network, Metavante,BT Global Services, T-Systems, HSBC, first direct, Alliance & Leicester, RoyalBank of Scotland, NatWest, Vodafone, Orange, O2, T-Mobile and Hutchison 3G. Monitise was recognised as a 'Technology Pioneer' by the World Economic Forum in2006; 'Mobile Innovation of the Year' by The Banker Magazine in 2007, theInnovation in Messaging award 2007 by the Mobile Messaging Association andInnovative New Product by the European Banking Technology Awards 2007. www.monitise.com This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Monitise