Monitise and HSBC launch Fast Balance

July 5, 2012

HSBC launches Fast Balance for Android and BlackBerry devices

HSBC UK's Fast Balance app is now available for both Android and BlackBerry devices, giving even more HSBC Personal banking customers instant access to their current account balance, direct from their smartphones.

Fast Balance, which launched for the iPhone earlier this year, gives HSBC's UK smartphone customers the ability to view their current account balance and last six transactions. Customers can also top up airtime for up to five mobile phones. The apps for all three mobile devices have been developed by Monitise and HSBC as part of a three-year deal announced in April.

Mike Keyworth, Chief Operating Officer at Monitise, said: "We are committed to helping businesses provide secure, robust and engaging mobile money solutions to their customers. HSBC UK has acknowledged this commitment in selecting us to work with them in the development of Fast Balance, and we are delighted to be supporting them in this project."

About Monitise

Monitise plc (LSE: MONI.L) is a technology and services company delivering mobile banking, payments and commerce solutions worldwide, with the proven expertise to enable financial institutions, network operators and merchants to make money more mobile globally. With live services in the UK, US, India and Africa, Monitise securely processes hundreds of millions of transactions worth billions of dollars each year via its Enterprise technology platform.

Following the acquisition of Clairmail, a California-based mobile banking and payments specialist, Monitise's strategic partner and client base includes financial institutions and payments companies such as Visa Inc. and Visa Europe, FIS, Royal Bank of Scotland, Fifth Third Bank, HSBC, Lloyds Banking Group, Co-operative Banking Group, Sallie Mae, PNC Bank, Frost National Bank, Standard Chartered, Travelex, Permata Bank and HDFC Bank among others. Other leading partners include Vocalink, Vodafone, Orange, O2, T-Mobile, 3 UK, Research In Motion, The Carphone Warehouse, First Eastern, Astra International, JETCO and PCCW mobile.

More information is available at www.monitise.com.

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