8th May 2015 07:00
8 May 2015
IBM and Monitise deliver mobile banking solutions for Société Générale
Société Générale, one of the largest financial services groups in Europe, has announced the launch of a new mobile banking offering, developed with the support of IBM and Monitise (LSE:MONI.L) that it will gradually roll out across Africa.
The Société Générale announcement headlined "Launch of a new pan-African mobile banking offering" can be accessed here: (http://www.societegenerale.com/en/content/launch-new-panafrican-mobile-banking-offering-0?mforce=1).The major European financial institution contract win with a global partner announced by Monitise on 26 February 2015 was in relation to this Monitise Vantage deployment.
About Monitise
Monitise (LSE: MONI) is a world leader in Mobile Money - banking, paying and buying with a mobile device. Leading banks, payments companies, retailers and mobile networks use Monitise's technology platforms and services to securely connect people with their money.
33 million consumers have registered for Monitise's patented technology to 'bank anywhere', 'pay anyone' and 'buy anything', accounting for $101bn of payments, purchases and transfers annually. Additionally, Monitise-designed high-engagement apps across multiple industry verticals and email subscribers to the Monitise Content consumer business total more than 49 million. More information is available at www.monitise.com. For views and insights from the Monitise team about the world of Mobile Money, visit www.monitise.com/insights.
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