Monitise Americas Announces 23 New Partnerships with Financial Institutions and Allows Consumers to Pay Bills On the Go

PROVIDENCE, R.I., Nov. 17 (AllPayNews.com) -- 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 in Canada.

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 the United Kingdom, MONILINK, developed by Monitise plc in partnership with VocaLink. Current partners of MONILINK include: first direct, Alliance & Leicester, Royal Bank of Scotland, 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 [1] and http://www.monitiseamericas.com [2].

SOURCE Monitise Americas, LLC