Machine Learning Authors: Zakia Bouachraoui, Liz McMillan, Roger Strukhoff, Pat Romanski, Carmen Gonzalez

News Feed Item

Monitise Americas Brings Mobile Money to Android Phones

A cutting-edge mobile banking application for Google Android phones is to be launched by Monitise Americas, the leading mobile banking and payments provider.

Monitise’s Mobile Money Android app will soon be available as a free download from the ‘Android Market’ and will be compatible with all Android devices.

Neil Sentance, vice president wireless business development at Monitise, said, “Android is going to be big, and we will look to capitalize on its excellent customer experience capabilities, such as social networking. Soon, when Android owners are chatting to a friend on Facebook, for example, they might use their mobile to send them the money they owe from a night out.”

Monitise’s full range of account management, payment and commerce services will be available on the new Android app.

Alastair Lukies, chief executive, Monitise, said, “We are seeing a sharp rise in the use of mobile banking services globally as consumers take even more personal interest in and ownership of their money management.”

“Combine this with the fantastic user experience that new devices like Android phones provide, and we are seeing the inevitable step change in the mobile banking and payments landscape.”

The Monitise Android app will be powered by Monitise’s secure Mobile Money Manager platform. This has already been chosen by over 200 financial institutions in the UK and US to provide mobile banking and payments services to their millions of customers across over 2000 different handsets. The bank grade security and use of existing banking infrastructures inherent in the platform means that customers can use Monitise mobile applications from their bank with confidence.

About Monitise Americas

Monitise Americas is a joint venture between FIS, one of the world's largest providers of banking and payments technology to financial institutions and businesses worldwide, and Monitise plc (MONI.L), a specialist in mobile banking and payments 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. Current partners of Monitise Americas include FIS, NYCE, Everlink, Corporate Network eCom, and eCommLink. For more information on Monitise Americas and details of how to benefit from participating in its cross-America ecosystem, please visit www.monitiseamericas.com.

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

CloudEXPO Stories
The platform combines the strengths of Singtel's extensive, intelligent network capabilities with Microsoft's cloud expertise to create a unique solution that sets new standards for IoT applications," said Mr Diomedes Kastanis, Head of IoT at Singtel. "Our solution provides speed, transparency and flexibility, paving the way for a more pervasive use of IoT to accelerate enterprises' digitalisation efforts. AI-powered intelligent connectivity over Microsoft Azure will be the fastest connected path for IoT innovators to scale globally, and the smartest path to cross-device synergy in an instrumented, connected world.
There are many examples of disruption in consumer space – Uber disrupting the cab industry, Airbnb disrupting the hospitality industry and so on; but have you wondered who is disrupting support and operations? AISERA helps make businesses and customers successful by offering consumer-like user experience for support and operations. We have built the world’s first AI-driven IT / HR / Cloud / Customer Support and Operations solution.
ScaleMP is presenting at CloudEXPO 2019, held June 24-26 in Santa Clara, and we’d love to see you there. At the conference, we’ll demonstrate how ScaleMP is solving one of the most vexing challenges for cloud — memory cost and limit of scale — and how our innovative vSMP MemoryONE solution provides affordable larger server memory for the private and public cloud. Please visit us at Booth No. 519 to connect with our experts and learn more about vSMP MemoryONE and how it is already serving some of the world’s largest data centers. Click here to schedule a meeting with our experts and executives.
Darktrace is the world's leading AI company for cyber security. Created by mathematicians from the University of Cambridge, Darktrace's Enterprise Immune System is the first non-consumer application of machine learning to work at scale, across all network types, from physical, virtualized, and cloud, through to IoT and industrial control systems. Installed as a self-configuring cyber defense platform, Darktrace continuously learns what is ‘normal' for all devices and users, updating its understanding as the environment changes.
Codete accelerates their clients growth through technological expertise and experience. Codite team works with organizations to meet the challenges that digitalization presents. Their clients include digital start-ups as well as established enterprises in the IT industry. To stay competitive in a highly innovative IT industry, strong R&D departments and bold spin-off initiatives is a must. Codete Data Science and Software Architects teams help corporate clients to stay up to date with the modern business digitalization solutions. Achieve up to 50% early-stage technological process development cost cutdown with science and R&D-driven investment strategy with Codete's support.