Monitise Regulatory News (MONI)

27 Nov 2007 14:36

Monitise PLC27 November 2007 Tuesday 27 November 2007 MONITISE AMERICAS LAUNCHES MOBILE FINANCIAL SERVICES Mobile Banking and Payments Platform Now Fully Integrated into NYCE Switch and Live Monitise plc (MONI.L) welcomes the news that Monitise Americas, LLC, the mobilebanking and payments service provider, and Metavante (NYSE: MV), a leadingprovider of banking and payments technology, today announced the launch ofMonitise Americas mobile financial services in the United States. The service,which is fully integrated into the industry leading NYCE Payments Network todeliver a highly secure connection to the nation's leading financialinstitutions, allows financial institutions of all sizes to offer mobilefinancial services to their customers without significant investment in newtechnology. NYCE Payments Network, LLC, is a leading U.S. debit card paymentsnetwork and a subsidiary of Metavante Corporation. Initial launch partners include Harvard Employees Credit Union, North JerseyCommunity Bank, Sutton Bank and Sutton Bank's Greenlink Payment division. Incommon with Monitise Americas model of delivering mobile financial services tofinancial institutions using their existing payments processor relationships,its initial launch partners will use their connections to the NYCE PaymentsNetwork in order to deliver the new service to their customers. Monitise Americas delivers mobile financial services directly to consumers'mobile devices through a highly secure and easily scalable service. It alsodelivers a crucial point of difference between those that simply "re-render"internet banking propositions or limit eligibility to Internet bankers, byproviding a service that is accessible to all customers. "It's unquestionable that there is consumer demand for tools that improve theirability to manage their money and we believe that the mobile banking andpayments market is at the very beginning of the growth curve," said LisaStanton, Executive Vice President of Monitise Americas. "As the financialservices industry becomes more focused on the mobile channel, it will appreciateour ability to provide a proven, trusted and secure gateway that is easy todeploy, low cost and has a clear line of sight to future banking and paymentinnovations." The Monitise Group has successfully deployed its technology in the U.K. with theMONILINK mobile banking and payments network. With an agreement in place withseven of Britain's largest banks and dedicated secure connections into all ofthe country's cellular operators, MONILINK is currently available to over one inthree of all adult U.K. banking customers. "Monitise Americas delivers the mass market, scalable and secure level ofservice that we expect across all of our channels," added Frank D'Angelo, GroupPresident of Metavante Payment Solutions, co-owner of Monitise Americas. "It'sessential that any service we offer is suitable for all customer segments, fromthe smallest community bank to the largest international financial institution.The scalability of Monitise Americas is demonstrated by our launch partners thatinclude Sutton Bank and its loyal regional base of retail and prepaid cardcustomers." Contacts: Monitise Group Tel: 020 7868 5200Duncan McIntyre, ChairmanAlastair Lukies, CEOBen Evetts, Head of Communications Financial Dynamics Tel: 020 7831 3113Harriet KeenHaya Chelhot Monitise AmericasKristina Peterson Tel: + 1 401 749 8012 MetavanteChip Swearngan Tel: + 1 414 357 3688 Notes to Editors: About Monitise Americas Monitise Americas is a joint venture between Metavante Corporation, a leadingprovider of banking and payments technologies to financial institutions andbusinesses worldwide and Monitise plc (MONI.L), a specialist in mobile bankingtechnology. Monitise Americas provides mobile banking and payment services toNorth American financial institutions predicated on an "ecosystem" principle,which allows multiple mobile carriers and financial institutions to deliverservices over a single platform. It has a sister ecosystem in the UnitedKingdom, MONILINK, developed by Monitise plc in partnership with VocaLink.Current partners of MONILINK include: HSBC, first direct, Alliance & Leicester,Royal Bank of Scotland, NatWest, Vodafone, Orange, O2, T-Mobile and Hutchison3G. Metavante Corporation is the principal subsidiary of Metavante Technologies,Inc. (NYSE:MV). For more information on Monitise Americas and details of how to benefit fromparticipating in its cross-America ecosystem please visitwww.monitiseamericas.com About Metavante Metavante Technologies, Inc. (NYSE:MV) is the parent company of MetavanteCorporation. Metavante Corporation delivers banking and payments technologies toover 8,600 financial services firms and businesses worldwide. Metavante productsand services drive account processing for deposit, loan and trust systems,image-based and conventional check processing, electronic funds transfer,consumer healthcare payments, electronic presentment and payment, and businesstransformation services. Metavante (www.metavante.com) is headquartered inMilwaukee. About Monitise Monitise plc (MONI.L) is a specialist in mobile banking technology. It hasdeveloped the world's first mobile banking ecosystem, which allows consumers toperform banking and payment transactions using a single consistent interfaceregardless of their choice of mobile operator or bank. With live services in the UK, where it has delivered the MONILINK platform inpartnership with Vocalink, the company is currently working with internationalpartners to deliver similar safe, secure mobile banking services in territoriesworldwide. Partners include Metavante, Sun Microsystems, BT Global Services,HSBC, first direct, Alliance & Leicester, Royal Bank of Scotland, NatWest,Vodafone, Orange, O2, T-Mobile and Hutchison 3G. This information is provided by RNS The company news service from the London Stock Exchange