Pendum

BMO Bank of Montreal and Monitise PLC have formed an alliance to develop new mobile money services. Under the agreement, Monitise will provide BMO a technology platform for mobile banking, m-payment and m-commerce services.

Andrew Irvine, senior vice president, BMO Bank of Montreal said that a growing mobile money opportunity presented the bank with a new opportunity to serve customers. "We are extremely pleased with the response we've seen to our mobile banking and payments services so far and, with the support of Monitise and its technology platform, we look forward to delivering more innovative solutions across this space and beyond," he said. 

Monitise will work with BMO across its smartphone applications, mobile web offerings and SMS services, adding convenience for new and existing customers, said an announcement from Monitise.

"As cash becomes increasingly digitized, we are committed to providing integrated, strategic Mobile Money solutions to financial institutions," said Frank D'Angelo, president of Monitise Americas. "The Monitise Enterprise Platform is central to this approach."

Monitise's Enterprise Platform has been developed to deliver bank-grade integrated and scalable mobile money solutions that function with all mobile devices.

For more on this topic, visit the mobile banking research center.

Related Content

User Comments – Give us your opinion!
Products & Services

NCR Cash Dispense ATMs

http://global.networldalliance.com/new/images/products/5005.png

5005/NCR-Cash-Dispense-ATMs

ATM Transaction Processing - Merchants

http://global.networldalliance.com/new/images/products/5945.png

5945/ATM-Transaction-Processing-Merchants

KAL Banking/ Financial Solutions

http://global.networldalliance.com/new/images/products/KAL_Logo_SF100.gif

840/KAL-Banking-Financial-Solutions

Repair Center

http://global.networldalliance.com/new/images/products/4105.png

4105/Repair-Center

Multi-Brand ATM Parts

http://global.networldalliance.com/new/images/products/Closeout_Parts_100.gif

1171/Multi-Brand-ATM-Parts

ATM Anti-Theft Kit

http://global.networldalliance.com/new/images/products/4053.png

4053/ATM-Anti-Theft-Kit

Network & Asset Management

http://global.networldalliance.com/new/images/products/Phoenix_NAM.jpg

809/Network-Asset-Management

EMV and Payments Online Training Classes from Paragon Application …

http://global.networldalliance.com/new/images/products/6533.png

6533/EMV-and-Payments-Online-Training-Classes-from-Paragon-Application-Systems

Full-function island ATM

http://global.networldalliance.com/new/images/products/6919.png

6919/Full-function-island-ATM

Webway Terminal

http://global.networldalliance.com/new/images/products/Itautec_WebWay.gif

738/Webway-Terminal

NCR
Media Kit
Request Information From Suppliers
Save time looking for suppliers. Complete this form to submit a Request for Information to our entire network of partners.