(MONI) Monitise
Summary
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| Wed 12:00 | RNS |
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RNS Number : 0292X Monitise PLC 08 February 2012 8 February 2012
Monitise welcomes launch of RBS & NatWest mobile business banking apps
Monitise plc (LSE: MONI), the technology and services company delivering mobile banking, payments and commerce networks worldwide, welcomes the launch of new RBS and NatWest mobile Business Banking Apps that have been developed in partnership with RBS Group Technology Services.
The bank's business customers are able to track and monitor multiple bank accounts (allowing entrepreneurs to view their full account portfolios), check balances, view transactions and make intra-account transfers. A "near me" function provides addresses and opening hours of the nearest RBS or NatWest branch. Regarding the launch, Monitise Group Chief Executive Alastair Lukies said: "We are laying deeper foundations with our partners and clients as they position themselves for an increasingly mobile future and we are excited by the apps that we are helping them bring to market."
In August 2011, Monitise entered a new five-year global strategic agreement with RBS Technology Services to broaden mobile banking and payments services.
The announcement by RBS regarding its Business Banking apps launch for iPad, iPhone and iPod touch can be read below.
About Monitise
Monitise plc (LSE: MONI.L) is a technology and services company delivering mobile banking, payments and commerce networks worldwide with the proven technology and expertise to enable financial institutions and other service providers to offer a wide range of services to their customers in developed and emerging markets.
With live services in the UK, the US, India and Africa, the company is working with international partners to extend trusted and secure mobile banking, payment and commerce services in territories worldwide, including Europe, Asia Pacific and Latin America. Monitise has a global alliance agreement with Visa Inc. and strategic partnerships with Visa Europe, RBS Group and FIS. Other leading partners and clients include HSBC, Lloyds Banking Group, First Direct, U.S. Bank, Standard Chartered Bank, Travelex, Vocalink, Vodafone, Orange, O2, T-Mobile, 3 UK, Research In Motion, Best Buy Europe, The Carphone Warehouse, First Eastern, Astra, JETCO and PCCW mobile.
More information is available at www.monitisegroup.com
Monitise Group Tel: +44 (0) 20 7947 4300 Alastair Lukies, CEO Lee Cameron, CCO Mike Keyworth, COO John Brougham, CFO Gavin Haycock, Communications Director
Canaccord Genuity Limited (NOMAD) Tel: +44 (0) 20 7050 6500 Simon Bridges
FTI Consulting Tel: +44 (0) 20 7831 3113 Charles Palmer Jon Snowball
RBS & NatWest Business Banking App Debuts on the App Store
London - 8 February 2012 - RBS & NatWest are proud to announce their RBS & NatWest Business Banking App for iPad, iPhone and iPod touch is now available on the App Store.
Business customers are able to track and monitor multiple bank accounts (allowing entrepreneurs to view their full account portfolios), check balances, view transactions and make intra-account transfers. A "near me" function provides addresses and opening hours of the nearest RBS or NatWest branch.
It also provides them with 24-hour access to their account information. Security is one of the key drivers of the new app, and customers will have to be registered as online banking users and will have unique pass codes to access their accounts. Ed Hodges, head of mobile, business and commercial banking commented, "Accessibility is a key feature we hear about in customer's feedback. The traditional 9-5 workday is becoming more and more of a rarity and this app provides the customer with account information around the clock. The launch of the app is the latest development in providing our customers with a clear choice of how they manage their relationship with us." The RBS & NatWest Business Banking App is available for free from the App Store on iPad, iPhone and iPod touch or at www.itunes.com/appstore Andy Cameron-Smith RBS Press Office 07796 336292
This information is provided by RNS The company news service from the London Stock Exchange More |
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| Mon 14:00 | RNS |
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RNS Number : 8696W Monitise PLC 06 February 2012 6 February 2012
Appointment of Advisors
This information is provided by RNS The company news service from the London Stock Exchange More |
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| 01-02-12 | RNS |
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RNS Number : 5713W Monitise PLC 01 February 2012 RNS Number: Monitise PLC 1 February 2012
Monitise plc (the "Company")
Total Voting Rights
As at 31 January 2012 the Company's issued share capital consisted of 807,645,445 ordinary shares of 1p each. The Company holds no ordinary shares in Treasury.
The total number of voting rights in the Company is therefore 807,645,445. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FSA's Disclosure and Transparency Rules.
1 February 2012
ENQUIRIES:
Monitise Group Tel: 020 7947 4300 Tom Spurgeon, Company Secretary Gavin Haycock, Communications Director
Evolution Securities Limited (NOMAD) Tel: 020 7957 5717 Garry Levin
Canaccord Genuity Limited Tel: 020 7050 6500 Simon Bridges
FTI Consulting Tel: 020 7831 3113 Charles Palmer Jon Snowball
This information is provided by RNS The company news service from the London Stock Exchange More |
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| 18-01-12 | RNS |
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RNS Number : 7528V Monitise PLC 18 January 2012 18 January 2012
Monitise welcomes Visa Europe announcements on future of payments
Monitise plc (LSE: MONI.L), the technology and services company delivering mobile banking, payments and commerce networks worldwide, notes the announcements released by its strategic partner Visa Europe, predicting that by 2020 over half of all Visa transactions in Europe will be on a mobile device.
"The surge in mobile payments and transactions anticipated by Visa Europe mirrors the trend Monitise is seeing across its business. On a current weekly annualised basis, the value of mobile payments and transfers across the Monitise technology platform is over £6 billion and rising," said Monitise Group Chief Executive Alastair Lukies.
In October 2011, Visa Europe announced a strategic investment of £24.7m in Monitise plc to strengthen the commercial partnership between the two companies which began in February 2011.
The announcements issued by Visa Europe can be found below.
Contacts:
Monitise Group Tel: +44 (0) 20 7947 4300 Alastair Lukies, CEO Lee Cameron, CCO Mike Keyworth, COO John Brougham, CFO Gavin Haycock, Communications Director
Evolution Securities Limited (NOMAD) Tel: +44 (0) 20 7071 4300 Garry Levin Canaccord Genuity Limited Tel: +44 (0) 20 7050 6500 Simon Bridges
FTI Consulting Tel: +44 (0) 20 7831 3113 Charles Palmer Jon Snowball
About Monitise:
Monitise plc (LSE: MONI.L) is a technology and services company delivering mobile banking, payments and commerce networks worldwide with the proven technology and expertise to enable financial institutions and other service providers to offer a wide range of services to their customers in developed and emerging markets. With live services in the UK, the US, India and Africa, the company is working with international partners to extend trusted and secure mobile banking, payment and commerce services in territories worldwide, including Europe, Asia Pacific and Latin America. Monitise has a global alliance agreement with Visa Inc. and strategic partnerships with Visa Europe, RBS Group and FIS. Other leading partners and clients include HSBC, Lloyds Banking Group, First Direct, U.S. Bank, Standard Chartered Bank, Travelex, Vocalink, Vodafone, Orange, O2, T-Mobile, 3 UK, Research In Motion, Best Buy Europe, The Carphone Warehouse, First Eastern, Astra, JETCO and PCCW mobile. More information is available at www.monitisegroup.com.
The Visa Europe announcements can be accessed via the links below; Visa Europe sees double digit growth with €1 in every €7 spent in Europe on a Visa card http://www.visaeurope.com/en/newsroom/news/articles/2012/%E2%82%AC1_in_every_%E2%82%AC7.aspx £1 in £3 in the UK now spent on Visa cards, fuelled by growth in debit and ecommerce spend http://www.visaeurope.com/en/newsroom/news/articles/2012/%C2%A31_in_%C2%A33_in_the_uk.aspx
This information is provided by RNS The company news service from the London Stock Exchange More |
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Try this link to the visa website http://investor.visa.com/phoenix.zhtml?c=215693&p=irol-newsArticle&ID=1658643&highlight= |
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| Wed 23:48 | ||||
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Monitise are forecasting a doubling of revenues FY12 to £30m and then again FY13, profitability is expected as forecasted by the business. I see no reason why this can't continue for the next 3-5 years. The majority of buyers understand that Google wallet, Apple, facebook credits? and many others are fighting over this marketplace and will have a large % of the marketplace eventually
What all the buyers of this stock are banking on is the following 1 The market is fragmented and large enough for a lot of players - it is a crowded sector with everyone pushing their solutions 2 Monitise gets bought out - yes this is likely 3 Buyers will exit when the revenues plateau eventually but not for a 3-5 years Monitise is spending its cash on expansion into new markets with JV's and directly owned businessess. That is where the losses are stemming from. What all buyers/sellers need to remember is that to get into this marketplace you have to link your software/hardware to the banks systems, this will always be a high barrier to entry and takes years to convince the bank to go with a specific supplier. What montise is trying to create or has created is a backbone network connecting as many banks to as many mobiles as possible. The more banks, the more mobiles, the more users, becoming a mobile virtual atm network is the eventual aim here. Competition, there are lots of competitors, as an example visa has signed with google, why would they do that, they are HEDGING their bets!!! They bought FUNDAMO, again hedging their bets. Visa's role is to make sure they are still being used with whatever channel is available which includes monitise but also includes google and other competitors. They have to do this to continue to make themselves relevant. Are buyers naive, no, if you have done your homework and research then your not naive. This is a calculated investment risk that these shares will hit £1 in a 1-2 years, I certainly believe this can be achieved but requires a doubling of revenue for this period. Anyway, do your homework before you post comments |
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| Wed 23:31 | ||||
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Hi All,
Have not noticed this link - http://www.americanbanker.com/issues/177_27/visa-mobile-banking-payments-platform-1046504-1.html and sorry if it has already been highlighted Regards Malasco |
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| Wed 21:42 | ||||
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This just shows how naive buyers are. Visa issuing EMV cards has absolutely nothing to do with what this company does. I can't see who could possible want to buy this company at 40p per share. It is losing money and has completely failed to show that it can grow its revenues dramatically, which is what it needs to do to break even let along ever make any money. This is not a crowded sector at the moment as clearly no one is making money. If they were it is not evident that Monitise has insurmountable advantages over other people wanting to do what they do, which could further depress revenue. Massive growth for Monitise is always around the corner. Surely some people are beginning to lose patience.
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