Monitise PLC Isbank and Monitise Launch Touch ID App
September 29 2014 - 4:00AM
RNS Non-Regulatory
TIDMMONI
Monitise PLC
29 September 2014
İ bank launches Touch ID for Monitise-powered mobile banking app
'İ Cep'
First bank in Turkey to use fingerprint authentication for
mobile
September 29, 2014: İ bank, Turkey's largest private bank, and
Monitise (LSE: MONI), have integrated Apple's Touch ID fingerprint
authentication into İ Cep, İ bank's mobile banking application. The
new functionality removes the need to type in a PIN, enabling a
quick and easy login without compromising security. This is the
first time Touch ID has been used in Turkish mobile banking.
Touch ID authentication for İ Cep is available on iOS 8 for
Touch ID-enabled phones (iPhone 5S and subsequent models). This
feature means that users simply swipe their fingerprint to log in -
which is verified by comparing it to the fingerprint stored
securely on the device - instead of typing in their PIN.
Mobile Money leader Monitise designed and developed İ Cep, which
has over 1.2 million users - thousands of which use iPhones
compatible with Touch ID authentication. It has been listed among
the best new apps in the App Store.
Hakan Aran, CIO of İ bank, said of the launch: "We're very proud
to be the first bank in Turkey to introduce this new technology to
mobile banking. It speaks to the importance of innovation and the
potential it has to revolutionise the banking experience, and is a
key part of our wider programme to use technology to deliver more
for our customers. I'd also like to thank Monitise and İ Bank's
technology subsidiary SoftTech for their support in launching Touch
ID for İ Cep."
Peter Radcliffe, Monitise President EMEA & Asia Pacific,
added: "Today's consumer values a secure and seamless mobile
banking experience - with the launch of Touch ID technology for İ
Cep, we're getting a glimpse into a future where accessing your
money is a completely frictionless process. We're delighted to have
achieved this as part of our long-standing partnership with İ
Bank."
About İ bank
Türkiye İ Bankası (İ bank) is today the largest bank of the
country in terms of shareholders' equity and total loans and the
largest private bank in terms of total assets and total deposits.
As of the first half of 2014, İ bank's shareholders' equity stands
at TRY 25.9 billion, total assets stand at TRY 219.6 billion and
total loans at TRY 138.8 billion. İ bank has the largest network
among Turkish private banks with its 1,349 domestic and foreign
branches and over 6,000 ATMs that make up the largest ATM network
in Turkey, internet banking, telephone banking and call center İ
bank.
About Monitise
Monitise (LSE: MONI) is a world leader in Mobile Money -
banking, paying and buying with a mobile device. Leading banks,
payments companies, retailers and mobile networks utilise
Monitise's technology platforms and services to securely connect
people with their money.
More than 30 million users have registered for Monitise's
patented technology to 'bank anywhere', 'pay anyone' and 'buy
anything', accounting for $88bn of payments, purchases and
transfers annually. Additionally, apps designed by the Group's
Monitise Create and MEA divisions have been downloaded 30 million
times. More information is available at www.monitise.com.
For further information
Investor Relations Tel: +44(0)20 3657
Andrew Griffin, Haya Herbert-Burns 0366
investorrelations@monitise.com
Media Relations
Gavin Haycock Tel: +44(0)20 3657
Gavin.haycock@monitise.com 0362
Canaccord Genuity
Simon Bridges, Cameron Duncan
Tel: +44(0)20 7523
FTI Consulting 8000
Charles Palmer
Tel: +44(0)20 3727
1000
This information is provided by RNS
The company news service from the London Stock Exchange
END
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