Monitise PLC Monitise launches cloud-based API platform
April 16 2015 - 4:12AM
RNS Non-Regulatory
TIDMMONI
Monitise PLC
16 April 2015
Monitise launches cloud-based API platform
Platform enables businesses to integrate Mobile Money solutions
more simply and quickly
16 April, 2015: Mobile Money provider Monitise (LSE: MONI)
announces the launch of its cloud-based platform enabling a
powerful API-based delivery model for a range of digital banking
and payment products. The development of the new platform is an
integral part of the company's focus on growing as a product-led
technology business.
The platform, previously referred to as the company's Central
Platform, provides the underlying enterprise-class technology
through which Monitise products can be made available to existing
and new clients to enhance end-consumer propositions.
The platform's Application Programming Interfaces (APIs) make
deployment and integration of Monitise's latest banking, payment
and commerce products faster, easier and more flexible for clients
and third-party content providers wanting to enhance their existing
banking offerings.
Monitise Chief Operating Officer Mike Dreyer said: "We have
invested in our platform to create smarter, faster and better
access to our current and future suite of products as well as an
ever-growing range of devices. Over the course of the next year, we
expect to see our new cloud-based platform play an increasingly
important role in driving our user numbers and revenue growth. The
platform has been designed to help us deliver digital products
built around consumer needs."
The platform's core capabilities mean that all new products are
delivered with Monitise best-in-class features, including
bank-grade security and authentication, multi-tenancy capabilities,
customer support dashboards and standardised reporting. Monitise
also provides expertise for consumer experience and technology
integration from strategy and design to driving adoption, according
to the individual needs of each client.
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 use Monitise's
technology platforms and services to securely connect people with
their money.
33 million consumers have registered for Monitise's patented
technology to 'bank anywhere', 'pay anyone' and 'buy anything',
accounting for $101bn of payments, purchases and transfers
annually. Additionally, Monitise-designed high-engagement apps
across multiple industry verticals and email subscribers to the
Monitise Content consumer business total more than 49 million. More
information is available at www.monitise.com. For views and
insights from the Monitise team about the world of Mobile Money,
visit www.monitise.com/insights.
Enquiries:
Investor Relations Tel: +44(0)20 3657
Richard Johnson, Haya Herbert-Burns 0366
investorrelations@monitise.com
Media Relations
Gavin Haycock, Anna Howard Tel: +44(0)20 3657
press@monitise.com 0362
Canaccord Genuity
(NOMAD)
Simon Bridges, Cameron Duncan Tel: +44(0)20 7523
8000
Brunswick
Jonathan Glass, Andrew Garfield
Tel: +44(0)207
404 5959
This information is provided by RNS
The company news service from the London Stock Exchange
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