MONI Monitise

 

TIDMMONI 
 
 
Monitise PLC 
06 April 2009 
 
? 
 
 
 
 
6 April 2009 
 
 
NYCE EXTENDS ATM NETWORK TO MOBILE PHONES 
WITH TEXT MESSAGE BALANCE INQUIRIES 
 
 
NYCE participants will pay no additional fees for mobilization of balance 
inquiries 
 
 
Monitise plc (MONI.L) welcomes the news that NYCE today announced that it now 
offers balance inquiries by text message to its financial institution 
participants as a standard feature of full participation in the NYCE Network. 
NYCE Payments Network, LLC, is a leading U.S. electronic payments network and a 
Metavante (NYSE:MV) company. Metavante Corporation is a leading provider of 
banking and payments technology. 
The basic text message transactions will be an extension of the balance inquiry 
functionality commonly available at NYCE Network ATMs, with no additional fees 
for mobilization. The new service, powered by Monitise Americas, will allow 
consumers to use text messaging to request and receive real-time balance 
information on their primary accounts. Text message balance inquiries will work 
for virtually all mobile phone users regardless of their mobile carrier or the 
type of handset they use. 
"Text message balance inquiries further extend the reach of our nationwide ATM 
network directly into the pockets of the country's mobile phone users," said 
Steve Rathgaber, NYCE president and chief operating officer. "With mobile 
financial services quickly becoming mainstream, NYCE believes that consumers 
will soon expect the ability to access their demand deposit accounts using their 
mobile phones - in much the same way they expect that access through an ATM 
today. As a network provider, we deliver better customer satisfaction for our 
financial institution clients by making sure they can easily adapt to the ways 
consumers want to access their accounts." 
In a recent survey of North American consumers, commissioned by Monitise 
Americas and conducted by MaCorr Research1, more than three-fourths of the total 
respondents said it was important for them to have real-time information 
regarding their accounts. Of those who said they would like to use their mobile 
phones for financial services, more than 90 percent stated that they are 
interested in basic informational capabilities such as checking their account 
balances on the go. 
NYCE's mobile services are fully integrated with the network's infrastructure, 
leveraging existing NYCE services such as settlement and reporting. This 
approach simplifies the provider relationship and allows institutions of all 
sizes to offer mobile to their customers without significant investment in new 
technology infrastructure. 
Alastair Lukies, chief executive, Monitise plc commented: "This is another 
landmark in the evolution of mobile money across North America. By ensuring that 
mobile banking services come 'as standard', NYCE, using the Monitise Americas 
platform, will enable tens of millions of Americans to be able to manage their 
money anytime they choose using their mobile phone." 
Enquiries 
+------------------------------------+-----------------------------------+ 
| Contacts:                          |                                   | 
+------------------------------------+-----------------------------------+ 
| Monitise Group                     |                                   | 
+------------------------------------+-----------------------------------+ 
| Ben Evetts, Head of Communications | Tel: 020 7868 5200                | 
+------------------------------------+-----------------------------------+ 
| Tom Spurgeon, Chief Financial      |                                   | 
| Officer                            |                                   | 
+------------------------------------+-----------------------------------+ 
|                                    |                                   | 
+------------------------------------+-----------------------------------+ 
| Financial Dynamics                 |                                   | 
+------------------------------------+-----------------------------------+ 
| Juliet Clarke                      | Tel: 020 7831 3113                | 
+------------------------------------+-----------------------------------+ 
| Haya Chelhot                       |                                   | 
+------------------------------------+-----------------------------------+ 
| Erwan Gouraud                      |                                   | 
+------------------------------------+-----------------------------------+ 
|                                    |                                   | 
+------------------------------------+-----------------------------------+ 
 
 
About NYCE 
NYCE Payments Network, LLC, a Metavante company, helps its clients grow with 
innovative new products and strategic alliances that enable them to capitalize 
on the efficiency, consumer convenience and security of electronic real-time 
payments. The NYCE Network provides consumers with secure, real-time access to 
their money, offering hundreds of thousands of ATM locations and millions of 
point-of-sale locations nationwide. The NYCE Direct Bill Payment service offers 
cardholders a convenient way to pay bills online in real-time via their bank 
accounts. NYCE Balance Transfer services drive asset growth for consumer credit 
issuers 
through automated balance transfer/consolidation payment services. Headquartered 
in Secaucus, N.J., NYCE Payments Network, LLC, (www.nyce.net) is a wholly owned 
subsidiary of Metavante (NYSE:MV). 
Monitise Americas is a joint venture between Metavante Corporation, a leading 
provider of banking and payments technologies to financial institutions and 
businesses worldwide and Monitise plc (MONI.L), a specialist in mobile banking 
technology. 
About Monitise Americas 
Monitise Americas is a joint venture between Metavante Corporation, a leading 
provider of banking and payments technologies to financial institutions and 
businesses worldwide and Monitise plc (MONI.L), a specialist in mobile banking 
technology. Monitise Americas provides mobile banking and payment services to 
North American financial institutions predicated on an "ecosystem" principle, 
which allows multiple mobile carriers and financial institutions to deliver 
services over a single platform. It has a sister ecosystem in the United 
Kingdom, MONILINK, developed by Monitise plc in partnership with VocaLink. 
Current partners of MONILINK include: first direct, Alliance & Leicester, Royal 
Bank of Scotland, NatWest, Vodafone, Orange, O2, T-Mobile and Hutchison 3G. 
For more information on Monitise Americas and details of how to benefit from 
participating in its cross-America ecosystem, please visit www.monitise.com and 
www.monitiseamericas.com. 
About Monitise plc 
Monitise plc (MONI.L), the mobile money people, has created the world's first 
mobile banking networks, which allow customers of multiple banks and mobile 
operators to perform banking and payment transactions directly from their mobile 
handset. 
With live services in the UK and the USA, where it has delivered the MONILINK 
and Monitise networks in partnership with VocaLink and Metavante Corporation 
respectively, the Company is currently working with international partners to 
deliver similar safe, secure mobile banking & payment services in territories 
worldwide. 
Current key partners include VocaLink, Metavante, HSBC, Lloyds TSB, first 
direct, Alliance & Leicester, Royal Bank of Scotland, NatWest, Vodafone, Orange, 
O2, T-Mobile and Hutchison 3G. 
www.monitisegroup.com 
 
 
1"North American Consumer Research," by MaCorr Research. Published by Monitise 
Americas, January 2009. 
Metavante and NYCE are registered trademarks of Metavante Corporation, which is 
the principal subsidiary of Metavante Technologies, Inc. 
### 
 
 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
 NRABDGDSBXGGGCL 
 

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