Startups today have found bank loans to help get them get off the ground have all but dried up. So many now turn to other investors, such as venture capitalists and “incubators” to secure their funding. Sales of company stock represent another option to pursue...
Mobile money platform Monitise has cut its annual revenue growth estimates for the second time, forecasting growth of between 31 and 33 percent, down from earlier projections of 40 and 50 percent earlier in the year. This was enough to cause shares to drop 15...
Mobile-money firm Montise has brought in former Visa executive Elizabeth Buse as co-CEO to run the “day-to-day” corporate operations as well as technology, product, sales and marketing. This will leave current CEO and founder Alastair Lukies to develop external relationship with partners and industry stakeholders and...
Why limit banking alerts to one-way notifications with customers? A new service from Monitise PLC gives customers a chance to communicate back – right away. Monitise today announced the launch of Alerting+, a next generation consumer-alerting and engagement service. Financial institutions using the service can...
Monitise will provide a multi-language mobile point-of-sale (mPOS) to customers of OP-Pohjola Group, a banking group in Finland. The service enables small businesses to conduct mobile transactions, create digital receipts and compile payments data for mobile traffic. Available on both Android and iOS platform, the...
Monitise has launched a Chinese-language version of its Mobile Money platform, the company reported in a December 3 press release. The Hong Kong launch is part of its effort to expand its services into mainland China, according to the company. Monitise CEO Alastair Lukies also...
Monitise announced on Friday its appointment of Visa Europe representative Steve Chambers, who will join the Group’s Board and serve as a Non-Executive Director, according to a company press release. Chambers has an extensive background in the payments sector, and was formerly chief information officer...
In a deal worth about £11.25 million in shares, UK-based mobile money firm Monitise has decided to buy partner First Eastern from their Asia Pacific joint venture, according to a company press release. Approximately three years ago, Monitise united with First Eastern “in a bid...
U.S. Bank and Monitise have announced plans to release a mobile shopping app to make it easier for retailers to help consumers interact with brands and buy items using a mobile device, according to a Monitise press release. This mobile shopping app will allow users...
