|By Marketwired .||
|February 25, 2013 11:31 AM EST||
SAN RAFAEL, CA -- (Marketwire) -- 02/25/13 -- Monitise plc (LSE: MONI), the leading technology and services company delivering mobile banking, payments and commerce networks worldwide, is speaking at Mobile World Congress (MWC) 2013 in Barcelona, having tripled the value of payments and transfers over its technology platform, live transactions and registered users in the last year, reaching an all-time high for the company in each category.
The value of payments and transfers initiated via the Monitise Enterprise Platform is now more than $31bn on an annualized basis, compared with $10bn a year ago. The global Mobile Money business is handling 2bn transactions on an annualized basis, compared with 0.48bn in February 2012, underpinned by registered customers climbing to 20m from 6m in January 2012. North America is a significant market for Monitise with 10m direct registered end users.
Commenting on the uplift in payments and transfers managed by the Monitise Enterprise Platform and growing customer base, Monitise Group Chief Executive Alastair Lukies said: "Our growth over the past year is a clear indicator of the value we deliver for our clients and their customers. We're deeply committed to delivering Mobile Money solutions that translate into customer acquisition and retention, reduced costs and new revenue opportunities for banks in the US, Europe and around the world."
Monitise is joining Visa Inc. in a press briefing and partner panel discussion at MWC to showcase the next generation of mobile payments technology being developed by the world's largest consumer payments network and its partners. Visa, in collaboration with partners such as Monitise, is making Mobile Money a reality for consumers around the world, transforming the way people, bank, pay and buy.
During MWC on February 25-28, Visa will unveil the latest mobile payments and services at its exhibition stand in hall 6, stand 6E40 with a press briefing and panel event on Monday, February 25 to announce new Visa mobile initiatives. The panel is being moderated by Bill Gajda, Head of Global Mobile Products for Visa Inc. and includes Jim McCarthy, Global Head of Product, Visa Inc. Joining them will be Lisa Stanton, EVP Payments, Monitise.
"As our business continues to build its momentum, we're delighted to be joining Visa in Barcelona at Mobile World Congress to discuss the role mobile is playing in shaping the future of payments. We know from our experiences with Visa and other leading businesses around the world how important mobile technology is to helping financial institutions and payment processors provide new payment solutions via mobile as money becomes increasingly digitized," said Stanton.
She added: "Visa is a benchmark brand for trusted payments innovation globally and we are honoured to be playing our part in delivering its mobile technology roadmap and creating new ways for consumers around the world to pay anyone and buy anything via their mobile."
Monitise and Visa Inc. have been working together since 2009. Monitise's expertise in customizing mobile applications across a broad range of phone models and operating systems enables Visa to virtualize its existing accounts on mobile phones and offer Visa account holders globally a new array of payment types.
Innovations that Monitise is delivering as it supports Visa's mobile strategies in terms of acquiring new accounts, activating existing accounts, protecting core revenue and accelerating the move towards digital payments include:
- Ongoing functionality enhancements to the Visa DPS Mobile Card Management Services that launched last year, for prepaid and debit issuers. DPS debit and prepaid issuers continue to adopt the specialized service, laying the foundations for mobile payments and mobile commerce solutions. Monitise developed and operates the service for DPS, the largest issuer processor of Visa transactions in the US.
- Developing a Remote Payments Platform to bring innovative mobile payments capabilities to hybrid markets around the world. The platform technology has launched under the Movida brand in India, the second-largest mobile market in the world with more than 900m mobile subscriptions. Movida is a joint venture between Visa Inc. and Monitise, and allows registered customers to top up their mobile phones, pay bills, and purchase tickets, all via a ubiquitous user interface that works with virtually every mobile phone in the marketplace.
- Collaboration on Visa PayWave, Visa's contactless payments application, in conjunction with the recently announced "Visa Ready Partner Program", which is available to Visa issuers globally to enable their entry and evolution of card payments to mobile payments. The solution, which has been customized for the most popular smartphones in the market, has been integrated into Visa's trusted manager service.
- V.me, Visa's new wallet service which has been designed to take the friction out of commerce, regardless of where consumers shop. Monitise is supporting Visa's product development of V.me by creating the mobile wallet for smartphones that extends their ecommerce acceptance to mobile devices.
Beyond a long-standing relationship with both Visa Inc. and Visa Europe, Monitise works with more than 300 banks and financial institutions and an increasing array of partners positioning to adopt new mobile banking, payments and commerce services. Monitise has also recently entered a series of new partnerships with businesses such as Cognizant, CGI and on-demand ecommerce provider Venda.
Notes to Editors:
The Visa press briefing and panel event can be accessed through the following link: http://livestre.am/1hLDm.
Members of the press interested in arranging Monitise executive interviews, please contact Gavin Haycock +44 (0) 20 3657 0362: [email protected]
Monitise plc (LSE: MONI) is a leading technology and services company that delivers mobile banking, payments, and commerce networks worldwide. Monitise enables financial institutions and other payment companies to defend and extend their market position by protecting their existing customer relationships and transactions while enabling new forms of mobile commerce revenue.
Monitise powers bank-grade solutions that are delivered on premise, or via cloud services. The value of payments and transfers initiated via Monitise's platform technology is more than US$31bn on an annualised basis. Monitise has a global reach and unique set of partners and clients using its completely adaptable Monitise Enterprise Platform. More information is available at www.monitise.com
Akana has announced the availability of the new Akana Healthcare Solution. The API-driven solution helps healthcare organizations accelerate their transition to being secure, digitally interoperable businesses. It leverages the Health Level Seven International Fast Healthcare Interoperability Resources (HL7 FHIR) standard to enable broader business use of medical data. Akana developed the Healthcare Solution in response to healthcare businesses that want to increase electronic, multi-device access to health records while reducing operating costs and complying with government regulations.
Sep. 2, 2015 10:00 PM EDT Reads: 292
SYS-CON Events announced today that the "Second Containers & Microservices Expo" will take place November 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Containers and microservices have become topics of intense interest throughout the cloud developer and enterprise IT communities.
Sep. 2, 2015 06:45 PM EDT Reads: 634
The 17th International Cloud Expo has announced that its Call for Papers is open. 17th International Cloud Expo, to be held November 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA, brings together Cloud Computing, APM, APIs, Microservices, Security, Big Data, Internet of Things, DevOps and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportunity. Submit your speaking proposal today!
Sep. 2, 2015 06:30 PM EDT Reads: 1,657
SYS-CON Events announced today that IceWarp will exhibit at the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. IceWarp, the leader of cloud and on-premise messaging, delivers secured email, chat, documents, conferencing and collaboration to today's mobile workforce, all in one unified interface
Sep. 2, 2015 06:00 PM EDT Reads: 463
SYS-CON Events announced today that Micron Technology, Inc., a global leader in advanced semiconductor systems, will exhibit at the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Micron’s broad portfolio of high-performance memory technologies – including DRAM, NAND and NOR Flash – is the basis for solid state drives, modules, multichip packages and other system solutions. Backed by more than 35 years of technology leadership, Micron's memory solutions enable the world's most innovative computing, consumer,...
Sep. 2, 2015 05:30 PM EDT Reads: 267
SYS-CON Events announced today the Containers & Microservices Bootcamp, being held November 3-4, 2015, in conjunction with 17th Cloud Expo, @ThingsExpo, and @DevOpsSummit at the Santa Clara Convention Center in Santa Clara, CA. This is your chance to get started with the latest technology in the industry. Combined with real-world scenarios and use cases, the Containers and Microservices Bootcamp, led by Janakiram MSV, a Microsoft Regional Director, will include presentations as well as hands-on demos and comprehensive walkthroughs.
Sep. 2, 2015 04:45 PM EDT Reads: 391
SYS-CON Events announced today that Pythian, a global IT services company specializing in helping companies leverage disruptive technologies to optimize revenue-generating systems, has been named “Bronze Sponsor” of SYS-CON's 17th Cloud Expo, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Founded in 1997, Pythian is a global IT services company that helps companies compete by adopting disruptive technologies such as cloud, Big Data, advanced analytics, and DevOps to advance innovation and increase agility. Specializing in designing, imple...
Sep. 2, 2015 04:15 PM EDT Reads: 354
In his session at @ThingsExpo, Lee Williams, a producer of the first smartphones and tablets, will talk about how he is now applying his experience in mobile technology to the design and development of the next generation of Environmental and Sustainability Services at ETwater. He will explain how M2M controllers work through wirelessly connected remote controls; and specifically delve into a retrofit option that reverse-engineers control codes of existing conventional controller systems so they don't have to be replaced and are instantly converted to become smart, connected devices.
Sep. 2, 2015 04:15 PM EDT Reads: 213
17th Cloud Expo, taking place Nov 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy. Meanwhile, 94% of enterprises are using some form of XaaS – software, platform, and infrastructure as a service.
Sep. 2, 2015 04:00 PM EDT Reads: 1,583
With the Apple Watch making its way onto wrists all over the world, it’s only a matter of time before it becomes a staple in the workplace. In fact, Forrester reported that 68 percent of technology and business decision-makers characterize wearables as a top priority for 2015. Recognizing their business value early on, FinancialForce.com was the first to bring ERP to wearables, helping streamline communication across front and back office functions. In his session at @ThingsExpo, Kevin Roberts, GM of Platform at FinancialForce.com, will discuss the value of business applications on wearable ...
Sep. 2, 2015 04:00 PM EDT
The 3rd International WebRTC Summit, to be held Nov. 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA, announces that its Call for Papers is now open. Topics include all aspects of improving IT delivery by eliminating waste through automated business models leveraging cloud technologies. WebRTC Summit is co-located with 15th International Cloud Expo, 6th International Big Data Expo, 3rd International DevOps Summit and 2nd Internet of @ThingsExpo. WebRTC (Web-based Real-Time Communication) is an open source project supported by Google, Mozilla and Opera that aims to enable bro...
Sep. 2, 2015 03:45 PM EDT Reads: 1,565
WebRTC services have already permeated corporate communications in the form of videoconferencing solutions. However, WebRTC has the potential of going beyond and catalyzing a new class of services providing more than calls with capabilities such as mass-scale real-time media broadcasting, enriched and augmented video, person-to-machine and machine-to-machine communications. In his session at @ThingsExpo, Luis Lopez, CEO of Kurento, will introduce the technologies required for implementing these ideas and some early experiments performed in the Kurento open source software community in areas ...
Sep. 2, 2015 02:15 PM EDT
Consumer IoT applications provide data about the user that just doesn’t exist in traditional PC or mobile web applications. This rich data, or “context,” enables the highly personalized consumer experiences that characterize many consumer IoT apps. This same data is also providing brands with unprecedented insight into how their connected products are being used, while, at the same time, powering highly targeted engagement and marketing opportunities. In his session at @ThingsExpo, Nathan Treloar, President and COO of Bebaio, will explore examples of brands transforming their businesses by t...
Sep. 2, 2015 02:00 PM EDT Reads: 268
SYS-CON Events announced today that HPM Networks will exhibit at the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. For 20 years, HPM Networks has been integrating technology solutions that solve complex business challenges. HPM Networks has designed solutions for both SMB and enterprise customers throughout the San Francisco Bay Area.
Sep. 2, 2015 01:30 PM EDT Reads: 944
While many app developers are comfortable building apps for the smartphone, there is a whole new world out there. In his session at @ThingsExpo, Narayan Sainaney, Co-founder and CTO of Mojio, will discuss how the business case for connected car apps is growing and, with open platform companies having already done the heavy lifting, there really is no barrier to entry.
Sep. 2, 2015 12:45 PM EDT Reads: 197
Too often with compelling new technologies market participants become overly enamored with that attractiveness of the technology and neglect underlying business drivers. This tendency, what some call the “newest shiny object syndrome,” is understandable given that virtually all of us are heavily engaged in technology. But it is also mistaken. Without concrete business cases driving its deployment, IoT, like many other technologies before it, will fade into obscurity.
Sep. 2, 2015 12:15 PM EDT Reads: 420
With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo in Silicon Valley. Learn what is going on, contribute to the discussions, and ensure that your enterprise is as "IoT-Ready" as it can be! Internet of @ThingsExpo, taking place Nov 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 17th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The Internet of Things (IoT) is the most profound change in personal an...
Sep. 2, 2015 11:30 AM EDT Reads: 2,001
As more intelligent IoT applications shift into gear, they’re merging into the ever-increasing traffic flow of the Internet. It won’t be long before we experience bottlenecks, as IoT traffic peaks during rush hours. Organizations that are unprepared will find themselves by the side of the road unable to cross back into the fast lane. As billions of new devices begin to communicate and exchange data – will your infrastructure be scalable enough to handle this new interconnected world?
Sep. 2, 2015 11:15 AM EDT Reads: 192
With the proliferation of connected devices underpinning new Internet of Things systems, Brandon Schulz, Director of Luxoft IoT – Retail, will be looking at the transformation of the retail customer experience in brick and mortar stores in his session at @ThingsExpo. Questions he will address include: Will beacons drop to the wayside like QR codes, or be a proximity-based profit driver? How will the customer experience change in stores of all types when everything can be instrumented and analyzed? As an area of investment, how might a retail company move towards an innovation methodolo...
Sep. 2, 2015 11:15 AM EDT Reads: 500
The Internet of Things is in the early stages of mainstream deployment but it promises to unlock value and rapidly transform how organizations manage, operationalize, and monetize their assets. IoT is a complex structure of hardware, sensors, applications, analytics and devices that need to be able to communicate geographically and across all functions. Once the data is collected from numerous endpoints, the challenge then becomes converting it into actionable insight.
Sep. 2, 2015 09:00 AM EDT