Monitise Mobile Money Platform Awarded 'Best-in-Class' Rating From Independent Research Group

SAN RAFAEL, CA--(Marketwired - Dec 18, 2013) - Monitise plc's (LSE: MONI) Mobile Money platform has been recognized as a "Best-in-Class" solution across all categories in a new CEB TowerGroup Mobile Banking Technology Analysis report. Monitise's platform was given the highest available ranking for Customer Experience, Interface Development, Integration and Management, and Enterprise Support.

"Our survey of top financial institutions shows how critical intuitive, feature-rich mobile solutions are in today's financial services industry," said CEB TowerGroup research director Jason Malo. "Financial institutions view strong mobile offerings among their most important competitive advantages given customers' expectations in terms of mobile functionality and ease-of-use."

Monitise's Mobile Money platform gives financial institutions the ability to deliver the innovative and customizable mobile solutions that are critical in today's increasingly digital world. Using Monitise's platform, financial institutions have the flexibility to roll out mobile solutions on their own timeline and with the features that fit their -- and their customers' -- specific needs. Monitise's bank-grade technology helps financial institutions improve customer loyalty, attract new customers and increase revenue by taking advantage of the rapidly-evolving Mobile Money opportunity.

"We're delighted that our platform technology has been recognized in such a robust and detailed analysis of the mobile banking industry. Mobile has become a key driver for consumers to choose, or switch, who they bank with and can open up much deeper customer relationships and new revenue opportunities. Offering differentiated mobile services is now a key factor in helping financial institutions remain competitive," said Lisa Stanton, President of Americas at Monitise. 

To learn more about Monitise's Mobile Money platform, please visit http://www.monitise.com/americas/

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CEB does not endorse any vendor, product or service depicted in our CEB TowerGroup publications and does not advise technology users to select only those vendors rated "best in class." CEB TowerGroup research publications consist of the opinions of CEB TowerGroup's analysts and should not be construed as statements of fact. CEB disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

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 utilize Monitise's technology platforms and services to securely connect people with their money.

Already 24 million consumers benefit from our patented technology to 'bank anywhere', 'pay anyone' and 'buy anything', accounting for $50bn of payments, purchases and transfers annually. More information is available at www.monitise.com.