The Bankwatch

Tracking the consumer evolution of financial services

BMO and Monitise ink a partnership

I have been following the success of Monitise since meeting the folks in 2008 at a London conference.  It is exciting to see BMO working with them now, and I expect their mobile offerring to perk up significantly.

BMO Bank of Montreal and Monitise to Partner on Mobile Money Solutions for BMO Customers

MONTREAL and LONDON–(Marketwire – Dec 19, 2012) – BMO Bank of Montreal and Monitise plc (LSE: MONI) today announced they have entered an alliance to develop new Mobile Money services, using Monitise’s market-leading technology platform that encompasses mobile banking, payment and commerce services.

The alliance will allow BMO Bank of Montreal to offer customers intuitive and advanced Mobile Money services. The collaboration builds on an agreement formed in 2010 with Clairmail, the U.S.-based mobile banking and payments provider acquired by Monitise in 2012.

Written by Colin Henderson

December 19, 2012 at 16:56

Posted in Uncategorized

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