Metavante, Monitise Americas Launch Text Message Banking

Monitise Americas is well-known for providing mobile money services using secure applications that consumers download to their cell phones. The company has added text message banking to deliver financial information to all mobile phone users, whether they have advanced, data-enabled handsets or more simple devices.

"Text alerts have become mainstream for many consumer services today. Many of us already receive news alerts on our mobile," said Lisa Stanton, chief executive officer of Monitise Americas. "Especially in this economy, consumers have told us that they want immediate access to their financial information. Mobile financial alerts will allow consumers to manage their money any time, anywhere, and I firmly believe that there is no better time to introduce this than now."

The integration of Metavante payments solutions -- including bill pay, prepaid and the NYCE Network -- with its mobile financial services creates a clear line of sight to mobile payments and commerce. This type of integration also creates the benefit of making mobile services available to virtually all account holders at a financial institution.

"Metavante is committed to keeping our clients competitive by moving consumers to mobile banking," said Frank D'Angelo, group president, Metavante Payment Solutions, and chairman of the board for Monitise Americas. "By enabling this text messaging functionality, we are making money management via a mobile phone available to virtually anyone, and making it easy for even reluctant consumers to engage with the idea of using their mobile phones to manage their finances."