Monitise PLC Monitise Announces New Partnership
06 Mayo 2014 - 2:00AM
RNS Non-Regulatory
TIDMMONI
Monitise PLC
06 May 2014
First Gulf Bank selects Monitise to power Mobile Money
services
Middle East bank partners with Monitise to launch new
best-in-class mobile banking services
May 6, 2014: Monitise (LSE: MONI), a global leader in Mobile
Money - banking, paying and buying with a mobile device - today
announces a new partnership with First Gulf Bank to launch new
mobile banking services to consumers in the Middle East.
Abu Dhabi-based First Gulf Bank is one of the leading banks in
the United Arab Emirates. Monitise will support the bank in
increasing the variety of Mobile Money services it offers and
strengthening its position as a digital banking leader through the
provision of new innovations for its customers.
Through the partnership with Monitise, FGB is looking to build
its mobile ecosystem with cutting-edge services to make life easier
for its customers.
Fatih İ becer, CEO of Monitise MEA, said: "We are delighted to
be building upon our existing, renowned service delivery and
presence in the region against the backdrop of the wider Monitise
Group that we are now part of. First Gulf Bank was one of the first
banks in the Middle East to realise that the future lies in mobile.
Through our new agreement, we are looking forward to delivering
best-in-class, easy-to-use services to more consumers in the Middle
East."
Peter Radcliffe, President, International at Monitise, remarked:
"Monitise's Turkey, Middle East and Africa team has a strong track
record in supporting leading banks, payments companies, technology
businesses and brands in launching world-class mobile services.
This new agreement with First Gulf Bank is testament to their
expertise and success to date."
First Gulf Bank was named 'Best Bank in the United Arab
Emirates' and 'Best Bancassurance' at The Banker's Middle East
Industry Awards, as well as the third most powerful company in the
UAE by Forbes in 2013.
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 utilise
Monitise's technology platforms and services to securely connect
people with their money. Already 28 million consumers benefit from
our patented technology to 'bank anywhere', 'pay anyone' and 'buy
anything', accounting for $71bn of payments, purchases and
transfers annually. More information is available at
www.monitise.com.
About First Gulf Bank
As a major leading bank in the UAE, First Gulf Bank (FGB) had
Shareholder Equity of AED 29.8 billion as of September 30th, 2013
making it one of the largest equity based banks in the UAE.
Established in 1979 and headquartered in the UAE capital, Abu
Dhabi, the bank offers a full range of financial services to
business and consumer sectors throughout an extensive network of
branches across the UAE. Internationally FGB has branches in
Singapore and Qatar, representative offices in India and Hong Kong
and a subsidiary in Libya. More information is available at
www.fgb.ae.
Monitise plc Tel: +44(0)203 657 0900
Alastair Lukies, Chief Executive Officer
Lee Cameron, Chief Commercial Officer
Brad Petzer, Chief Financial Officer
Mike Keyworth, Chief Information Officer
Investor Relations
Andrew Griffin, Haya Herbert-Burns Tel: +44(0)203 657 0366
investorrelations@monitise.com
Media Relations
Gavin Haycock Tel: +44(0)203 657 0362
Gavin.haycock@monitise.com
Canaccord Genuity
Simon Bridges Tel: +44(0)20 7523 8000
Cameron Duncan
FTI Consulting Tel: +44(0)20 7831 3113
Charles Palmer
Jon Snowball
This information is provided by RNS
The company news service from the London Stock Exchange
END
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