But it’s keeping identity secret for moment
Mobile payments firm Monitise says it’s partnered with another leading UK financial institution in a three year deal which will witness it developing a series of mobile money services. Though Monitise has not named the bank yet, it says the deal will further consolidate its position in the market where it already works with more than 300 banks and financial institutions.
Other recent partnerships by Monitise include leading technology and financial services companies Cognizant, CGI, on-demand e-commerce provider Venda as well as Canadian smartphone maker BlackBerry to develop a person-to-person mobile payments service in Indonesia, the region’s first.
Earlier this month Monitise, whose biggest shareholder is Visa, reported revenues of £27.8 million in the first half-year to end-December , up by more than a fifth.