moneyplus
- 09 Oct 2007 10:51
I dismissed this company as froth when I first looked at it. Since then the sp has doubled and continues to steadily rise. I looked again and when I saw the countries and contracts this firm is in---I was impressed and bought some to tuck away. anyone else bought in or interested?
HARRYCAT
- 31 Aug 2011 08:27
- 88 of 682
London, 31 August 2011 - Monitise plc (LSE: MONI) today announces it has signed a new partnership agreement with RBS Technology Services to broaden mobile banking and payments services across its banking divisions.
Monitise has strengthened its existing relationship with RBS by entering a new five-year global strategic partnership. Under the terms of the new agreement, RBS will utilise Monitise's industry leading and award-winning platform to provide innovative bank-grade and secure mobile apps and services to RBS customers.
By further integrating Monitise's configurable technology platform within the bank, RBS is able to give its customers richer, real-time smartphone services as new devices and operating systems hit the market, while continuing to provide mobile services to any customer that wants them via text message, no matter what phone they have.
The new contract covers all RBS Group divisions including RBS and NatWest UK Retail, Citizens Bank US, Ulster Bank and RBS Global Corporate and Business.
HARRYCAT
- 01 Sep 2011 08:28
- 89 of 682
StockMarketWire.com
Monitise plc has appointed Brian McBride to the Board as Non-Executive Director with immediate effect.
McBride was previously managing director of Amazon.com in the UK and brings with him more than 25 years experience in the IT industry. He began his career with Xerox and subsequently worked at IBM, Crosfield Electronics, Madge Networks, Lucent, Dell Computers as Vice President, Northern Europe and as Managing Director of T-Mobile (UK).
HARRYCAT
- 01 Sep 2011 11:38
- 90 of 682
StockMarketWire.com
Monitise the technology company delivering mobile banking has announced its audited preliminary results for the year ended 30 June 2011 showing revenues of 14.0m (2010: 6.0m) with half-on-half revenues more than doubling from 4.3m in H2 2010 to 8.7m in H2 2011.
Platform development and integration revenues of 6.0m (2010: 1.4m), up fourfold on prior year, driving future user generated income streams
User generated revenues of 6.3m (2010: 2.9m), also more than doubled on prior year
The company also reported that gross margin was consistently strong and in excess of 60% target.
Monitise highlighted a growing order book, including the recent five-year strategic contracts with Visa Inc. and RBS, hit 78m ($128m) as at 1 September 2011, six times the 13m order book at end-June 2010
Revenue growth in live operations (1) drove profitability, from an operating loss (3) of 2.5m in 2010 to an operating profit of 3.2m
The company recorded a loss for the year of 14.5m (2010: 16.8m) and a loss per share 2.1p (2010: 3.7p)
The company is debt free with 30 June 2011 cash balance, including short-term deposits, of 23.6m
HARRYCAT
- 12 Sep 2011 09:03
- 91 of 682
Latest patent covers way shoppers can use 'virtual payment cards' to shield account details, or even if they have no bank account
Monitise plc announces it has been granted a patent for a new way to enable consumers to shop securely via their mobile or the internet, reinforcing the group's reputation as a mobile money innovator.
"Bank-grade security is at the heart of our growing mobile money business and we welcome this new patent being granted," said Monitise Group Chief Executive Alastair Lukies.
The UK patent relates to how Monitise can generate 'virtual card details' on the mobile phone to enable a consumer to shop in a secure and convenient way without them having to divulge data from their credit or debit cards such as personal account numbers, card expiry dates and security codes. The consumer chooses which account to use as the funding account for the virtual card.
The virtual card, in effect a prepaid digital voucher, can be created for a fixed amount or for a specified period of validity. The risk of fraud is further minimised because the consumer can shop without having to share their bank and credit card account information if they prefer not to
HARRYCAT
- 31 Oct 2011 10:35
- 92 of 682
StockMarketWire.com
Monitise is further strengthening its alliance with Visa Europe, which is investing 24.7 million in Monitise at an issue price of 35p per share for 70.5 million new Monitise shares.
As part of the subscription for Monitise shares, Visa Europe President and Chief Executive Peter Ayliffe, will join Monitise's Board of Directors.
Monitise has also agreed to acquire the 51% stake in its US joint venture, Monitise Americas, held by Metavante Corporation, a subsidiary of Fidelity National Information Services Inc. (FIS).
FIS is one of the world's largest global providers dedicated to banking and payments technologies.
HARRYCAT
- 04 Nov 2011 11:39
- 93 of 682
Monitise welcomes launch of MMN's Simply Tap
Monitise plc (LSE: MONI), is delighted to welcome the launch of the Mobile Money Network's instant mobile checkout, Simply Tap.
Monitise is a joint venture partner in MMN and developed the technology platform for the launch, which has just gone live with Carphone Warehouse among the first major retailers to integrate Simply Tap into how its customers shop via their mobile handsets.
Monitise Group Chief Executive Alastair Lukies commented:
"It is great to see Simply Tap live. The UK now has a bank-grade, interoperable infrastructure for secure, fast and simple mobile shopping. This will inevitably change the way we pay and shop, just like cash did thousands of years ago, bank cards did 50 years ago and the Internet did a decade ago. What seems like an innovation today will be mainstream in a few years time, just as ATMs have become.
"The response to Simply Tap and the proposition it offers retailers, media partners, banks and payments companies has been very positive. We have more innovations planned over the coming 12 months, which will revolutionise the way consumers shop via mobile. Consumers choose retailers in the high street by voting with their feet, they will now vote with their fingers and thumbs via Simply Tap too."
skinny
- 23 Nov 2011 16:17
- 94 of 682
HARRYCAT
- 09 Dec 2011 10:21
- 95 of 682
Ouch...........quite a drop. I wonder if this is because of the struggle between all of the companies trying to be the market leader?
"MasterCard, like its traditional card rivals, is rushing to gain a foothold in the nascent mobile money market. Visa has acquired Fundamo and invested in Monitise and Square in the recent past while American Express has taken a stake in Payfone."
Presumably not all of these will survive?
skinny
- 14 Dec 2011 07:12
- 97 of 682
RNS Number : 9190T
Monitise PLC
14 December 2011
14 December 2011
Monitise plc
H1 2012 PRE-CLOSE TRADING UPDATE
MONITISE REVENUE MOMENTUM ACCELERATES
REVENUE FOR H1 2012 APPROXIMATELY GBP15M
- ALMOST THREE TIMES H1 2011's GBP5.3M
- HIGHER THAN FY 2011's GBP14M
MORE THAN GBP35M OF CUSTOMER ORDERS CONTRACTED IN H1
- ORDER BOOK AT END-DECEMBER MORE THAN GBP75M
LONDON - Monitise plc (LSE: MONI), the technology company delivering mobile banking, payments and commerce networks worldwide, expects to announce first-half revenues nearly three times higher than a year ago when it publishes its interim results in February.
Revenues for the six months to 31 December 2011 are expected to be approximately GBP15m, compared with GBP5.3m in the same period a year ago. First-half FY 2012 revenue will also be higher than the GBP14m revenue generated in the entire 12 months to the end of June 2011.
The order book to the end of December 2011 has now passed GBP75m, with more than GBP35m of orders contracted during the first six months of FY 2012.
Profitability in live operations, which includes the UK, US and Global Accounts, is expected to show significant growth on levels achieved in the second half of 2011, which in turn grew strongly compared to the first half of last year. Gross margins are expected to be in line with the 62% generated in the first half of last year.
Monitise continues to invest in its future operations, technology platform and service delivery capability in line with its strategy to be the global leader in the mobile money marketplace. For the first half of FY 2012, the EBITDA loss (pre-exceptional item) is expected to be broadly in line with the loss in the equivalent period last year. Taking into account the estimated exceptional profit on the acquisition of Monitise Americas we expect to be close to breakeven EBITDA for the half year.
The continuing investment to maximise opportunities from the growing worldwide mobile banking, payments and commerce market is reflected in a strong uplift in customer demand for Monitise's services.
More than 5.5m customers have now signed up for Monitise's mobile money services, compared with 3m registered customers at the start of January 2011. The platform is processing 330m transactions a year, compared with 120m transactions per annum a year ago.
Customer log-ins for mobile money apps developed and deployed by Monitise are currently running at around 15m per month, compared with around 6m six months ago. Bank transfers and payments processed via the Monitise technology platform have risen to more than GBP1bn in the year to date. The corresponding figure for the whole of 2010 was GBP600,000.
"Our revenue performance and growing order book clearly demonstrate the momentum of the Monitise business as we head into calendar 2012, the year of the Olympics. We have seen via the increase in activity across our own technology platform how mobile banking has created an exciting and fast-growing new way for consumers to interact with their bank and manage money on their terms," said Monitise Group Chief Executive Alastair Lukies.
He added: "Worldwide interest and activity around mobile money is growing daily. Monitise has positioned itself as the only independent, interoperable, bank-grade mobile technology platform open to deliver services across any market to any device. That gives us a critical role to play as the mobile money market evolves. The market opportunity is huge and we will continue to invest to ensure we will retain our leadership role."
Monitise has recently formed several new strategic partnerships and deepened its existing partner relationships and expects this pattern of growth to continue.
In October, Visa Europe cemented its relationship with Monitise via the purchase of 70.5m new shares and the appointment of Visa Europe President and Chief Executive Peter Ayliffe to Monitise's Board of Directors. Monitise is working closely with Visa Europe to develop innovative, bank-grade, value-creating payment solutions for its member banks and partners.
In the UK last month, Monitise's joint venture, the Mobile Money Network, launched its new instant mobile checkout service, Simply Tap. Monitise developed the technology platform for the MMN, which is developing mobile services that bring together a network of retailers, advertisers, banks and media owners to provide consumers with a simple way to discover and buy goods and services using their mobile phone.
In August, Monitise entered a new five-year global strategic partnership with RBS Technology Services. Last month, RBS was awarded the "Mobile IT Innovation of the Year" award at the BCS & Computing UK IT Industry Awards while Monitise received a medal in the "Small Business Project of the Year" category for its contribution to the same mobile banking app development project.
Monitise has recently taken 100% ownership of its Americas business, giving it the ability to control the focus and direction of its activities in this key mobile money market. This is expected to yield significant operational and strategic benefits.
Monitise Group Chairman Duncan McIntyre said: "Monitise really has had an exceptional 2011 as a company. Trading for the group has never been better and we enter the calendar year 2012 with great momentum. The board will continue to review strategic options to ensure the value that we believe Monitise is creating is being recognised and maximised."
Monitise's interim results for the six months ending 31 December 2011 will be announced in February.
skinny
- 16 Dec 2011 07:08
- 98 of 682
RNS Number : 1228U
Monitise PLC
16 December 2011
16 December 2011
Monitise plc
Monitise and FIS enter strategic partnership to develop mobile services
Five-year agreement includes multi-million dollar per annum revenues
LONDON - Monitise plc (LSE: MONI), has signed a five year strategic partnership agreement with FIS (NYSE: FIS), one of the world's largest global providers dedicated to banking and payments technologies, to create innovative mobile money services for existing and new clients.
The deal is a licensing, development and services agreement that will allow FIS to use Monitise's mobile banking and payments technology and helps deepen and strengthen the existing relationship between the two businesses.
In October, Monitise, which develops and deploys mobile banking, payments and commerce networks worldwide, bought out FIS's 51% stake in the two company's US joint venture, with FIS taking a 3.3% equity stake in Monitise.
Under the terms of the five-year deal, which involves multi-million dollar per annum revenues, FIS and Monitise have created an agile mobile development and deployment team that will help banks and other financial institutions defend and extend their role in the payments industry by creating secure and innovative new products and services.
FIS operates in more than 100 geographic markets and the company's more than 300 solutions represent the industry's most comprehensive array of products and services for the broadest scope of financial markets. Monitise provides mobile services to more than 250 US financial institutions.
"FIS is a clear leader in financial services technology with products and services for financial clients, ranging from small community banks to some of the largest financial institutions in the world. We are delighted to now be entering a new strategic partnership, which will complement FIS's role as a 'go-to' partner for financial institutions in the fast-growing and innovative mobile money marketplace," said Monitise Group Chief Executive Alastair Lukies.
skinny
- 16 Dec 2011 15:22
- 99 of 682
In auction +11.1%
skinny
- 12 Jan 2012 08:46
- 100 of 682
12 January 2012
Monitise plc
Notification of Interim Results Date
Monitise plc (LSE: MONI), the technology and services company delivering mobile banking, payments and commerce networks worldwide, will report Interim Results for the half year ended 31 December 2011 on Monday, 13 February 2012.
About Monitise
Monitise plc (LSE: MONI.L) is a technology and services company delivering mobile banking, payments and commerce networks worldwide with the proven technology and expertise to enable financial institutions and other service providers to offer a wide range of services to their customers in developed and emerging markets.
With live services in the UK, the US, India and Africa, the company is working with international partners to extend trusted and secure mobile banking, payment and commerce services in territories worldwide, including Europe, Asia Pacific and Latin America. Monitise has a global alliance agreement with Visa Inc. and strategic partnerships with Visa Europe, RBS Group and FIS. Other leading partners and clients include HSBC, Lloyds Banking Group, First Direct, U.S. Bank, Standard Chartered Bank, Travelex, Vocalink, Vodafone, Orange, O2, T-Mobile, 3 UK, Research In Motion, Best Buy Europe, The Carphone Warehouse, First Eastern, Astra, JETCO and PCCW mobile.
HARRYCAT
- 06 Feb 2012 14:47
- 101 of 682
StockMarketWire.com
Monitise has appointed Goldman Sachs International as financial adviser and Canaccord Genuity as the company's nominated adviser and broker with immediate effect.
Chief executive Alastair Lukies said: "Monitise continues to carve out a clear leadership role in the hugely exciting global Mobile Money space.
"We are pleased to welcome Goldman Sachs and Canaccord as advisers, both representing leadership roles in their respective areas of expertise."
jimmy b
- 06 Feb 2012 15:17
- 102 of 682
I fancy a few of these.
HARRYCAT
- 07 Feb 2012 14:03
- 103 of 682
Canaccord comment:
We believe the mobile money market has reached an inflection point.
A growing number of companies are starting to commit to multi-year, multimillion dollar contracts and we believe many companies are starting the second phase of investment in mobile money. After initial implementation of first generation services, often built in-house, we think companies are planning to invest in a second generation of mobile commerce technologies with third-party technology providers led by Monitise.
The growing urgency in the market has driven financial institutions, mobile operators, merchants and online commerce players to target the mobile money market with differing products and strategies. However, all four groups require critical technology infrastructure to facilitate mobile commerce transactions and Monitise’s technology platform can support all four groups with common services. This differentiates Monitise against the many niche mobile application providers.
HARRYCAT
- 07 Feb 2012 14:29
- 105 of 682
Cheers. I'm in the same position concerning which stocks to pick. You just can't be in them all, so am concentrating on the miners atm, which are doing well. But have about 25 stocks atm, which is still too many to concentrate on! MONI is a slow steady grower for me now, so not too bothered with daily/weekly swings.
HARRYCAT
- 08 Feb 2012 12:03
- 106 of 682
Monitise plc (LSE: MONI), welcomes the launch of new RBS and NatWest mobile Business Banking Apps that have been developed in partnership with RBS Group Technology Services.
The bank's business customers are able to track and monitor multiple bank accounts (allowing entrepreneurs to view their full account portfolios), check balances, view transactions and make intra-account transfers. A "near me" function provides addresses and opening hours of the nearest RBS or NatWest branch.
Regarding the launch, Monitise Group Chief Executive Alastair Lukies said: "We are laying deeper foundations with our partners and clients as they position themselves for an increasingly mobile future and we are excited by the apps that we are helping them bring to market."
HARRYCAT
- 09 Feb 2012 08:10
- 107 of 682
SAN FRANCISCO - February 8, 2012 - Visa Inc. (NYSE: V) today announced the launch of mobile services that allow financial institutions to offer their account holders the ability to monitor account history and balances, transfer funds between accounts, and receive near real time transaction alerts on their mobile devices.
Working in collaboration with Monitise (LSE: MONI), Visa made a significant enhancement to its issuer processing platform, Visa DPS, to offer mobile services that are fully managed by Visa and can be accessed with any mobile device, any mobile channel, and with any eligible debit, credit or prepaid account. Additional services are currently in development including mobile check deposit, mobile (NFC) payments, mobile offers, and support for V.me by Visa, Visa's digital wallet.
Enabling mobile services through the Visa DPS platform directly aligns with Visa's global innovation strategy to accelerate the global shift to electronic payments, to make payments more secure, more convenient and to bring electronic payments to more consumers in more places.