NYCE To Provide Mobile Banking And Payments Services Powered By Monitise Americas

NYCE Payments Network, LLC, is a leading U.S. debit card payments network and a division of Metavante, Monitise Americas is a mobile banking and payments system for North America formed by the joint venture between Metavante Corporation and Monitise plc, a global leader in the provision of mobile banking and payments services.  By deploying the Monitise Americas platform, NYCE will deliver a mobile banking and payments service designed to be compatible across multiple mobile carriers, so most consumers would be able to use the service without having to switch carriers or handsets. Planned services include balance inquiries, funds transfers, mini-statements, text message alerts, and bill payment. Several financial institutions will launch services beginning in the fourth quarter of this year.  The Monitise Americas services will be integrated into NYCE’s network services. Settlement of funds will be performed through the NYCE standard process and existing NYCE reports will reflect the new transactions.   Monitise Americas has engineered its platform specifically for the North American mobile banking and payments market, leveraging some of the best practices and award-winning technology developed by Monitise for the MONILINK service in the U.K. MONILINK provides mobile banking and payment services to U.K. customers of HSBC, first direct, Alliance & Leicester, Royal Bank of Scotland, NatWest and Ulster Bank.