Royal Bank of Scotland (RBS) Technology has today announced it has signed a new partnership agreement with Monitise to broaden mobile banking and payments services across its banking divisions.
Monitise has strengthened its existing relationship with RBS Technology by entering a new five year global strategic partnership. Under the terms of the new agreement, RBS will utilise Monitise’s 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.
he new contract covers all RBS Group divisions including RBS and NatWest UK Retail, Citizens Bank US, Ulster Bank and RBS Global Corporate and Business.
Will Jones, general manager for Monitise’s RBS partnership, said: “New apps have been developed on the Monitise platform as part of a partnership project with RBS called Quantum Leap. It really does deliver a leap forward in terms of client innovation and convenience, with helpful banking at the heart of these new apps. The integrated technology is fully flexible and lets the bank optimise every app to take advantage of what advanced handsets can do.”