Monitise has signed a deal with Royal Bank of Scotland (RBS) to roll out mobile banking and mobile payments services for the bank.
The partnership with RBS Technology Services is initially for five-years and applicable at the banks global operations.
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The deal is an upgrade to an already existing relationship between the two companies.
By further integrating Monitises platform within the bank, RBS will give customers real-time information and services via smartphones whilst maintaining the text messaging services it already provide regardless of what kind of smartphone their customers use.
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.
The integrated technology is fully flexible and lets the bank optimise every app to take advantage of what advanced handsets can do, he said.
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By GlobalDataThe contract covers all RBS group divisions including NatWest UK Retail, Ulster Bank and RBS Global Corporate and Business.
