Monitise, a UK-based technology company, has announced that American Savings Bank met its first year adoption goal one month after deploying Monitise’s mobile banking app.

Rick Robel, executive vice president of operations at American Savings Bank said: "Customer adoption has literally exceeded all expectations, as we achieved our first-year adoption goals within one month and surpassed our two-year adoption goals within two and a half months.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

"Integrating the Monitise platform with our Fiserv-based core, online banking and bill pay systems presented unique challenges, but with the support of all parties, Monitise produced the complete solution on time and within budget."

Todd Clyde, EVP and general manager at Monitise, said: "Strong customer adoption is crucial to a successful mobile strategy for all financial institutions.

"As demonstrated by American Savings Bank, combining a well-executed mobile platform deployment with capabilities such as mobile remote deposit capture, and our adoption services will result in deep mobile customer engagement."

In November 2012, American Savings Bank, selected and launched Monitise’s Bank Anywhere after seeking a solution that would allow them to create a mobile channel that is not dependent on other systems.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

The Bank Anywhere services include mobile banking and payments functionality across native smartphone applications, mobile web offerings and SMS services.

 

Related Articles

Bank of Montreal to update mobile banking

Visa launches P2P service with Monitise