Monitise hails tie-up with US firm Cognizant

Monitise has announced a global alliance with US-listed IT company Cognizant that it expects will help financial institutions 'embrace the mobile channel of interaction' and develop mobile banking, payments and commerce solutions.

Monitise has announced a global alliance with US-listed IT company Cognizant that it expects will help financial institutions 'embrace the mobile channel of interaction' and develop mobile banking, payments and commerce solutions.

The AIM-listed mobile banking and payments group said in a statement on Thursday morning: "Combining Cognizant's extensive financial services and mobility expertise with Monitise's leading mobile money platform, the alliance will help global financial institutions speedily respond to the mobile money opportunity that is gathering significant momentum."

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