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Mobile Money Industry Insights – July 10, 2014

News and insights from the Mobile Money industry, by Monitise Senior Vice President, Industry & Investor Relations, Andrew Griffin. Benedict Evans compares app revenue (right-and side) with installed base to illustrate how complex any discussion, or any market share, in the user and device sphere is. iPhone penetration is way higher in the US than… Read more

 

Beckoning Beacons – What are you waiting for?

This is part 2 of a multi-part series written by Alistair Crane, Executive Vice President at Monitise Create. A leading visionary in mobile strategy and design who has helped some of the largest brands in the world, Al will be discussing in this series what mobile innovation is, why financial institutions need to understand it… Read more

 

Monitise Announces Full-Year Results for 2013

Monitise today announced its full-year results for fiscal year 2013, which was another year of strong growth for the company. Key financial and operational highlights from the announcement included the following: Revenue rose 102% to £72.8 million; this was the fourth year in which revenue has doubled. Further growth in live transactions, with more than… Read more

 

Javelin: Mobile Banking Grew 63 Percent Last Year

In yesterday’s MobileFI blog post, we cited a recent report from Javelin Strategy & Research, “Mobile Banking, Smartphone and Tablet Forecast: 2011‐2016”, which projected that over half of U.S. adults (111 million people) will be mobile banking by 2016 and that small FIs are lagging behind in mobile. The report had other interesting findings as… Read more

 

Mobile Banking Reaches Critical Mass for Big Banks

EMI recently analyzed the 4Q11 financials from both JPMorgan Chase and Wells Fargo. Their analysis underlined the extent to which mobile banking has emerged as a key banking channel, while concurrently indicating that online penetration may have reached a ceiling. Chase: Between 4Q10 and 4Q11, Chase grew its active mobile banking customers by 57%, while… Read more