SAN RAFAEL, CA--(Marketwired - Apr 30, 2013) - Monitise plc (
"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," said Rick Robel, Executive Vice President of Operations at American Savings Bank. "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."
American Savings Bank sought a best-of-breed mobile solution that was agnostic to its third-party systems and would allow them to create a mobile channel that was not dependent on other systems. American Savings Bank selected Monitise and launched its complete mobile services -- including feature-rich mobile banking and payments functionality across its fully native smartphone applications, mobile web offerings and SMS services -- in November 2012. American Savings Bank supported its product launch with a compelling marketing campaign and mobile enrolment has subsequently been tremendous.
"Strong customer adoption is crucial to a successful mobile strategy for all financial institutions," said Todd Clyde, Executive Vice President and General Manager, Americas at Monitise. "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."
About American Savings Bank American Savings Bank has been serving Hawaii's businesses and communities for over 88 years providing a full range of financial products and services, including commercial and consumer banking, insurance, and investments. Learn more at www.asbhawaii.com
About Monitise
Monitise plc (
Monitise powers bank-grade solutions that are delivered on premise, or via cloud services. The value of payments and transfers initiated via Monitise's platform technology is more than US$31bn on an annualised basis. Monitise has a global reach and unique set of partners and clients using its completely adaptable Monitise Enterprise Platform. More information is available at www.monitise.com .
Contact: Kate Reed or Peter Sadler monitise@launchsquad.com + (415) 625-8555 For further information Monitise plc Tel: +44(0)203 657 0900 Duncan McIntyre, Chairman Alastair Lukies, Chief Executive Officer Lee Cameron, Chief Commercial Officer Brad Petzer, Chief Financial Officer Mike Keyworth, Chief Operating Officer Investor Relations Haya Herbert-Burns Tel: +44(0)203 657 0366 Haya.herbert-burns@monitise.com Media Relations Gavin Haycock Tel: +44(0)203 657 0362 Gavin.haycock@monitise.com Canaccord Genuity Simon Bridges Tel: +44(0)20 7523 8000 Cameron Duncan FTI Consulting Tel: +44(0)20 7831 3113 Charles Palmer Jon Snowball