Visa to Undertake Assessment of Stake in Monitise

Longstanding partners in the mobile sector Visa Inc. and Monitise plc entered into an alliance agreement in 2009. At the same time, Visa began investing in Monitise. Given the maturation of Monitise as a company, Visa is considering its options with respect to the investment and has engaged J.P. Morgan Securities Plc to assist. Visa

MasterCard and Monitise Partner to Deliver Digital Payment Services

MasterCard has announced the intention to enter into a commercial agreement with Monitise plc to accelerate the development and deployment of mobile wallets and digital payment solutions by financial institutions worldwide. MasterCard also intends to make a minority investment in Monitise. Monitise provides solutions designed to help consumers bank anywhere, pay anyone and buy anything