IBM (NYSE: IBM) and Monitise plc (LSE: MONI.L) said they have announced a global digital commerce and resourcing alliance.
Combining the best of both companies´ mobile banking, payments and commerce technology, this alliance brings IBM sales and specialist resources to clients around the world with the full spectrum of advice, solution design and delivery of Monitise´s mobile money services.
Monitise´s technology will be enabled, hosted and sold as an IBM cloud-delivered solution worldwide in the business-to-business space.
As part of the collaboration, IBM´s global go-to-market investment of dedicated resources and promotional initiatives, globally and in region, will pair with Monitise staff to pursue mobile money opportunities. While commercial opportunities initially will be targeted at financial institutions, the companies will also address the needs of mobile network operators, retailers and any vertical requiring simple API connectivity to bank-grade, interoperable and scalable mobile payment and commerce functionality and content.
IBM´s 5,000 mobile experts have been at the forefront of mobile enterprise innovation. IBM has secured more than 4,300 patents in mobile, social and security, which have been incorporated into IBM MobileFirst solutions that enable enterprise clients to radically streamline and accelerate mobile adoption, help organizations engage more people and capture new markets. Its website is at www.ibm.com/mobilefirst.
Monitise is a world leader in mobile money, banking, paying and buying with a mobile device. More information is available at www.monitise.com.