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Four Critical Elements of a Successful FI Mobile Strategy

The RBS Group Retail Banking Application, developed by Monitise, was honored as the “Outstanding Mobile Wallet or Application” at the 2013 Paybefore Awards Europe. The Paybefore Awards Europe recognize the best products and programs in the prepaid business.

The Deloitte Technology Fast 50 is one of the UK's foremost technology award programs, ranking the UK's 50 fastest-growing technology companies on their percentage revenue growth over five years. In 2012, Monitise was ranked number 3 with a growth rate of 2,875% during the five-year period.

The BIMA (British Interactive Media Association) Awards honors top companies in the UK digital media industry. In 2012, Monitise was recognized with a BIMA Award for Innovation.

The Clairmail solution by Monitise received the prestigious 2012 Award for Customer Value Enhancement in the Mobile Banking and Payments Services industry from Frost & Sullivan. This award is earned by a mobile banking solution that demonstrates excellence in implementing strategies that proactively create value for Financial Institutions (FIs) with a focus on improving the return on the investment that FIs make in their services or products.

The Clairmail solution by Monitise was named the Best Mobile Application or Service in the 2012 San Francisco Business Times Tech and Innovation Awards. The Tech and Innovation Award winners were chosen across 15 categories for solving challenging problems, all while growing companies and creating jobs in the Bay Area.

Monitise received the "Deal of the Year" award at The Grant Thornton Quoted Company Awards 2012, in recognition of Monitise's extension of its strategic partnership with Visa with a new five-year alliance agreement in June 2011.

The Clairmail solution by Monitise won the BAI MobileLink Pace Setter award at the 2011 BAI Retail Delivery Conference and Expo, edging out finalists Fiserv and Kony Systems. The BAI MobileLink Pace Setter award honors the solution provider that has increased mobile usage, furthered mobile innovation and expanded mobile business opportunities in retail banking.

The Deloitte Technology Fast 50 is one of the UK's foremost technology award programs, ranking the UK's 50 fastest-growing technology companies on their percentage revenue growth over five years. In 2011, Monitise was ranked number 12 with a growth rate of 2,408% during the five-year period.

The Clairmail solution by Monitise was selected among the first annual OnMobile 100 - the 100 top, private companies that are developing game-changing approaches and technologies that are likely to push outside the bounds of existing markets and away from entrenched players. Companies were selected based on a set of five criteria: innovation, market potential, commercialization, stakeholder value, and media buzz.

The U.S. Bank AccelaPay mobile banking application, developed by Monitise, was honored as the "Best in Category for Virtual or Mobile Prepaid Application" at the 2011 Paybefore Awards. The Paybefore Awards recognize the best products and programs in the prepaid business.

In a 2010 report, Celent evaluated 15 mobile banking companies and found that the Clairmail solution by Monitise outpaced all other surveyed vendors in the total number of active end users. While citing the Clairmail solution's continued market dominance in the top-tier FI market, Celent also named the Clairmail solution the recipient of the XCelent Award for Advanced Technology—giving the Clairmail solution high scores for high mobile banking enrollment, end user customization capabilities, and advanced administrative tools like the Clairmail CSR console and unique analytics and reporting features.

Javelin's 2010 Mobile Banking Vendor Report analyzed 12 top global vendors that offer U.S. mobile-banking platforms. Each vendor was compared and ranked according the following criteria: product depth, multimodal (triple play – SMS, mobile web and client applications), strategic partners. Based on the criteria, the Clairmail solution by Monitise tied for the highest number of points and was ranked "Best in Class."

The Red Herring 100 Global honors the top 100 privately-held companies from around the world. Red Herring's editorial team used a very competitive process to whittle down the pool of 1200 potential companies from North America, Europe and Asia to the top 100 winners, including Monitise Americas.

The Frost & Sullivan Award for Market Penetration Leadership is presented each year to the company that has "demonstrated excellence in capturing the fastest measured rate of change of market share within its industry." The award also recognizes how fast a company increases its market penetration and successfully executes on its strategic vision.

Every year, Bank Technology News recognizes 10 companies and technologies that have stepped up with innovative solutions that meet pressing needs facing the financial services industry. The Clairmail solution by Monitise was honored for pioneering the mobile banking triple play by offering messaging, mobile web and client applications on a single, intuitive Smart Client interface which provides customers with an integrated user experience.

The BAI Innovation Moment award spotlights the most forward-thinking ideas, products, technologies and business approaches in retail banking. Submissions were judged by a panel of leading retail banking experts, and the Clairmail solution by Monitise was selected as the Mobile Commerce Innovator.

Four Critical Elements of a Successful FI Mobile Strategy