Mobile payments provider, Monitise has announced a partnership with Card Services for Credit Unions (CSCU), a card-processing association.

The partnership will allow CSCU to offer Monitise mobile banking service – Bank Anywhere – to its 2,600 member credit unions.

Robert Hackney, president of CSCU, said: "The Monitise solution will empower our credit unions to benefit from high levels of engagement in order to maintain member loyalty, acquire new members, grow revenue and combat the growing threat of disintermediation."

Lisa Stanton, president of Americas at Monitise, said: "We are thrilled to be collaborating with CSCU on delivering the most advanced array of mobile banking capabilities to its extensive network of member credit unions."

CSCU is a not-for-profit cooperative founded in 1989 as a card-processing, electronic-payments association exclusively serving credit unions.

Monitise technology platforms are used banks, payment companies, retailers and mobile networks. Over 23m consumers use its suite of products.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Related articles

Monitise partners with Telefónica

Desjardins joins forces with Monitise for NFC

Processing platform from Fiserv selected by Greater Nevada Credit Union