Monitise PLC (MONIF)

[realfast95]

Thanks to mjvusa on the LSE chatboard

home page
http://www.lse.co.uk/ShareChat.asp?page=1&ShareTicker=MONI

Page 4 as of now, where he begins his due diligence
http://www.lse.co.uk/ShareChat.asp?page=4&ShareTicker=MONI

title: Visa/Apple/Moni

Visa Checkout -
http://www.nfcworld.com/2014/08/05/330789/analysts-report-applevisa-partnership/
http://www.nfcworld.com/2014/07/24/330575/visa-launch-new-payments-service-september-apple-first-customer/

Moni is in Visa Digital Solutions.
http://techcrunch.com/2011/06/09/visa-acquires-mobile-financial-services-company-fundamo-for-110m-in-cash/
"Monitise and Visa, meanwhile, say they will debut a mobile banking solution in the U.S. for clients of Visa DPS, the company’s debit and prepaid processing platform"

investor relations replied that Visa Checkout is a "simplified" version of V.me."
Further the reason is that V.me is a closed platform for clients like banks. Visa Checkout is basically the same platform but it is an "open platform" for anyone to use. Just like Moni has gone to an open API for anyone to use to develop their own app etc. V.me is a mobile wallet in itself, not an open platform. See below.

In my previous post link - "Sarah Clark 24 July 2014, 20:15

'Visa has unveiled a suite of services designed to “facilitate secure payments across a broad range of internet-connected devices and wearable's”. The announcement of the new ''Visa Digital Solutions' service comes amid reports that Apple is in talks with the payments network to enter the mobile payments market this year and includes the news that Visa’s cloud-based tokenization service will go live in September 2014 — the same month that the next iPhone and the first iWatch are expected to launch.'

"PARTNERS? Both companies have big launches planned for September 2014
It also comes just a week after Visa cancelled work on the development of its own mobile wallet(V.me), clearing the way for it to act as a partner rather than a competitor to hardware manufacturers seeking to bring their own mobile wallet services to market. Visa already has a mobile payments partnership with Samsung, signed during Mobile World Congress 2013'

ALSO - 'Visa Inc. on Thursday cemented into place two more pieces of a developing strategy for what is rapidly turning into a hotly competitive market for mobile payments. The world’s largest card network announced it had struck an agreement with Monitise PLC, a U.K.-based provider of mobile services for financial institutions, to add mobile-payments capabilities such as top-ups and transit ticketing in international markets. In the U.S., the deal will include a joint Visa-Monitise mobile-banking product for clients of - - "Visa DPS", Visa’s debit and prepaid processing unit.

Apple has already built a “secure enclave” into the iPhone 5S’ A7 processor which is currently used to store Touch ID fingerprint templates and a January 2014 patent application outlines how "the iPhone maker could use the technology to enable consumers to make payments via a combination of NFC, Bluetooth Low Energy (BLE) and WiFi."

Connect the DOTS if this all takes place. Apple Mobile Wallet(supports NFC, Beacon wifi - Visa supports Wallets through DPS - In the U.S., the deal will include a joint Visa-Monitise mobile-banking product for clients of "Visa DPS", Visa’s debit and prepaid processing unit. Even if Apple is out Moni still part of IBM DPS for others to use.


Anyway you look at it V.me project was "closed wallet" program. Has been changed to "open platform" "Visa Checkout". Visa Checkout is an open platform API, and part of their DPS program - Moni is part of IBM DPS.(Digital Payment System)

Old news but part of the process -

"With Monitise, Visa says it will offer a portfolio of services in the U.S. market tied to its DPS, or Debit Processing Service, operation. Current plans call for these to include person-to-person payments, remote deposit capture, mobile alerts, and promotional offers delivered to handsets that can be tailored to the user’s location. DPS processes prepaid and debit card transactions at the point of sale and at ATMs. It processes for three of the five largest U.S. debit issuers, and 29 of the top 100, Visa says, without naming clients. DPS is also the country's largest processor of Visa-branded prepaid payroll cards, Visa says.

http://digitaltransactions.net/news/story/Visa-Announces-Deal-with-Monitise-for-Mobile-Service-Tied-to-Debit_-Prepaid