Monitise PLC (MONIF)

[stayfocused]

News yesterday,

" Türk Ekonomi Bankasi (TEB), strategic partner of BNP Paribas and one of the leading private sector commercial banks in Turkey, has launched a new digital banking service, CEPTETEB (Turkish for “TEB in your pocket”), as part of its branchless banking strategy. Designed and developed by TEB’s long-standing mobile banking partner Monitise, CEPTETEB’s mobile banking service forms the cornerstone of the branchless banking brand.

Available for iPhone and Android, with forthcoming updates for iPad, the new mobile branch incorporates a slick design and enhanced feature set. The updated app experience makes even more TEB services available to the bank’s five million customers, who can now remotely access a variety of transactions via the new and improved interface.

In addition to core banking features, CEPTETEB mobile banking includes enhanced functionality such as a simplified authentication process, the ability to live-chat with customer service representatives, and a QR wallet with three functions: sending money to any mobile phone number, shopping via ‘click to buy’ e-commerce sites (instead of re-typing credit card information) and withdrawing cash from TEB ATMs without a debit or credit card. The new mobile banking experience also allows users to open a CEPTETEB account.

http://www.monitise.com/news/press_releases?id=1155