I believe this is good news long term. Upfront licensing fees likely have a set limit, whereas subscriptions have more upside revenue potential based on subscriber base.
In order to make this business model shift from licensing to subscription, there will be a period of transition where one would expect to see a few steps back in order to move many steps forward.
For the long term shareholders, this should be seen as a positive. Clearly, both MasterCard and Visa see Monitise as a big part of the future in mobile banking, otherwise they wouldn't be aligning and positioning themselves alongside Monitise.
Not in the least bit worried here. On the surface, this has the tone of bearishness, but look deeper than just the surface to understand why this is a positive move for the long term. Sometimes you have to take a step back to move two steps forward, etc.
Go MONIF
Rec
News 
Market Data 
Discover 
AI
