Card Services For CUs Inks M-Banking Deal With Monitise

Published September 04, 2013, 7:25 a.m. EDT

Updated August 26, 2020, 10:10 p.m. EDT

1 Min Read

TAMPA, Fla. Card Services For CUs announced this morning it has expanded its mobile banking portfolio to include Monitise's Bank Anywhere and will offer Monitise's mobile banking services to its 2,600 member credit unions.

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"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,” said Robert Hackney, president of CSCU.

More than 350 financial institutions currently use the Monitise solution and its suite of Bank Anywhere, Pay Anyone and Buy Anything products.

London-based Monitise is part-owned by Visa Europe, which holds a 10% stake in the company.

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