BMO Bank of Montreal and Monitise to Partner on Mobile Money Solutions for BMO Customers

BMO Bank of Montreal and Monitise to Partner on Mobile Money Solutions for BMO Customers

MONTREAL and LONDON — (Marketwire) — 12/19/12 — BMO Bank of Montreal and Monitise plc (LSE: MONI) today announced they have entered an alliance to develop new Mobile Money services, using Monitise-s market-leading technology platform that encompasses mobile banking, payment and commerce services.The alliance will allow BMO Bank of Montreal to offer customers intuitive and advanced Mobile Money services. The collaboration builds on an agreement formed in 2010 with Clairmail, the U.S.-based mo