Monitise is entering into an expanded, multi-year global alliance with IBM

Monitise has announced that it’s entering into an expanded, multi-year global alliance with IBM. The alliance is designed to deliver cloud-based solutions aimed at enabling mobile e-commerce for financial services institutions. Monitise’s share price is currently up 1.8%. The alliance will, the companies say, bring together IBM’s “MobileFirst” portfolio, alongside IBM’s financial services and retail industry expertise, with Monitise’s mobile banking and payments capabilities, and will be delivered globally as part of IBM’s “Global Business Services” operation.