Technology company Morse has revealed that The Royal Bank of Scotland is following in the footsteps of HSBC and First Direct by offering customers of all of its UK retail banking brands access to the Monilink secure mobile phone banking service.
Morse developed the network through mobileATM, a joint venture with Link Interchange Network, the operator of the Link ATM network. Morse commented that launching the service with the Royal Bank of Scotland (RBS) would bring the number of consumers able to access the Monilink service in the UK to over 30 million, equivalent to 35% of Link’s 85 million strong card base.
Duncan McIntyre, chief executive of Morse, commented: Monilink in the UK is now well placed to become the industry platform in mobile banking and this platform is enabling us to also gain a market leading position in overseas territories.
Morse commented that Alliance and Leicester has recently started to market the service to its customers and that discussions are also in progress with other major players in the UK banking sector. It added that Monilink is now developing more aggressive marketing plans with its banking and mobile network partners to accelerate consumer adoption in the UK.