Eurasian Bank Selects Monitise for Mobile Banking Services

Kazakhstan’s Eurasian Bank has launched a mobile banking service, designed and developed by Monitise Create, a division of the UK’s global mobile money provider Monitise.

The full-service, multi-language mobile banking app is available on iOS (iPhone) and Android to the bank’s customer base that will exceed one million this year, with iPad and Windows Phone versions to follow.

The app, available in Russian, Kazakh and English, will provide all Eurasian Bank’s retail banking customers with access to transaction history for multiple accounts, intra-account transfers, bill payments, the option to apply for credit, block transactions and an automated teller machine (ATM), branch and point of sale (POS) finder.

“The launch of our new mobile application is testament to the strength of our retail business and its drive to bring world-class innovations to banking in Kazakhstan,” said Michael Eggleton, chief executive (CEO) Eurasian Bank. “This marks the next step in the journey that we’ve been taking to re-shape our services around the changing needs of our customers, reflecting how mobile is really at the heart of the future of banking services. ”

Alistair Crane, CEO Monitise Create, said: “Pioneering mobile experiences are the cornerstone of what we do. In working with Eurasian Bank to both design and develop a market-leading mobile banking application for them, we’ve been able to apply our extensive experience in creating commercially game-changing mobile propositions to deliver something that’s a real first for the region.”


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