Mobile Money Ventures implements Citi Mobile Banking in the Philippines

As it became known on Tuesday, leading global solutions provider of the next mobile financial services generation, Mobile Money Ventures, LLC announced that it united with Citibank in order to provide customers with the first browser-based mobile banking solution of its kind in the Philippines.

 The new solution lets users manage their banking needs from their mobile handsets at any time and from any location securely. With Citi Mobile Banking customers can check account information, pay bills, and transfer money by accessing the web-based banking platform on their mobile phones. Moreover, no financial information is stored on the mobile device. 

The Philippines offering is the second of several planned by Citi and MMV in Asia, following the last year 

Citi is focused on driving innovation and making strategic investments in technologies such as mobile banking to create value for its customers and partners. It follows the launch of a mobile financial services offering last year that provided Citibank Hong Kong customers basic banking features as well as Hong Kong stock trading and portfolio management.