Monitise, the leader in global mobile banking and payments, has beaten off fierce competition to be short listed for the Best Mobile Money Service at the 2010 GSMA Global Mobile Awards.

The winners of the mobile industry's leading annual awards will be announced at a ceremony during the Mobile World Congress in Barcelona on 16th February 2010.

Well over 1.3 million bank customers in the UK and in the USA are already using Monitise's ser-vices to check their account balance, set up and receive text alerts, transfer money and pay bills on their mobile phones in seconds.

Alastair Lukies, chief executive officer of Monitise said: "We are delighted to be recognised for excellence and innovation in mobile banking and payments worldwide by the industry's leading awards body.

"Undoubtedly the mobile banking revolution is here and now and Monitise is taking the lead globally with its proven Mobile Money Manager platform. Managing money can only get easier for people."

Rob Conway, chief executive officer and member of the board of the GSMA, offered his congratulations to all nominees for the Global Mobile Awards 2010: "Competition for these awards is fierce, with more than 500 entries - including many of an exceptional standard - and a highly discerning independent judging panel to impress; to be shortlisted is quite an achievement."

Monitise is currently working with international partners, including over 200 financial institutions, to roll out its Mobile Money Manager platform in developed and emerging markets in the UK, USA, Asia Pacific, India and the Middle East and Africa.

The platform, which earned the award nomination, supplies all the functions needed to enable banks, mobile operators, payment companies and merchants to provide their customers with bank grade secure, mass market mobile financial management services.