MoBank has announced that it is launching a bespoke hosting platform in association with NTT Europe Online, a global managed hosting, security and application management services provider.

With multi-tiered firewall protection, anti-virus and intrusion-prevention technology, the NTT Europe Online’s managed hosting platform is compliant with the Payment Card Industry Data Security Standard (PCI DSS) to protect users’ sensitive personal data. NTT Europe Online’s managed hosting services also meet the ISO27001 Information Security Standard, allowing MoBank to guarantee the reliability and availability of the service.

At launch, consumers will be able to buy all sorts of things using MoBank, such as cinema tickets, clothes, music, books, flowers, gifts and tickets; and check the balance on their card from their phone. Soon, it will include extra banking features such as money transfers, bill payments and budget trackers.

Dominic Keen of MoBank said: “The Internet has revolutionised how we shop and manage our money. The next step is to take this to mobile phones. MoBank has been designed to make people’s lives easier and save them time by providing banking services on the move.”

Damien Skendrovic of NTT Europe Online, said: “We’re delighted to be working with MoBank and their application shows us just how exciting and useful mobile technology can be. A service such as this has to have the right technological foundations to make it succeed.”