NTT Europe Online is providing a bespoke hosting platform for a new mobile banking service, MoBank, which launches this week.

MoBank is the brainchild of former first direct and Egg bankers Steve Townend and Dominic Keen and works with customers' bank accounts to let them buy and pay for items using their mobile phones. It will initially be available on the iPhone, with plans to roll it out to Java, Google and Blackberry phones later in the year.

"The internet has revolutionised how we shop and manage our money. The next step is to take this to mobile phones," says Keen. "MoBank has been designed to make people's lives easier and save them time by providing banking services on the move. A secure hosting platform is extremely important. We worked closely with NTT Europe Online to provide this, ensuring it was scalable and capable of delivering high performance levels. The technical backing we receive from them is critical in helping us achieve our goals."

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