Monitise Plc has hired former Visa Inc. executive Elizabeth Buse to co-run the company as it seeks a sevenfold increase in the number of a customers using its mobile banking and payment systems. Shares of Monitise have risen 7.1% after the company announced the hiring. Buse will work along side the company's founder Alastair Lukies. Ali Khwaja, an analyst at Berenberg Bank said "Her joining joining gives a lot of credibility to Monitise as a business and to their claim of gaining market share."