Mobile banking firm Monitise's 40 new jobs in Nantgarw
A mobile phone banking technology company is creating 40 jobs by opening a south Wales office.
Monitise will focus on the development and testing of mobile banking, payments and business services at its base in Nantgarw, Rhondda Cynon Taf.
The company said it was also looking at forging links with local universities.
Meanwhile, a Centre of Excellence in Mobile Applications and Services is officially opening at the University of Glamorgan in Treforest.
Deputy First Minister Ieuan Wyn Jones, who will open both Monitise's offices and the centre, said he was "delighted that we've been able to attract such a prominent company in this field to establish their research centre in Wales, creating a significant number of high skilled jobs".
The company calls itself a "global leader in mobile money solutions".
Mike Keyworth from Monitise would they be looking to forge strong links with local colleges and universities to help train graduates.
He said: "The skills which developers and graduates are bringing into our business are broadening and improving all the time."