Last checked at 18 Aug 2015 07:00
18 August 2015
VIPERA PLC
("Vipera" or the "Company")
Contract with Government Savings Bank of Thailand
Vipera plc (AIM: VIP), the specialist provider of mobile financial services is pleased to announce that is has secured a repeat sale with the Government Savings Bank of Thailand ("GSB") through its partner TNFIS, part of the T.N. Information Systems group, utilising Vipera's digital financial services platform MOTIF, under license.
The Company is encouraged by this sale, particularly because GSB purchased a license in September 2014 for 100,000 users. This additional license is for a further 1 million users, illustrating the appetite for Vipera's technology. The contracted revenue is a significant and welcome contribution to the Company achieving its 2015 financial goals.
GSB is using Vipera's technology in its newly launched mobile banking service, "MyMo by GSB" providing powerful personal banking and financial management tools in the hands of GSB's customers via their smartphones.
The application provides a range of value add self service capabilities to GSB's customers including the ability to check account balances and statement for all deposit and loan accounts, money transfer to accounts in GSB and other banks as well as to other MyMo users via mobile number. In addition, users can pay loans, scan and pay bills, top up mobile phones, check GSB special prize draw results and customise their landing page. Users also receive notifications about balance changes across all accounts. The application is available for both iOS and Android devices.
Vipera CEO Marco Casartelli commented "TNFIS has demonstrated how well the MOTIF platform is suited to bringing innovative and cutting edge financial applications to market quickly and cost effectively, ensuring that GSBs banking customers have access to the best available mobile banking experience. This sale represents the second largest single order we have received and we look forward to announcing further sales of this technology to major retail banks in due course."
For more information, please contact:
Vipera PLC Marco Casartelli Martin Perrin
|
Tel: +39 02 8688 2037 Tel: +44 (0) 207 193 0833 |
Sanlam Securities UK Limited (Nomad and Broker) Simon Clements (Nomad) Jamie Vickers (Broking) Jamie Moyes (Baden Hill Sanlam)
| Tel: +44 (0) 20 7280 8700 |
IFC Advisory Ltd Tim Metcalfe Graham Herring Heather Armstrong | Tel: +44 (0) 203 503 8671 |
About Vipera plc
Vipera Plc (AIM:VIP) a cutting edge Mobile Financial Services and Digital Customer Engagement Solutions provider, serves financial institutions worldwide with differentiated mobile banking, card management and customer engagement capabilities based around its proprietary multi purpose platform, Motif. Headquartered in London and Milan, Vipera supports millions of end user financial applications for it's top tier bank customers worldwide.
About TNFIS
TNFIS Limited Company was established in 2010, with the objective to offer professional services to banks and is a division of T.N. Information Systems Limited Company " the leader in Total Consulting and IT Services" company. The company has over 25 years of expertise and experience in banking systems services, from consultation to system design, set-up of systems to implementation and extending to Operational Services. Now TNFIS's services to banks cover Core Banking System, Loan Origination System, Collateral Management System, Internet Banking System, Mobile Banking System, Legal Systems, Sales Management System and more. The company has won many awards including Asian Banker's Best Core Banking Implementation.
About The Government Savings Bank of Thailand
The Government Savings Bank of Thailand (GSB) is a state enterprise which operates as a financial institute guaranteed by the government of Thailand under the supervision of the Ministry of Finance. GSB is now running 1,121 branches all over the country and celebrated its 102nd anniversary this year on 1st April.
About MYMO
MyMo is a mobile banking application for the Government Saving Bank (GSB) of Thailand. The application is designed with a philosophy of putting the branch into the pocket of GSB customers. By seamlessly integrating Vipera's cutting edge MOTIF platform with TNFIS' expertise in Core Banking System, MyMo is aiming to set a new standard for mobile banking innovation in Thailand, which gives MyMo users unprecedented access to a vast variety of personal banking services. At launch, the application features
- True 24/7 services over 3G/4G and WiFi
- Check account balances and statement for all deposit and loan accounts
- Notify users of all balance movement in every accounts
- Transfer money to accounts in GSB and other banks
- Transfer money to other MyMo users via mobile number
- Pay back loan, bills and top up
- Check GSB prize draw results
- Customize your landing page
- Create and manage contacts