Last checked at 11 May 2015 07:01
11 May 2015
VIPERA PLC
("Vipera" or the "Company")
Vipera Plc powers innovative Mobile Card Control service for the leading bank in Germany
Vipera Plc (AIM: VIP), a leading provider of mobile financial services and digital customer engagement solutions, today announced the launch of a Mobile Card Control service to the leading German Bank, headquartered in Frankfurt (the "Bank"), its second launch in the German market in the last six months.
The service is provided in conjunction with a leading global payment processing and transaction company, utilising their transaction management platform and provide banks' credit card holders with a dynamic range of card monitoring, transaction and management capabilities direct on their smart phones. This new service has now been adopted by two German banks and represents a significant step forward in the respective bank's ability to offer a further range of functionalities to their combined c.4m credit card users in Germany.
The Bank's customers can now enjoy real time updates on all of their transactions allowing them connectivity to their card purchases and ensuring effective fraud management. In addition, users will be able to view their spending by category, see available credit for each card, set spending limits for certain categories, be able to lock or unlock their cards for general use, internet use and use abroad, putting customers in full control of their cards and giving them complete fraud protection in real time.
At the heart of this exciting new capability is Motif, Vipera's bank-grade proprietary platform which powers the service with real-time transaction capability. Under a licence agreement, Motif links the Bank's credit card customers and the payment transaction company.
"We are very pleased to have launched the service with the leading bank in Germany and to be part of this new and exciting development, enabling such a comprehensive service starting with banking customers in Germany which will enhance user experience and give them even greater control and insight into their personal finances. We are also delighted to be working with blue chip financial institutions that have selected Vipera and its Motif platform. This provides further validation for Motif which will be a key revenue driver for the Company." said Vipera co-founder and CEO Marco Casartelli.
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Vipera PLC | |
Marco Casartelli | Tel: +39 02 8688 2037 |
Richard Garnier | Tel: +46 70 721 1002 |
Martin Perrin | Tel: +44 (0) 207 193 0833 |
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Sanlam Securities UK Limited (Nomad and Broker) | Tel: +44 (0) 20 7280 8700 |
Simon Clements | |
Jamie Vickers Jamie Moyes (Baden Hill Sanlam) |
About Vipera:
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 bank grade multi-purpose platform, Motif. Additionally, it provides consultancy and other services to banks and financial institutions. Headquartered in London and Milan, Vipera powers one million end user financial applications for its top tier bank customers worldwide. For further information, please visit www.vipera.com