Vipera PLC Contract with Al Masraf
March 09 2017 - 2:01AM
RNS Non-Regulatory
TIDMVIP
Vipera PLC
09 March 2017
9 March 2017
VIPERA PLC
("Vipera" or the "Group" or the "Company")
Contract with Al Masraf
Vipera (AIM:VIP), the specialist provider of mobile financial
services, is pleased to announce that, in conjunction with its
local partner Wavepac Infosystems LLC, it has entered into an
agreement with the Arab Bank for Investment & Foreign Trade
("Al Masraf") for a multi phase project covering the design,
development and implementation of a mobile banking and bill payment
solution.
The project will utilise Vipera's Motif platform and Motif
middleware components to deliver a state of the art solution to Al
Masraf. Once implemented, Al Masraf's customers will be able to
utilise the latest Vipera mobile technology for banking and bill
payment within UAE. The Motif platform supports the use of
smartphones and wearables for banking & payments and will
enable Al Masraf to deliver a range of banking, payment and value
added services in the future.
Vipera CEO, Marco Casartelli commented: "We are very pleased to
be working with Al Masraf to implement our Motif mobile banking and
bill payment solution. By using our Motif platform Al Masraf will
gain access to the state of the art mobile banking solution,
enabling them to quickly and effectively add this capability to
their service offering."
Contact:
Vipera PLC
Marco Casartelli (CEO) Tel: +39 02 8688
Simon Pearce (CMO) 2037
Martin Perrin (CFO) Tel: +44 (0) 7795
105376
Tel: +44 (0) 20
7193 0833
finnCap Ltd (Nomad and Broker) Tel: +44 (0) 20
Adrian Hargrave / Anthony Adams 7220 0500
(Corporate Finance)
Christian Hobart (Corporate
Broking)
IFC Advisory Ltd (Financial Tel: +44 (0) 203
PR and IR) 053 8671
Tim Metcalfe
Heather Armstrong
Graham Herring
Notes to Editors:
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. For further information, please visit
www.vipera.com
About Al Masraf
Arab Bank for Investment & Foreign Trade (Al Masraf) was
established in November 1975 in UAE.
Al Masraf offers a full range of financial services including
Consumer Banking, Corporate Banking, Islamic Banking and Treasury
& Investment services to help customers build & manage
their finances. Al Masraf values encourage them to constantly
update their products and services in order to meet the diverse and
evolving needs of their customers.
About Wavepac:
Wavepac Infosystems LLC is an IT Solutions provider based out of
Dubai (UAE) and committed to offering its customers specialized IT
solutions in an strategic partnership with focussed players like
Vipera. Wavepac promoters have been engaged with Al Masraf for some
key IT solutions for the past 19 years and are one of their
preferred solution provider.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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