Vipera PLC Expanded contract with GSB of Thailand (9046X)

TIDMVIP

RNS Number : 9046X

Vipera PLC

30 November 2017

30 November 2017

VIPERA PLC

("Vipera" or the "Company")

Expanded 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 increased the scope of its contract 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.

GSB initially purchased a license in September 2014 for 100,000 users and a further licence in August 2015 for an additional one million users. They have now exceeded one million users and are purchasing a further licence to cover another one million users.

GSB is using Vipera's technology in its 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 statements for all deposit and loan accounts, money transfer to accounts in GSB and other banks as well as to other MyMo users. 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: "We are delighted that GSB have now exceeded one million users and are looking to further exploit the benefits of Vipera's MOTIF platform technology, ensuring that GSBs banking customers have access to the best available mobile banking experience.

"As well as being an important sale for the Company we will benefit from increased annual support and maintenance revenue."

For more information, please contact:

 
 Vipera PLC 
  Marco Casartelli (CEO)                Tel: [phone] 
  Martin Perrin (CFO)                   2037 
  Simon Pearce (CMO)                    Tel: +44 (0) 20 
                                        7193 0833 
                                        Tel: +44 (0) 207 
                                        097 8632 
 finnCap Ltd (Nomad and Broker)        Tel: +44 (0) 20 
  Adrian Hargrave / Anthony Adams       7220 0500 
  (Corporate Finance) 
  Camille Gochez (Corporate Broking) 
 IFC Advisory Ltd (Financial           Tel: +44 (0) 203 
  PR and IR)                            053 8671 
  Tim Metcalfe 
  Graham Herring 
  Heather Armstrong 
 

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 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. It was founded over 100 years ago.

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

This information is provided by RNS

The company news service from the London Stock Exchange

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November 30, 2017 02:00 ET (07:00 GMT)