Vipera bags repeat deal with Government Savings Bank of Thailand

18th Aug 2015 07:50

(ShareCast News) - Vipera has secured a repeat sale with the Government Savings Bank of Thailand (GSB) through its partner TFNIS, part of the TN Information Systems group, utilising Vipera's digital financial services platform MOTIF.The company, which provides mobile financial services, said the license is for a further 1m users and the contracted revenue is a "significant and welcome" contribution to the group achieving its 2015 financial goals.GSB is using Vipera's technology in its newly-launched mobile banking service. It will allow customers to check account balances and transfer money.Chief executive Marco Casartelli said: "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 GSB's 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."