Welcome!

Symbian Authors: Jack Newton, Kevin Benedict, Matthew Lobas, Shelly Palmer, RealWire News Distribution

News Feed Item

Creova and Viamobile Partner With Fransabank Sal to Launch Simba®, an Innovative Mobile Money Solution in Lebanon

PARIS, November 5, 2012 /PRNewswire/ --

Creova (http://www.creova.com), a leader in developing Mobile Money solutions, and their partner Viamobile, a pioneering mobile money service provider in the Middle East region, have announced the launch of Simba®, a mobile wallet solution.

Simba® is being launched for the first time in Lebanon by Fransabank Sal, one of Lebanon's leading banks.

Viamobile is building through Simba® an ecosystem with a platform that offers mobile banking and mobile payment solutions in Lebanon and the region.

Simba® is a mobile wallet with a set of functionalities such as person-to-person money transfer, mobile phone top-up with all the operators, internet top-up, Parking Fine payment and Wedding List payment as well as various banking services, in addition to payments to merchants.

"Mobile Money is driving a disruptive shift in customer interaction, thereby accelerating the replacement of cash and bringing new products and payment means to consumers and merchants. In light of these developments worldwide, Creova is delighted and thrilled to partner with one of the most renowned and reputable banks in Lebanon and the best partner we could have hoped for in the Lebanese market," said Ramzi El-Fekih, CEO of Creova.

Karim El Khoury, CEO of Viamobile Lebanon, eyes the mobile payment industry as the natural evolution of payment systems as it offers the convenience and speed needed to effect payments in today's global world. With Creova being the technology partner, Karim believes Simba® will take a giant leap forward and position itself as a market leader in the payment arena.

Nabil Kassar, Secretary General of Fransabank, the first bank to launch the product in Lebanon, commented: "The high penetration of mobile phones along with continuous advances in technology, have brought about an unprecedented opportunity to offer economical and truly innovative mobile payment and banking services. Through Simba®, Fransabank will be offering all its clients a service that combines efficiency, convenience, optimal security and confidence at the most economic terms and conditions."

About Creova

Founded in 2008, Creova is a provider of Mobile Money solutions for mobile payment systems. Creova's solutions can be used by financial institutions, mobile operators, e/m-commerce providers and merchants for their customers.

Creova develops innovative, secure, high performance and easy to use technological solutions, allowing its customers to ensure optimal financial transactions through mobile devices with or without an Internet environment. Creova provides its customers with the ability to deliver mobile payment services, person-to-person transfer, bank account transfer, loan reimbursement, bill payment and mobile top-up, helping companies increase customer reach by providing access for all mobile phone users.

Creova is a French company, based in Paris, and present in the US, Italy, Lebanon and Tunisia where it has some R&D and marketing operations.

For further information, please contact: [email protected]

About Viamobile

Viamobile provides mobile payment solutions using the most innovative technologies. The company was founded in 2010 and is based in Beirut.

Viamobile teams up with some of the world leaders in the domain of mobile payment platforms' development.

Viamobile customized mobile payment solutions cater to both corporate and retail customers.  All solutions are: user-friendly, modular, and secure.

On a corporate level, Viamobile solutions make it possible for partners (banks, retailers and main market players) to offer mobile money services to their clients by integrating their offering into our user-friendly platforms and building tailor-made services that facilitate financial transactions.

For retail customers (any mobile phone holder), Viamobile solutions allow them to purchase goods, pay for a multitude of services, and conduct banking transactions with affiliated banks conveniently and securely.

About Fransabank Sal

A leading financial and universal banking player, Fransabank Group offers sophisticated and tailored retail, commercial, corporate, investment and international banking products that meet the evolving needs of the societies it serves, through its 143 branches in 8 countries across the world, namely in Lebanon, France, Algeria, Syria, Belarus, Cyprus, Sudan, and Libya (and shortly in Iraq).

Forth-largest bank in Lebanon, Fransabank ranks first in terms of local branch network with 110 branches across the country. This is in addition to a total of eleven Banking and Non-Banking Subsidiaries and Associates in the same market. Celebrating this year over 9 decades of financial legacy in its motherland, Fransabank Group succeeded in positioning itself as a forward-looking, trustworthy, dynamic, innovative, creative, and socially responsible leading financial group.

For further information, please contact:

Creova
Mr Emmanuel Paul
Tel.: +33-1-43900508
Fax: +33-1-77627156
Email: [email protected]
http://www.creova.com

Viamobile
Mr Karim El-Khoury
Tel.: +961-1-428628
Fax: +961-1-424671
Email: [email protected]

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

@ThingsExpo Stories
The Internet of Things will challenge the status quo of how IT and development organizations operate. Or will it? Certainly the fog layer of IoT requires special insights about data ontology, security and transactional integrity. But the developmental challenges are the same: People, Process and Platform. In his session at @ThingsExpo, Craig Sproule, CEO of Metavine, demonstrated how to move beyond today's coding paradigm and shared the must-have mindsets for removing complexity from the develo...
SYS-CON Events announced today that MangoApps will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. MangoApps provides modern company intranets and team collaboration software, allowing workers to stay connected and productive from anywhere in the world and from any device.
The IETF draft standard for M2M certificates is a security solution specifically designed for the demanding needs of IoT/M2M applications. In his session at @ThingsExpo, Brian Romansky, VP of Strategic Technology at TrustPoint Innovation, explained how M2M certificates can efficiently enable confidentiality, integrity, and authenticity on highly constrained devices.
"We've discovered that after shows 80% if leads that people get, 80% of the conversations end up on the show floor, meaning people forget about it, people forget who they talk to, people forget that there are actual business opportunities to be had here so we try to help out and keep the conversations going," explained Jeff Mesnik, Founder and President of ContentMX, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Internet of @ThingsExpo has announced today that Chris Matthieu has been named tech chair of Internet of @ThingsExpo 2016 Silicon Valley. The 6thInternet of @ThingsExpo will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
When people aren’t talking about VMs and containers, they’re talking about serverless architecture. Serverless is about no maintenance. It means you are not worried about low-level infrastructural and operational details. An event-driven serverless platform is a great use case for IoT. In his session at @ThingsExpo, Animesh Singh, an STSM and Lead for IBM Cloud Platform and Infrastructure, will detail how to build a distributed serverless, polyglot, microservices framework using open source tec...
The 19th International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Digital Transformation, Microservices and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportuni...
From wearable activity trackers to fantasy e-sports, data and technology are transforming the way athletes train for the game and fans engage with their teams. In his session at @ThingsExpo, will present key data findings from leading sports organizations San Francisco 49ers, Orlando Magic NBA team. By utilizing data analytics these sports orgs have recognized new revenue streams, doubled its fan base and streamlined costs at its stadiums. John Paul is the CEO and Founder of VenueNext. Prior ...
A critical component of any IoT project is what to do with all the data being generated. This data needs to be captured, processed, structured, and stored in a way to facilitate different kinds of queries. Traditional data warehouse and analytical systems are mature technologies that can be used to handle certain kinds of queries, but they are not always well suited to many problems, particularly when there is a need for real-time insights.
CenturyLink has announced that application server solutions from GENBAND are now available as part of CenturyLink’s Networx contracts. The General Services Administration (GSA)’s Networx program includes the largest telecommunications contract vehicles ever awarded by the federal government. CenturyLink recently secured an extension through spring 2020 of its offerings available to federal government agencies via GSA’s Networx Universal and Enterprise contracts. GENBAND’s EXPERiUS™ Application...
"My role is working with customers, helping them go through this digital transformation. I spend a lot of time talking to banks, big industries, manufacturers working through how they are integrating and transforming their IT platforms and moving them forward," explained William Morrish, General Manager Product Sales at Interoute, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Internet of @ThingsExpo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with the 19th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world and ThingsExpo Silicon Valley Call for Papers is now open.
Big Data engines are powering a lot of service businesses right now. Data is collected from users from wearable technologies, web behaviors, purchase behavior as well as several arbitrary data points we’d never think of. The demand for faster and bigger engines to crunch and serve up the data to services is growing exponentially. You see a LOT of correlation between “Cloud” and “Big Data” but on Big Data and “Hybrid,” where hybrid hosting is the sanest approach to the Big Data Infrastructure pro...
The IoT is changing the way enterprises conduct business. In his session at @ThingsExpo, Eric Hoffman, Vice President at EastBanc Technologies, discussed how businesses can gain an edge over competitors by empowering consumers to take control through IoT. He cited examples such as a Washington, D.C.-based sports club that leveraged IoT and the cloud to develop a comprehensive booking system. He also highlighted how IoT can revitalize and restore outdated business models, making them profitable ...
We all know the latest numbers: Gartner, Inc. forecasts that 6.4 billion connected things will be in use worldwide in 2016, up 30 percent from last year, and will reach 20.8 billion by 2020. We're rapidly approaching a data production of 40 zettabytes a day – more than we can every physically store, and exabytes and yottabytes are just around the corner. For many that’s a good sign, as data has been proven to equal money – IF it’s ingested, integrated, and analyzed fast enough. Without real-ti...
I wanted to gather all of my Internet of Things (IOT) blogs into a single blog (that I could later use with my University of San Francisco (USF) Big Data “MBA” course). However as I started to pull these blogs together, I realized that my IOT discussion lacked a vision; it lacked an end point towards which an organization could drive their IOT envisioning, proof of value, app dev, data engineering and data science efforts. And I think that the IOT end point is really quite simple…
With 15% of enterprises adopting a hybrid IT strategy, you need to set a plan to integrate hybrid cloud throughout your infrastructure. In his session at 18th Cloud Expo, Steven Dreher, Director of Solutions Architecture at Green House Data, discussed how to plan for shifting resource requirements, overcome challenges, and implement hybrid IT alongside your existing data center assets. Highlights included anticipating workload, cost and resource calculations, integrating services on both sides...
"We are a well-established player in the application life cycle management market and we also have a very strong version control product," stated Flint Brenton, CEO of CollabNet,, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
The IoT has the potential to create a renaissance of manufacturing in the US and elsewhere. In his session at 18th Cloud Expo, Florent Solt, CTO and chief architect of Netvibes, discussed how the expected exponential increase in the amount of data that will be processed, transported, stored, and accessed means there will be a huge demand for smart technologies to deliver it. Florent Solt is the CTO and chief architect of Netvibes. Prior to joining Netvibes in 2007, he co-founded Rift Technologi...
Unless your company can spend a lot of money on new technology, re-engineering your environment and hiring a comprehensive cybersecurity team, you will most likely move to the cloud or seek external service partnerships. In his session at 18th Cloud Expo, Darren Guccione, CEO of Keeper Security, revealed what you need to know when it comes to encryption in the cloud.