CellTrust Signs Agreement With Maxim-Pro Ltd. to Provide SecureSMS for the Next Generation Secure Mobile Banking and Payment in Africa
By Celltrust Corporation, PRNEMonday, January 18, 2010
CellTrust of Africa Delivers SecureSMS(TM) Appliance to one of Nigeria's Leading Banking Platform Providers, Meeting the Central Bank of Nigeria's New Security Requirements
SCOTTSDALE, Arizona and ABUJA, Nigeria, January 19 - CellTrust of Africa (www.africa.celltrust.com), the leading supplier of
secure mobile messaging and applications (www.CellTrust.com), has provided
Maxim-Pro Ltd. (www.maxim-pro.com) with a Secure Enterprise Messaging
solution to secure and mobile enable their successful banking platform while
meeting the new requirements of the Central Bank of Nigeria.
Maxim-Pro has partnered with CellTrust to extend secure mobile banking
and payment services to Nigeria's under and un-banked population through
their extensive customer base across the financial services sector. An
average of 100,000 subscribers are expected in the first six months of
operation for the new Secure SMS/Text Mobile Banking program launched via
CellTrust's Global SecureSMS Gateway. Fraud reduction and fewer demands being
made on call centers for IVR authentication are also part of the revenue
equation at Maxim-Pro.
"CellTrust SecureSMS adds significant value to our banking platform by
providing the state-of-the-art mobile security required to launch a mobile
banking solution in Nigeria and the entire region," according to Adeyinka
Oyewumi, Managing Director, Maxim-Pro. "We are pleased to have been able to
find a partner in mobile banking who meets the rigorous mobile security
requirements of the Nigerian Central Bank."
The Central Bank of Nigeria has issued new, highly stringent security
requirements for mobile financial management and insists both the financial
institutions and their distribution networks take a high level of
responsibility in protecting the end user. The requirement calls for more
security, and in the case of mobile text banking or SMS banking, the Nigerian
Central Bank's official directives require Secure SMS with multiple levels of
authentication and encryption along with a clear audit trail for compliancy.
"We are pleased to provide Maxim-Pro with the latest secure mobile
messaging solution to secure and mobile enable their successful banking
platform," commented Samuel Ucheaga, Managing Director, CellTrust Africa.
CellTrust of Africa's customer base is benefitting from CellTrust's award
winning SecureSMS(TM) Appliance and Gateway. SecureSMS provides end-to-end
privacy on the mobile device via a highly encrypted, tamper-proof process
while enabling message sizes up to 5,000 characters. A remote wipe
functionality that ensures users can wipe the handset if it is lost or stolen
adds another critical layer of security.
CellTrust SecureSMS(TM) Appliance was selected winner of 2009 Best
Enterprise Enabler Application for the RCR Ecosystem Awards. In 2008
CellTrust Secure SMS won the Communications Solutions Product of the Year
Award and was voted Best Messaging Security Solution by the Info Security
Products Guide's Tomorrow Technology Today Award. SecureSMS was accredited as
a finalist for the Third Annual CTIA Emerging Technology Award, and was named
the winner of three Mobile Star Awards, and the prestigious Mobile Marketing
Association 2008 Global Relationship Building Award.
About CellTrust Corporation
CellTrust is a leading provider of secure mobile messaging and
applications. CellTrust's patent pending SecureSMS Gateway(TM) featuring the
SecureSMS(TM) Appliance and a suite of mobile applications provide advanced
secure mobile messaging and information management across 200+ countries and
over 700 carriers. CellTrust ensures the secure and trusted exchange of
information on mobile devices to the financial services, healthcare,
government, education, energy, information technology, marketing, and travel,
among other global industries. For more information about CellTrust's Global,
African, North American and Australian operations: www.celltrust.com
www.africa.celltrust.com www.celltrust.com.au
About Maxim-Pro
Maxim-Pro is a leading provider of banking software and financial
services. Maxim-Pro's banking application suite supports banks, microfinance
institutions, OFID (Opec Fund for International Development), insurance
companies, hospitals, schools and other organizations with financial service
requirements throughout Nigeria and the African region. For more information
about Maxim-Pro: www.maxim-pro.com
CellTrust Media Contact: Lora Friedrichsen or Yasmin Ezaby Global Results Comms (GRC) for CellTrust +1-949-608-0276 celltrust@globalresultspr.com
Lora Friedrichsen or Yasmin Ezaby, both of Global Results Comms (GRC), +1-949-608-0276, celltrust at globalresultspr.com, for CellTrust
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