There will be over 5 billion mobile phone subscriptions worldwide in 2010. By the end of 2009, that number had already reached 4.6 billion subscriptions, or a 67 percent global penetration rate
Source: International Telecommunications Union,
February 23, 2010
Mobile Payments market to quadruple by 2014, reaching $630bn in value
Source: Juniper Research,
May 4, 2010
Nearly half of mobile phone users worldwide to make Mobile Payments by 2014
Source: Juniper Research,
April 21, 2010
The worldwide number of users of mobile banking and related services is forecasted to grow from 55 million users in 2009 at a compound annual growth rate (CAGR) of 59.2 percent to reach 894 million users in 2015
Source: Berg Insight,
April 23, 2010
The latest annual, quarterly and monthly data reported by central banks show that officially recorded remittance flows to developing countries reached $316 billion in 2009
Source: World Bank,
April 23, 2010

Patrick Bird

President and CEO

Mr. Bird was founder and President of Isolation Systems, a provider of network security products, from 1979 until 1997. During that time, he managed the development of the first secure microcomputer co-processor which was evaluated for and certified for use by the U.S. Department of Defense. He then conceived, developed and deployed the first commercial VPN (Virtual Private Network) in a team with Cisco Systems. Isolation Systems was sold to Shiva Inc., which was later acquired by Intel. Prior to Isolation Systems, Mr. Bird was with Northern Telecom (now Nortel) in financial and systems management roles.

Paramjit Gill

Vice President, Deployment

Mr. Gill has spent over 12 years in the IT industry, including 6 years in the m-commerce space in North America, working with customers spread around the world. Mr. Gill understands the issues and challenges in deploying these emerging solutions in different markets globally and has successfully executed contracts and deployed these solutions at leading Banks and other large organizations. At CPNI, Mr. Gill is responsible for all activities pertaining to the deployment of the CPNI products and is actively engaged in pre-sales and customer relationship management. Mr. Gill holds an MBA from Marquette University, WI.