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

CPNI has partnered with IBM and Logica to provide integration services to financial institutions. These major partners have been chosen in order to achieve global coverage with bank trusted organizations. In addition, transactions such as remittances drive a need for global partners with significant expertise and relationships with the world’s financial institutions.

Benefits include:
  • Fee revenue for integration services
  • An opportunity to develop and strengthen relationships with financial institutions

IBM

IBM is perhaps the best known and most successful global enterprise in the information technology industry covering over 200 countries with over 300,000 employees. They have a long tradition of supporting and providing innovative solutions to the financial industry.

To learn more about PAT visit the IBM Website.

Logica

Logica is a major international force in IT and business services. It employs around 40,000 people across 41 countries. Logica’s focus is on enabling its customers to build and maintain leadership positions using Logica’s deep industry knowledge and its track record for successful delivery. The company provides business consulting, systems integration and IT and business process outsourcing across diverse markets including telecoms and media, financial services, energy and utilities, industry, distribution and transport and the public sector.