Mobifin Elite Platform

Jay Jayasimha CTO – Panamax Inc

Technology for Acceleration and Digital Transformation of Financial Services About Panamax

Year Founded Global Headquarters Company Footprint 2001 New York, USA 120+ Deployments in 40+ Countries Company Size Key Markets Regional Presence 400 Employees Africa, ME, APAC and USA United Kingdom Worldwide Latin America India Kenya El Salvador Senegal Key Product Areas Peru Czech Republic Telecom Technologies

FinTech Technologies

120+ Global 30+ Global Customers Mobile wallets

Security and Fraud– protect customer data, access and clients

Control their costs – CAPEX / OPEX optimal TCO and operational maintenance efficiency

Capacity, scale, concurrency and performance – Scale linearly

Flexibility to deploy new services and dynamically modify existing services

Deployment Flexibility – Cloud scale, cloud native, hybrid and on-premise Security – Bringing ECC to MobiFin Elite platform

y² = x³+ax+b

Elliptic Curve Cryptography Optimal key size (256 bits) Certified encryption method approach to asymmetric and providing big performance used by US government and symmetric key cryptography compared to RSA the National Security Agency Most secure cryptography to ensure system 256 bit ECC = 3072 bits RSA financial security for data and 512 bit ECC = 15360 bits RSA transactions

Few commercial implementation of ECC – MobiFin Elite is one…Bitcoin is the other 4 Security – Best-in-breed authentication/authorization

Strong PSD2 Authentication Device Authentication Authentication Time outs Velocity checks OAUTH authentication Something you have Re-Authentication UserID/Device ID/IP Address Multi-Factor Authentication Email ID/Phone # Something you know Credit card # API authentication Something you are Billing/Shipping Address

5 Cost Control CAPEX/OPEX – Bringing Latest Technology

True micro-services based multi-threaded, non- blocking architecture for extreme performance

Hierarchal multi-tenancy – (Multi-tenancy within multi-tenancy), multi-currency

Concurrency patterns for concurrent transactions and high TPS

Built-in core services for alarms, statistics, event loggers, platform management and timers

Flexible deployment models using containerization – Docker Swarm/Kubernettes

6 Flexibility – API integration based architecture MobiFin Elite Platform Incoming side Transaction Processing Outgoing side Adapter APIs Microservices Incoming API Vendor exposure Transaction flows Outgoing API Integration flexibility State Machines Execution Flows Flexibility Strong Service Bldg Blocks Authentication Unit Credit Policy blocks

Quick Dynamic set-up Multi-protocol support APIs consumed by Micro Services Finite State Machine Easy Vendor Adapter for incoming – ReST/JSON, Adapter Service Finite State Machine Framework for higher Configuration API and Vendor SOAP/XML, flexibly defined Execution flows configurability Integration for SwiftMT/MX Service Building Blocks outgoing API ISO 8583… Unit Credit Policies Messaging interface 7 MobiFin Elite System Architecture

Mobile MobiFin Third Party Third Party vendors Portals PoS App Admin panel Admin panel /payment GW etc

Secure Adapter Service

High Speed Message Bus - Kafka

Dynamic Thread pooling - Asynchronous/Non-Blocking

MobiFin Transection Event Log Statistics Timer Vendor Controller Service Service Service Service Integration HA Provisioning Security Alarm Platform Database Service Service Service Service Service

Secure Adapter Service Campaign Mgmt Tool

MobiView Tool MobiTrack Tool Blockchain - transaction Al /ML based deep Real-time Monitor - Wallet, Real Time Debugging cataloging for immutability and learning infrastructure Fraud Detection transaction, Platform... tool - wallet/entity transaction auditability tool 8 Public/private Elastic-Logstash-Kibana-Filebeats stack Blockchain MobiFin – Functional Architecture

Telecom Service DTH Core Banking Payment Aggregators Any Other Provider System Gateways Micro Savings E-Top Up Micro Credit Bill Payment SOAP / REST / ISO8583 / WebSockets / HTTPS Agro Payment/Subsidy distribution Mobile money services Automated EKYC Domestic / Intl Remittance Mobile banking Gamifications Services Services Agency Banking Merchant Payment Open Banking API Cash In/Out Contactless Payments / HCE Pocket Services (Wallet to pocket, Pocket to Pocket, Geo Based Campaign Manager Pocket to wallet) (Beacons based)

Loyalty and Rewards Omni Channel / Digital Banking Intelligent Money Transfer Hub National Payment Switch Merchant Agent Customer Enterprise/Govt

Web Android IOS POS NFC QR Codes USSD IVR SMS Automated Tterminals Teller Machine Single Platform with . . .

National Financial Switch Omni-channel Merchant Payments Mobile Money Microcredit & Micro HCE and Contactless MORE for Digital Economy Banking Saving Payments

Multi-threaded True Micro-service Elliptic Curve Cloud-enabled Flexible Implementation and non-blocking Architecture Cryptography - 256 bits hierarchical Multi-Tenant of Use Cases architecture System

10 Thank You !

Contact No. Headquarters +1 516 214 9918 Panamax Inc. 100 Quentin Roosevelt Blvd Email Suite 503 Garden City [email protected] New York - 11530 Website USA www.panamaxil.com + Usecases @ + + Mobile Money+ Services Omni Channel / + Digital Banking+ Micro Finance & + Micro Savings+ Merchant Management + & Contact less+ Payments National Payment Switch + solution portfolio+ Core Banking Switch + Integration+ Customer Value Management - CKYC + - Campaign Manager+ - Loyalty & Rewards - Gamification - G2P Payments Thank You !

Contact No. Headquarters +1 516 214 9918 Panamax Inc. 100 Quentin Roosevelt Blvd Email Suite 503 Garden City [email protected] New York - 11530 Website USA www.panamaxil.com Customer Value Management - CKYC + - Campaign Manager+ - Loyalty & Rewards - Gamification - G2P Payments Central - KYC

User Mobile Application Network Central Server

ü Reducing the cost of enrolment for customers ü Mobile application based data collection, verification and authentication ü Workflow based system for multiple access channels ü Biometric data collection and digital data management system MobiFin eKYC – Solution Components

Product management Location & FoS management

Biometric, image Case management capturing & OCR

Workflow Secured data management storage

Integration with national ID, AML database & Secured KYC data black-listing access layer

23 MobiFin eKYC – Add ons Third party add-ons supported by KYC application

Live image capture (3D Face- Customer consent Optical Character Recognition recognition) (Signature) (Banks, Insurance)

Biometrics (thumb and index GPS positioning fingerprint) 24 MobiFin Campaign Manager – Solution Components

Data extraction, transformation Integration with SMS, email, & loading (ETL layer) USSD (multi-channel)

Integration with Analytics & machine CBS and other learning layer legacy systems

Campaign Automated campaign configuration implementation

25 Campaign & Rewards

Free Product Campaign (Data packs, composite packs etc.) Bulk SMS Campaigns Cash Back Campaigns

Selected User Group Campaigns Bulk App Notification Campaigns

Transaction Value based Campaigns Bulk Email Campaigns Third Party Voucher Push

Third Party Coupon Push Bulk Multi Channel Campaigns

Third party Gift Card Push Bulk IVR Reward Broadcast First N Winner Campaigns Geo Push Campaigns Every Nth Winner Campaigns

Happy Hour Campaigns i-Beacon Based Offers

Scratch N Win (Virtual scratch card) Key Value Proposition 26 Loyalty and Rewards

Channel Partner redeems Objectives loyalty points for rewards on cash

Give something to Cost effective yet increases someone in recognition of the sales their services effort or MobiFin Channel achievement Partner makes sales – CSR, B2B, Loyalty Point Customer or agent Dynamic solution for single Channel Partner B2C Reward awards Loyalty retention or multiple merchant Management points

Card-less or digital loyalty Online burn and earn of MobiFin Channel card issuance (go green) loyalty Registration validates Partner sales against registers recorded data sales against MobiFin

Effective Marketing Acquisition of Retention of Repeat Create Profitable More Information Reward Loyal Program Customers Customers Purchases Customers on Customers Customers

27 Gamification Features

• Rewards for on-boarding • Ecosystem enhancement • Suitable for all segments of invitee and host by enrolling partner • Enhances knowledge, • Enhance enrolment and programs encompasses lifestyle, adoption • Digitally spin the wheel builds social community and win exciting prizes of like-minded customers like points, vouchers or ecash

28 G2P Payments

MobiFin G2P Payment Direct Cash is an integrated Transfer solution enabling Banks to work with Governments to deliver and service Locked Subsidy Distribution G2P payments to large diversified segmented consumers based on efficiency and Public Distribution transparency System

29 National Payment Switch + solution portfolio+ National Payment Switch

Real time Decisioning Instant Payment EMV Payment 3rd party Processors Payment o Cheque Network o Inter Bank Real-time Bank o NEFT (Batch mode) o EFT Integration API Integration Layer ISO8583 Recon & Settlement o Direct Debit Bank 1 o RTGS Txn switching & Routing o Wallet to Bank Risk & Fraud Mitigation

Bank 2 Management Access Management Authorization & Authentication Card Payment Core Banking Reconciliation & Settlement Financial crimes detection o Credit Card System Bank N o Debit Card Business Intelligence o Master / VISA Card o ATM

Transactions Monitoring Mobile money Fintech National wallet Companies ID National Payment Switch – Solution

Transaction Switching, Routing Real time Online and settlement engine Transactions

CRM Analytics Backend Support for account locked, Analytics module for merchants, suspended, forgot password etc) members and Banks

MCC, MID and TID ISO 18245 Integration APIs Management

Transactions Commission and Tax Monitoring management

Alerts and OTP SMS, EMAIL, INAPP Velocity checks and Phone Call (IP, Email, NO of Transactions etc) Merchant Access Management Management Micro Finance & + Micro Savings+ MobiFin Microcredit – Solution Components

Credit scoring Transaction processing

CBS integration Product management

Data management Customer Account & Data processing Management (CAM)

BI, Analytics & Reports SMS & USSD integration

34 Nano Credit Instant small value credits

Allows to complete Results in increased Define the loan the transaction customer amount, loan even if it is shorter satisfaction, loyalty eligibility & than the defined & retention services on which it amount is available

Amount along with Earn additional a service fee is revenue through deducted on the service fees next wallet refill

35 OVERDRAFT ACCOUNT FEATURES

ü Overdraft wallets can also function seamlessly with Wallet Management positive as well as negative balances (Hybrid) ü Wallet balance can be used until max negative balance allowed limit is reached ü Wallet balance limit can be defined for overdraft Overdraft balance ü Different fees and commissions can be configured Post Paid for Prepaid, Hybrid and Overdraft wallets Hybrid ü Amount from overdraft may attract additional fees and or no additional commissions Wallet Management ü Overdraft facility can be enabled based on age on wallet, minimum monthly balance ü Overdraft frequency can be controlled based on Stored Value counters over a period of time Pre Paid ü Overdraft request can be declined if previous overdraft isn’t yet settled ü Daily / Monthly fees can be incurred on availing overdraft facility

36 MobiFin Microcredit – Use cases

Agent Handset loans loans

Merchant Consumer loans durable loans

Customer Airtime loans credit

37 Microsaving Solution

Saving instrument Transaction processing

Product Management Interest Calculation

Customer Account Management (CAM) Interest settlement

Reports & BI SMS integration

38 + Omni Channel+ Banking Omni-channel Banking Service enablement across all possible online and offline access channels

Online Portal Automated Decisioning

Cloud-based Email Document Repository API Layer

Mobile E-Signed Documents Core Banking Customer System Financial Third Party Services Institutions Branch

ATM Teller Call Center

Social Media Interaction Group Video Chat

40 Digital Banking

• Bill payments • Balance inquiry • Merchant payments • Mini statement Access Channels • E Top up • Last 5 transactions • Credit card balance details • Credit card last payment details 01 • Credit card payment due Web Android IOS PoS Payments date Terminals 02 • PIN management Informatio • E-ticketing n Services • Hotel Booking • Online Purchasing 03 • Magazine Subscription NFC QR Codes USSD IVR Mobile Commerce • Cheque book • Statement request • Fixed deposit request 04 • Forex rate request VirtualTeller Requests SMS 05 • Find an ATM/Branch Machine Transfers • Loan request • To own bank account • To third party bank account • To Debit/Credit cards

41 + Mobile Money+ Services Mobile Money Service Helping Banks to leverage mobile convergence mWallet Money Transfer Launch a digital wallet which is Let mWallet subscribers transfer tightly linked with the core mobile money to recipient’s system mWallet

Mobile Banking Subsidy Distribution Handover the power of banking Disburse subsidies to entitled to customers through mobile individuals on a timely and devices regular basis

Agency Banking MToolKit Drive financial inclusion for the Get rid of all the paperwork with unbanked via an agent network automated eKYC, due diligence, over a digitized banking system back office and sales force activities

Merchant payments Host Card Emulation Let mobile money users make Contactless NFC-based payment monetary transactions at solution that supports PA-DSS Merchant end (PoS/Terminal) standards Modules & Use-cases

Enterprise Merchant Registration eRecharges ePayments Pin Vending Wallet Services Intl Remittance Banking Mobile Money Payments •SIM Card EKYC •Airtime Top up •Power Bill •Airtime pin •Cash in •Real time •Collection •Retail merchant •Wallet to Bank •Bank Account – Flexi and fixed Payments – vending •Cash Out international Account payments transfer Opening •Airtime – Single stage •Prepaid •P2P Transfer remittance •Disbursement •Fuel payments •Bank to Wallet •NFC Tagging Special •Multi Stage bill electricity pin •Sub Wallet •Agent based Account •Supermarket/ transfer •Service Products/Plans payments vending Transfer international •Bulk Salary grocery •Debit card/ remittance Activation •Digital TV top •Tax payments •Prepaid water •Request money payments payments credit card to up – Flexi and pin vending wallet •Mobile Money •Gas Bill •Account •Bulk Subsidy •Taxi/3 Wheeler Plans Account •Water Bill •Disburse Statement distribution /2 wheeler •Wallet to Debit •Metro Card top Subsidy payment /Credit card Activation •Mobile •Pin •Bulk Airtime up Vouchers Postpaid management Distribution •Bars/night •ATM •Stored Value •Fee payments •Sales cash clubs entry withdrawal Card Top up •Landline bill collection •Restaurant •Micro •Toll Tag Top up payment •Cash vendor •Eateries Credit/Loans •Data card bill payments •Events •Pockets payment •MFI Loan •Online •Inter-bank or •Broadband bill disbursement merchant inter-card payment •MFI Loan payments transfers •Insurance collection payments

44 Intelligent Money Transfer Hub

Enterprise

E2P P2P unregistered Enterprise Customer Merchant

P2E P2P

Agent

A2P M2M Merchant Agent

M2A

P2M Assisted P2P

45 Merchant Management + & Contact less+ Payments Merchant Payments – Pay@Store

• Contact Less Payments Via (NFC) • Card PAN stored in secured mode using Tokenization 01 Tap n Pay using HCE & NFC Tap n Pay

• Dynamic/Static QR code to process the payments. • Single QR for Payments in the country QR Code

Customer completes the transaction by entering the OTP or MPIN at the Merchant PoS or in the App. OTP 02 03 QR Code Multiple Terminals can be Reconciliation Management for OTP Based scanning associated to a merchant account Merchants Point of Sales Hardware Our wide range of PoS devices work in tandem with the highly-secure MobiFin platform to deliver a multitude of banking and financial services to BFSIs, agents, merchants and more

TPS TPS TPS TPS 390 350 900 570

T1000/ T300 SP530 T810 T700 T800

Xip DESFIRE EV1 – 4K wrist brand Panamax HCE Solution

HCE based NFC payment solution

Supports online and offline PoS transactions

Enables all card types – from branded/co-branded/private label/debit

Based on Visa/MasterCard Cloud based Contactless specifications

Uses alternate PAN instead of original PAN card

Easy integration with any new or existing Wallet System provided by Issuing Bank

Hosted in AWS/Private Cloud/Third party processor data centers HCE Payment system overview

Validation Advice, Detokenized Data for Issuer Add/Delete Card Request Secured Bank Cloud Authorization Authorization ISO 8583 Systems Tokenization Server Mobile App AES CMS TMS

HSM HSM HSM HSM

Card Profile, Tokens Tokenized Data Payment Network (Processor, Issuer, ISO 8583 Card Network)

HCE SDK ISO 8583 Tokenized Data WhiteBox Cryptography TAP Tokenized Data Master Card 1 Card 2 Card N Visa SDK Acquirer Card SDK ISO 8583

NFC PoS Terminal + Core Banking+ Switch CBS EVOLUTION

1970-1980 1990-2000 2010-2017 • CBS Enabled basic • Flexible and • Core Architecture functionalities for customer centric • Risk Management, Core Banking SOA and Multi- regulations and Transactions Channel growth of • Online Banking built M-Banking

1980-1990 2000-2010 Present • Developed in • Multi-channel • Scalable, Silos, legacy CBS convergence Adaptable, Agile were product • Big Data, Analytics and Economical centric and Cloud Based Solutions • Bank of Scotland Platforms – 1st to offer Internet Banking Service

Scalable-Adaptable-Agile-Economical 52 CBS Architecture

ATM SMS Banking Net Banking Mobile Banking Service Outlet Kiosk Call Centre /IVRS

INTERFACE CASA PRODUCT MANAGEMENT Recurring deposits UTILITY Term Deposits Flexi Deposits Remittances Payment Gateway

RTGS / NEFT CORPORATE MANAGEMENT CUSTOMER MANAGEMENT

Limits Auto Risk Calc Credit Risk Deposits Loan & Advances DMS CTS Liquidity Management Circular Mgmt Loan Sanction Lockers Imaging Module

NACH CREATE / VERIFY TRANSACTION VIEW/ANALYZE REPORTS

PDA Payroll Mgmt ALM Lockers Daily Reports Alerts

Audit Trail Sweep Mgmt Branch MIS BI/ Daily Reports Agent Reports ATM (Host-Switch) DMS Interest Mgmt Teller Ops

53 + WHY MobiFin+ Elite? Why

# Customer Need MobiFin Elite 5.0 Response Protect customer data, access, MobiFin Elite 5.0 employs Elliptic Curve Cryptography (256 bits) for both 1 clients. Digital Signatures and Encryption/Decryption Industry’s most advanced security High scale and capacity platform via multi-threaded and non-blocking 2 Optimize CAPeX – Optimal TCO architecture MobiFin Elite 5.0 employs true microservices architecture for high scale with 3 Optimize CAPeX – Optimal TCO in-memory operational highly available data-structures (versus using expensive database HA replications and third party hardware and software) Insightful monitoring and debug facilities via the microservices of log-event 4 Optimize OPeX – Efficient operations and statistics management via MobiView and MobiTrack tools Cloud native ready application for deployment via containerization 5 Deployment flexibility to control cost (Docker/Swarm/Kubernettes), hybrid cloud or on-premise deployment based on customer choice Completely customizable platform from Dynamic in-bound APIs, to dynamic 6 Rapidly deploy new services message creation, to dynamic state machine handling to dynamic vendor integration – for an end-to-end dynamic service deployment experience Panamax CMM process goals • Preparation: For traceability from customer issues back to requirement specifications, we will administer a strict number plan and versioning for the documents so that the requirements are traceable as they make their way R&D engineering, QA, D&S and customer deployment

• Target for first Audit – Q1/2020

• Specific Goals: Specific goals are relevant following process areas as follows

Panamax CMM L3

1. Requirements 2. Technical 3. Product 4. Product 5. Product 6. Product 7. Project/Cust 8. Decision and Part Solution Integration Verification Validation Delivery Management Analysis

PMG R&D Engineering Quality Assurance Deliver & Support All

• Generic Goals: Generic goals are relevant to all process areas for CMM L3 as follows

Panamax CMM L3

1. Commitment 2. Ability to 3. Directing 4. Verify to perform perform Implementation implementation Panamax CMM Initiative

• Initiative: Initiative to attain CMM-DEV level 3 certification for Mobifin Elite first and other verticals later • Goal: Systematic, disciplined and quantifiable approach to product management, development verification, operations, maintenance and customer handling • Integrated Product and Process Development (IPPD) – systematic/Pragmatic approach to product development that achieves timely collaboration of stakeholders through the product lifecycle to better satisfy customer needs • Overall goals: It should answer the following: • How do I know: • What we are good at? • If we are improving • If the process we use is working well • If our requirements and change management process is useful • If our products are as good as they can be

• Panamax goals: Ensure traceability of feature requirements, to product development, verification, validation, deployment, customer satisfaction. Any feature issue at a customer deployment must be traceable back to requirement documentation, to find where the ball was dropped • Capable Process: A capable process is Defined, Documented, Practiced, Supported, Maintained, Controlled, Verified Validated, Measured and has the ability to be Improved Security – Comparison with Traditional Methods

Minimum size (bits) of Public Keys Keys Size Ratio

Security (bits) DSA/RSA ECC ECC to RSA/DSA Valid 80 1024 160-223 1:6 Until 2010 112 2048 224-255 1:9 Until 2013 128 3072 256-383 1:12 Beyond 2031 192 7680 348-511 1:20 RSA enabled ECC 256 offers 256 15360 512+ 1:30 the most secured experience ever to a Fintech RSA AES DES Blowfish platform through its small Asymmetric Cryptography Symmetric Cryptography Asymmetric Public Key Symmetric Key Block Cipher key size and asymmetric Public key cryptosystem for Can be used as an informal cryptography key exchange or digital replacement DES or IDEA signature or encryption of block of data

Key size is 1024 to 4096 bits Key size is 128,192 and 256 Key size is 56 bits and block Key length variable from 32 bits size is 64 bit length to 448 bits and block size of 64 bits Most secure Unsecure due to small size Weak keys causing easier attacks

58 Security – Comparison with RSA

Crypto System/Feature Elliptical Curve RSA Comments s 256 bits provides exceptional crypto strength Equivalent is 3072 bits key length ECC – better security for lesser computing power. Key Sizes 1024 key RSA currently used. 512 bits provides extraordinary crypto strength Equivalent is 15360 bit key length ECC affords key generation and operations on mobile Security to key Key lengths grow exponentially for the same level of Key lengths grow linearly for increase security devices enabling secure transactions from mobile Lengths security increase in ECC devices Big advantage of ECC is that the shared secret can Can be used as both asymmetric and symmetric. Used for asymmetric system – Encryption/Decryption is Crypto system change for each transaction and need not be No symmetric shared key distribution needed. expensive and is used for key distribution of shared keys distributed to the other end ECC 256 bit keys are 10,000 times harder to break See table below for Machine Days for brute force Brute Force Pretty strong for key lengths 2048 than 2048 bit RSA keys attack on ECC

ECC Key Lengths in bits 64 80 89 96 112 128 160

Tm – machine days to break 0.5 233 4360 86166 3.01 x 107 1.01 x 1010 1.02 x 1015

* Based on purpose built ECC processors – 1.5GHz, 64 bit multiplier providing extremely high 6000 ECC ops per second

* To break 96 bit ECC, we need 86,166 such machines working 24 hours a day

59 Architecture – True Microservice

Execution units breaking down a service into multiple sub execution units

Strengthening MobiFin Elite through Microservice Architecture

Indigenous framework enabling Facilitates efficient and cost-effective Supportive of flexible Inter-Microservice messages change control multiple iterations

Tight Kafka integrated Dynamic Optimum utilization of the hardware SoA Thread Pool for faster processing Architecture

Non-blocking asynchronous process Better Configurability of the system Single component for parallel processing in minimal time scaling

Continuous Integration/Continuous Delivery model of deployment

60 Redundancy – High Availability with Disaster Recovery & Multi-tenancy

Driving Disaster Recovery plan through Recovery Time Objective Internal Kafka extensions (RTO) and Recovery Point Objective based service (RPO) Optimal usage of hardware management for High and software eliminating availability and service issues with traditional continuity software licensing and upgrade model HA framework built with Kafka extensions for context based mirroring and micro-service logic

Efficient Disaster Recovery Solution so Cloud-enabled Multi-tenant System with the servers are never down, even customized configuration ensuring reduced during routine maintenance OPEX for customers

61 LOW CUSTOMIZATION COST MobiFin Elite USP MULTI TENANCY Easy Personalization & Multiple Tenant Management Localization Multiple Currency Management Workflow configs Multiple Time zone Management

ECOSYSTEM FITMENT SECURITY Ease of Integration Unique Device Authentication Standard API’s Strong Encryption / Decryption- ECC Cloud ready Authentication & Authorization policy MobiFin Elite

OPTIMAL DESIGN ROBUST & SCALABLE Microservices driven architecture High Performance memory mapped files Optimal Resource utilization Application based replication for HA Open source backend Scalable, reliable & extensible

USABILITY Granular Log Events Alarms & Statistics for monitoring Our Journey

Revenue Assurance and Telecom Billing Solutions Launch of Fintech Mobile Wallet Fraud Management Services Launched MobiFin Introduced and Payment Solutions added to product portfolio Elite 5.0

Digital Banking / ü Block-chain based mobile National Payment wallet launched Establishment of Network Switching Switch Solutions ü MobiFin announced 'Best Panamax Subsystem (NSS) launched launched Mobile Financial Solution 2018'

2001 2005-07 2009 2010-11 2012-13 2016 2017-18 2019 Awards & Recognition

2015 2016 2016 2018 Best Innovation by an ICT Unified Communications Communications Solutions Best Mobile Financial industry Gold Award from Product of the Year 2016 Product of the Year 2016 Solution by CV Magazine GESIA

2015 2016 2017 2019 Fintech Innovation Awards- Internet Telephony TMC CUSTOMER Magazine Most Promising Fintech 2015 for Emerging Markets Labs Innovation Award Product of the Year 2017 Solution Provider