Mahindra Comviva Bags Three Awards at Aegis Graham Bell Awards for its Innovative Solutions
· Wins in ‘Service Innovation’ and ‘Innovation in mCommerce’ for its ‘RADAR’ and mobiquity® Wallet mTap solution
· ‘TerraPay’ awarded in the “Innovative Payment solution” category
New Delhi, India – 13 February 2017: Mahindra Comviva, the global leader in providing mobility solutions, today announced that it has won three awards at the prestigious Aegis Graham Bell Awards at a glittering award ceremony held recently in New Delhi. The award ceremony was attended by Hon’ble Minister Dr. Jitendra Singh, Minister of State in the Prime Minister’s Office and Dr. Sam Pitroda, Father of Indian Telecom Revolution.
Mahindra Comviva’s RADAR won the award for “Service Innovation”; mobiquity® Wallet mTap for “Innovation in mCommerce” and TerraPay in the “Innovative Payment solution” category.
Mahindra Comviva’s Rapid Auto Detection and Advanced Reporting (RADAR) is an autonomous model that facilitates the capture of data pertaining to QoE, performance and QoS. This is carried out through a combination of mobile simulation, trend analysis and data analytics. It helps operators identify and resolve service-related issues, improve customer satisfaction, reduce churn, and enhance their market position.
mobiquity® Wallet mTap is an end to end HCE mobile payments solution including Tokenization. It allows banks to quickly deploy contactless HCE payments solutions by providing a cloud abstraction layer of the complex rules and regulations in mobile NFC payments. The mobiquity® Wallet mTap HCE offering allows payment applications that reside on consumer’s device to emulate card payments at the NFC interface. Tokenization strengthens the security in an HCE payment solution by replacing sensitive data with unique identification symbols that retain all the essential information about the data without compromising its security. mobiquity® Wallet mTap has enabled a leading private sector bank in India to launch country’s first HCE-based contactless payments at NFC POS.
TerraPay, a mobile-first international payment network incubated by Mahindra Comviva offers wholesale remittance service to wallet providers. Built on a unique model, TerraPay digitizes the entire payments chain by connecting the expanding mobile wallet infrastructure. It interconnects financial services providers, mobile wallet service providers, money transfer operators and banks and payment platforms – to create a ‘one network’ for secure and seamless transnational movement of funds. It facilitates a broad transaction set including interpersonal transfers, e-payments and government disbursements.
Manoranjan Mohapatra, CEO, Mahindra Comviva, said “We are delighted to receive these awards, as they are recognition of our ability to deliver innovative solutions and services for the service providers. With innovation at the heart of our business strategy, we believe that by delivering world-class mobility solutions to our customers, we will not only enable business transformation but also social and economic transformation of all sections of the society. We will continue to innovate and build a sustainable mobile ecosystem for our customers.”
Aegis Graham Bell Awards 2016 recognizes innovations in the field of Telecom & SMAC (Social, Media, Analytics, Cloud) with support of Convergence India, Cellular Operator Association of India (COAI), Telecom Centers of Excellence (TCOE) and Deloitte as Knowledge Partner. The award is aimed for creating an ecosystem to promote innovation, entrepreneurship and to recognize outstanding contributions in the field of Telecom & SMAC as a tribute to the father of the telephony, Alexander Graham Bell. It has gained tremendous credibility in terms of having unique & a transparent selection process, wider reach across Telecom & SMAC domains.
About Mahindra Comviva
Mahindra Comviva is the global leader of mobility solutions catering to The Business of Tomorrows. The company is a subsidiary of Tech Mahindra and a part of the $17.8 billion Mahindra Group. Its extensive portfolio of solutions spans digital financial services, customer value management, messaging and broadband solution and digital lifestyle services and managed VAS services. It enables service providers to enhance customer experience, rationalize costs and accelerate revenue growth. Mahindra Comviva’s solutions are deployed by over 130 mobile service providers and financial institutions in over 90 countries and enrich the lives of over a billion people to deliver a better future. In January 2016, the company acquired a controlling stake in Advanced Technology Solutions (ATS), a leading provider of mobility solutions to the telecom industry in Latin America to strengthen its in-region presence. For more information, please visit www.mahindracomviva.com
