Key Developments: eServGlobal Ltd (ESV.AX)

ESV.AX on Australia Stock Exchange

25 Jul 2014
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Latest Key Developments (Source: Significant Developments)

eServGlobal Ltd announces appointment of new chairman
Sunday, 29 Jun 2014 09:00pm EDT 

eServGlobal Ltd:Announces appointment of Duncan Lewis as the new Non executive Chairman of its Board of Directors.Duncan will take up this position, from Acting Chairman Steve Baldwin, effective June 30, 2014.  Full Article

eServGlobal Ltd and BDCOM Online Ltd. sign MoU to extend mobile financial services in Bangladesh
Wednesday, 19 Feb 2014 03:05am EST 

eServGlobal Ltd and and BDCOM Online Ltd:Announces the signing of a MoU (Memorandum of Understanding) to explore the possibility of entering into a joint venture for the purpose of providing a platform for Mobile Financial Services across Bangladesh.  Full Article

eServGlobal Ltd does not declare dividend
Thursday, 30 Jan 2014 07:50pm EST 

eServGlobal Ltd:Says no dividends were declared or paid during the financial year 2012.  Full Article

eServGlobal Ltd enters agreement to issue shares
Monday, 23 Dec 2013 02:03am EST 

eServGlobal Ltd:Says it has entered into a subscription agreement with an existing Australian institutional investor for the company to issue 4.5 mln fully paid ordinary shares.At A$$0.75 (0.41 pound ) per share, a 3.8 pct discount to the closing price on the ASX on Dec. 19 of A$$0.78, raising A$$3.375 mln (about 1.843 mln pound).There are no fees payable on this placement.It is expected that the shares will be issued on Dec. 30.  Full Article

MasterCard Inc, eServGlobal Ltd and BICS create remittance joint venture
Thursday, 19 Dec 2013 02:00am EST 

eServGlobal Ltd:Announces, together with MasterCard Inc and BICS, the formation of HomeSend, a joint venture (JV) which will enable consumers to send money to and from mobile money accounts, payment cards, bank accounts or cash outlets-regardless of their location or that of the recipient.Says the HomeSend JV will leverage the current HomeSend platform, a remittance hub based on eServGlobal technology and developed as part of a strategic partnership between eServGlobal and BICS.Says HomeSend has live deployments in 50 countries and commercial contracts with mobile network operators (MNOs) and money transfer operators (MTOs) that represent more than 1.2 billion subscribers.Says by connecting the worldwide community of telecom partners and MTOs to the more than 24,000 financial institutions on the MasterCard network, the HomeSend JV will provide consumers flexibility for sending or receiving funds and enable cross border remittance payments worldwide.Says MasterCard will own a controlling share of the HomeSend JV.  Full Article

eServGlobal Ltd to Provide Mobile Money for Multinational Mobile Operator Group
Tuesday, 30 Apr 2013 02:03am EDT 

eServGlobal Ltd announced that the Company has won a USD 12 million strategic framework contract with a major mobile operator group in the Middle East and North Africa. Using eServGlobal's software, this operator group will deliver end-to-end mobile money services to its subscribers across countries in the Middle East and North Africa.  Full Article

eServGlobal Ltd Appoints New CEO and CFO
Tuesday, 30 Apr 2013 02:01am EDT 

eServGlobal Ltd announced that it has appointed Mr. Paolo Montessori as the new Chief Executive Officer and Managing Director, and Mr. Steve Blundell as the new Chief Financial Officer.  Full Article

eServGlobal Ltd Announces Board Changes
Monday, 29 Apr 2013 06:27pm EDT 

eServGlobal Ltd announced the appointment of Paolo Montessori as Chief Executive Officer (CEO) and Managing Director and Mr. Steve Lundell as Chief Financial Officer of the Company effective April 30, 2013.  Full Article

eServGlobal Ltd Announces Partnership With AIRTAG
Monday, 25 Feb 2013 04:29pm EST 

eServGlobal Ltd announced a partnership with AIRTAG, a provider of mobile shopping eco-system innovations and secure applications, to supply an NFC mobile transit app for a mobile network operator in the Middle East. eServGlobal and AIRTAG will work together on provisioning a mobile application for contactless ticketing for a public transport system so that travelers carrying an NFC enabled phone can use their phone as a transportation pass, access transit account balances in real-time and view their recharge history. The first phase of this project will focus on provisioning the NFC transport app with an architectural framework for an easy upgrade to a full mobile wallet solution that enables the recharge of a transit pass via a mobile money account, loyalty schemes and couponing. A full mobile wallet would also enable the ability to complete in-store NFC payments, person-to-person money transfers and bill payments.  Full Article

eServGlobal Ltd to Supply VAS Solution to Australian Network Provider
Wednesday, 6 Feb 2013 02:00am EST 

eServGlobal Ltd (eServGlobal) announced that it has signed a new contract with Australian network provider, AAPT Limited for provision of an Interactive Voice/Video Response (IVR) solution to interface with its Intelligent Network (IN) platform for prepaid subscribers. eServGlobal will supply the IVR solution via its Value-Added Services (VAS) Platform. The IVR solution is a standardised, scalable and cost-effective interactive voice/video response solution. This functionality is an important part of network infrastructure and a comprehensive service offering. eServGlobal is committed to providing the essential infrastructure that operators rely on to meet the varied needs of their users. IVR solutions have a wide and diverse range of uses and can be integrated into a mobile money platform. This is an attractive option in emerging markets where the IVR functionality can address accessibility issues of illiterate and unbanked customers.  Full Article

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