Spreading Prosperity Through Cloud Computing In the wake of the recession, bankers have got a lot of flak by betting on dodgy investments while still managing to make million-dollar bonuses. However, there’s no denying that banking, especially of the retail variety, is a necessary ingredient of society. In poorer areas of the world where retail banking services are absent, cooperative banks have sprung up to meet this need. And cloud computing is having an impact there. Wikipedia defines cooperative banks as follows – “Like credit unions, cooperative banks are owned by their customers and follow the cooperative principle of one
Mobile banking
CloudTweaks Partnership with CIO Summit Europe 2011 Cloudy with a chance of services You’d have to be living under a rock to have escaped the buzz being created by cloud computing. For businesses the cloud can offer tremendous benefits. But it also presents significant challenges for both clients and service providers. To the IT fraternity, it’s the biggest thing since portable hard-drives. Cloud computing – the industry darling that allows an organization to run all its applications through a traditional corporate data centre. Aimed at improving systems, cutting costs and making data storage and access far easier to scale, the
Breakthrough Launch at Mobile World Congress Transforms the Way People Communicate and Stay Connected. LONDON, UK January 18, 2010 – Movirtu, the Cloud Phone(TM) company today announced the launch of ManyME(TM), a revolutionary new patent pending product for mobile service providers, allowing them to create new services for everyone with multiple SIMs and mobile devices who seeks a single identity under their own control. Movirtu is the leading pioneer in Mobile Identity Management (MIM) solutions for the wireless telecommunication market. Bringing its revolutionary identity manager capability to oversee subscribers identity across multiple devices, the company will debut ManyME(TM) at Mobile
Part 2: Apps for Africa: Mobile Cloud Computing to Accelerate Innovation Continued From Part 1 Every cloud has a silver lining, a lining that emits beams of hope onto the continent it traverses. Africa’s horizon has seen many clouds that have only passed on to deliver rains to the rest of the world. However, one cloud spreads across the African continent, breathing a new hope of life on a part of the world that has always been referred to as a dark continent. That cloud is called the mobile cloud. Mobile cloud computing is not a new trend in Africa,
Series A Investment will Support International Expansion and Extension of the Cloud Phone™ Product Portfolio LONDON, UK November 11, 2010 – Movirtu, the Cloud Phone™ company and supplier of innovative network infrastructure solutions for mobile operators servicing rural poor communities located in Africa and South Asia, today announced it has raised US$5.5 million Series A investment to support its international expansion and extend its product portfolio to high growth applications for developed markets. The investment was led by TLcom Capital LLP with the participation of existing investor Gray Ghost™ DOEN Social Ventures Coöperatief, U.A. TLcom Capital’s Managing Partner, Maurizio Caio,
