2020-09-10 09:48 ET - News Release
Also News Release (C-GIB) CGI Inc
Mr. Allan Rosenhek of Mobi reports
MOBI724 GLOBAL SOLUTIONS SIGNS A COMMERCIAL AGREEMENT WITH CGI
Mobi724 Global Solutions Inc.'s wholly owned subsidiary, Mobi724 Smart Transactions Inc., has entered into a subcontracting agreement with Conseillers en gestion et informatique CGI Inc., a subsidiary of CGI Inc., to provide CGI with some of its processing platform solutions as part of a custom development initiative commissioned from CGI by a third party.
CGI and Mobi724 Smart have agreed on the fees to be paid to Mobi724 Smart by CGI for the customization of the Mobi724 Solutions for the Project. The initial scope of the Project is expected to be completed within 24 months.
Marcel Vienneau, CEO of Mobi724 Global, said: "We are very proud that both our transactional data processing platform and the expertise of our IT team meet the demanding standards that are required for a project of this nature. We are excited to commercialize Mobi724's market offering alongside such an industry leader."
About CGI
Founded in 1976, CGI is among the largest independent IT and business consulting services firms in the world. With 78,000 consultants and other professionals across the globe, CGI delivers an end-to-end portfolio of capabilities, from IT and business consulting to systems integration, outsourcing services and intellectual property solutions. CGI works with clients through a local relationship model complemented by a global delivery network that helps clients digitally transform their organizations and accelerate results. With annual revenue of C$12.1 billion, CGI shares are listed on the TSX (GIB.A) and the NYSE (GIB). Learn more at cgi.com.
About Mobi724 Global Solutions Inc.
Every Transaction is An Opportunity
Mobi724 Global Solutions Inc. (TSXV: MOS) is a fintech company which provides a platform, that enables banks and merchants to offer their customers real-time payment card-linked incentives, in a white-label format. Mobi724's objective is to add a layer of AI-driven actionable intelligence to every payment transaction, creating engaging consumer experiences & generating incremental commercial opportunities to its clients.