Tuesday, June 12, 2007 1:06:12 AM
There have been so many posts to read it has been difficult to keep up! I was reading the Union Bank PR again and have been doing a little more research. Maybe other members of the board have already covered this, but I thought it was worth mentioning.
From the PR http://allafrica.com/stories/200705280217.html, Jack Chang is the lead consultant of the consortium that the Union Bank of Nigeria signed on. Another member of the consortium is ElectraCard Services (ECS) http://www.electracard.com which is a subsidiary of Opus Software Solutions http://www.opussoft.com/main.htm.
Opus and Electra have a big presence in India, Asia and now are part of the consortium with EFGO in West Africa... with Jack Chang as the lead consultant.
Take a look at the Opus and Electra websites and read the press releases. It will be interesting to see if Jack Chang and EFGO build any direct relationships with Electra and Opus in the future because of their contact in West Africa... Just speculation on my part. I feel the connections and associations that Jack Chang has in the ATM, Debit and EFT world will continue to amaze us as more associations are forged and partnerships are revealed.
To me, the Union Bank of Nigeria consortium is exciting, because if the group is successful there, they may continue to expand into other countries where some members of the consortium are already doing business.... like India. Just a thought.
Good night everyone. Looking forward to the future.
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