NowVertical Clinches $1.5M Deal with South African Bank

NowVertical Group Inc (TSE:NOW) has released an update.

NowVertical Group Inc., a prominent data analytics and AI firm, has secured a $1.5 million, 3-year contract renewal with one of South Africa’s major banks for its NOW Privacy software, marking a shift from annual agreements to a more significant long-term commitment. The software is crucial for managing over a billion unstructured data records, ensuring compliance with South Africa’s POPIA, and bolstering the bank’s data management and security. This deal reaffirms NowVertical’s status as a trusted partner to leading global financial institutions.

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