All Financial Services vertical articles
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Products & Services
Mexican telco quad launch Open Gateway security APIs
Mexico’s four mobile operators have rolled out the first three network APIs in the country, expanding the GSMA’s Open Gateway initiative in Latin America. As with other Open Gateway releases, the early focus is on fraud prevention tools.
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M&A
Orange set to check out of Anytime fintech subsidiary
Orange continues to wind down its retail banking business in Europe with exclusive negotiations now taking place over the sale of Orange Bank fintech subsidiary Anytime.
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People
AtlasEdge names chief to lead new ops function
European data centre provider creates new Business Operations function, and appoints IT and telecoms aficionado Raoul du Plessis to lead it. Appointment is next in AtlasEdge’s series of management team changes seen over the past year…
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Partnerships & Alliances
Telefónica and CaixaBank rejig device finance tie-up
CaixaBank and Telefónica combine two separate financing joint ventures into their Telefónica Renting tie-up in Spain in latest development between the long-time partners.
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People
Álvarez-Pallete joins Glow after Telefónica exit
Former Telefónica chief takes on an advisory role at telecoms/fintech player in first new job since his exit from Telefónica.
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Financial & Performance
Beyond mobile: Vodacom invests in non-core services as a major driver of growth
Q3 FY24–25: Operator on track for ‘beyond mobile’ to contribute a quarter of Group service revenue as it advances a ‘dual-sided’ financial services ecosystem. Vodapay and M-PESA continue to play central role in Vodafamily growth, but newest market Ethiopia not yet pulling its weight…
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Innovation (R&D)
BT to create unified innovation function as Division X, Etc. combine
Group seeks to “sharpen” connectivity focus and meet evolving customer needs with new innovation team, under the watch of Tom Meakin’s Strategy & Change team. Longstanding Etc. chief Tom Guy leaves the Group, while Business’s Division X joins forces with the ‘startup from within’…
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Venturing & Investments
Telefónica adds Weecover to stable of insurtech startups
Telefónica bets on embedded insurance with investment in Spain-based startup Weecover, following service launch in Germany.
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Strategy & Change
BT shuts healthtech incubator as digital unit Etc. changes shape
‘Startup from within’ Etc. refocuses on a handful of more promising verticals, leaving healthtech out of future plans and prompting a change of tack for EV R&D. Comes amid wider innovation and incubation change at BT Group…
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Products & Services
BT targeting healthcare with collaborative approach
BT registering new hy healthtech trademark, as Etc. incubator develops niche with partners.
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Enterprise (B2B)
Vodafone puts network APIs to work to fight fraud
Vodafone reveals how it is opening network functionality via APIs to defend consumers and businesses from scams, with new markets lined up…
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Financial & Performance
Safaricom pushes homegrown smartphones to keep mobile data momentum
Kenyan operator looks to boost 4G smartphone penetration to fuel customer and mobile data service revenue growth, but challenging economic conditions leaves consumers with less money to spend on new devices.
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Financial & Performance
Safaricom takes hit from Ethiopia biz but stays upbeat on long-term potential
More tumult from Safaricom’s Ethiopian venture as local currency depreciation pummels the Group’s earnings in H1 FY24–25, but Chief Executive Peter Ndegwa keeps eye on long-term prize from growing market.
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Strategy & Change
BT Radianz is latest B2B unit to be put up for sale — report
Group reported to be looking for buyers for financial services unit in latest move to slim down, cut back.
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Financial & Performance
BII weighs impact of Safaricom’s shakeup in Ethiopia
A British International Investment report finds that the UK government’s backing of Safaricom Telecommunications Ethiopia is adding energy to the market, but headwinds make for mixed picture for startup operator.
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People
BT Peoplewatch: Wholesale in transition as Business evolves
20+ senior and strategic changes at BT, including: more exits from BT Wholesale; fresh engineering setup at Openreach; architecture leadership moves; and strategic transformation appointments at Group and Business…
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Strategy & Change
Brazil’s Vivo gets Central Bank nod to expand in fintech
Central Bank of Brazil grants licence for operator to expand credit and insurance products and grow its presence in the fintech space.
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Network & Infrastructure
NTT DATA: Embracing open network to monetise telco investment
Vendor-neutral technology service provider upbeat on opportunities for telecom operators to make profitable returns on investment in next-generation infrastructure — if they step up to the challenge of managing the complexity of open networks.
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Weekly Briefings
Telefónicawatch Weekly: Spain puts more rural 5G cash on the table
Telefónica España among operators eligible for extra public funding to expand 5G SA services in rural parts of the country.
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Innovation (R&D)
BT’s Etc. partners fintech leader to drive Group platform play
As Etc.’s BT Tap to Pay technology expands to the Android ecosystem, the innovation accelerator’s John Gutch tells TelcoTitans that his fintech unit is taking a flexible approach to monetising BT Business connectivity strengths.