All Financial Services vertical articles – Page 6
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Products & ServicesVodacom eyeing M-PESA’s biggest money transfer yet?
M-commerce froth suggests possible eight-figure valuation for M-PESA. High-profile friends could add further appeal. Joosub showing signs of monetisation interest, possible temptation.
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Products & ServicesJoosub hints at pan-African ambitions for Vodacom’s Super App
Vodacom CEO Shameel Joosub says Alipay-backed “Super App” could “transform the continent”. Super App’s enterprise offering will build on current VodaTrade and VodaPay functionality, with Vodacom targeting SMEs in its expanding financial services goals.
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M&AVodafone readies cheque for Egyptian fintech players
Vodafone Egypt signs MoU for minority stakes in digital payment players Bee and Masary. New Vodafone Egypt CEO Abdallah seeks to paint deal as part of “promising” strategic investment plan, following Group’s failed exit.
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PremiumVivo selects Ericsson for charging solution
B2B and B2C charging consolidated on vendor’s OpenStack-enabled Ericsson Charging platform. Agreement builds on 2012 BSS partnership, with an eye to deployment of emerging 5G products and use cases.
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Venturing & InvestmentsElsewhere in Telefónica Venturing: Wayra buys into retail
Wayra doubles up on retail and fintech focus. Brazilian portfolio trimmed further with LinkApi exit.
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Strategy & ChangeElsewhere in Telefónica Group: on the IPv6 trail
Telefónica back on IPv6 development trail; Group lands substantial CAP pay-out; TIM in on Telefónica-backed open RAN alliance.
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Partnerships & AlliancesT-Mobile MONEY partner banks contract extension
White label banking provider BankMobile flags the success of its T-Mobile partnership as a contract extension is signed and Sprint customers added. Vendor aims to add another “large” partner due in 2021.
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Partnerships & AlliancesTelefónica and BBVA tie on Movistar Money joint venture
Consumer finance business green-lighted for launch in Colombia. Group extends partnership with stakeholder BBVA. Move continues recent refresh of Telefónica’s financial services partnerships.
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Venturing & InvestmentsSeed investment planted in BT procurement partner Paid
Multi-source investment boosts fintech solutions provider. Clear upward trajectory since its infancy, as Group CPO waxes lyrical about Paid solutions, amid recent macroeconomic turmoil.
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Partnerships & AlliancesT-Systems taps Finoa for crypto-banking bet
Crypto-assets secured, housed, and traded by T-Sys MMS via tie-up with Berlin-based Finoa. Another string to DT’s blockchain bow. Dittrich: partnership an answer to “structural challenges”.
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Partnerships & AlliancesT-Mobile banking partner recalibrates with sale
Customers Bancorp to sell T-Mobile MONEY enabler BankMobile. BankMobile to be rebranded as BM Banking.
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Products & ServicesVodacom tags Alipay to launch digital services “super app”
Partnering a world-leader may be indicative of ambitions for mobile payments, and maybe also e-commerce. Early stage African venture for Alipay, but strategic investor Alibaba has been spinning up regional strategy for several years. Where do M-PESA and Safaricom fit?
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Network & InfraVivo launching 5G DSS in Brazil, semi-committing to Huawei infra
Telefónica’s NatCo to launch 5G network on refarmed spectrum this week, as COVID-19 holds up frequency auctions. DSS employed but workaround deemed“not ideal”. Vivo VP gives tentative green light to Huawei, despite increasing regulatory threat to Chinese-backed networks. Host of new digital ...
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Products & ServicesTelefónica picks new banking buddy
Commerzbank’s comdirect to support refresh of O2 Germany’s O2 Banking service, after break-up of relationship with launch partner Fidor Bank.
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Products & ServicesO2 switches out banking partner
Fidor relationship, formed in 2016, does not appear to have set world alight.
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Products & ServicesM-PESA set for expansion as deal is agreed
Decentralisation billed as way to unlock new phase of expansion.
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PremiumTelefónica deepens Microsoft cloud alliance
Microsoft plans to open a new ‘Azure region’ for data centres in Spain and use Telefónica infrastructure to create a joint cloud services offering.
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PremiumCustomers Bancorp may pull rug from under T-Mobile MONEY
T-Mobile US partner Customers Bancorp provided further signals of a coming sale of its BankMobile digital division, which underpins the T-Mobile MONEY digital banking service launched by the NatCo in mid-2019.
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PremiumVodafone pulls support from Facebook’s Libra
Vodafone backtracked on its support for the Libra Association, the Facebook-led crypto currency initiative
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PremiumCroatia: Hrvatski Telekom launches digital banking service
Following a pilot, Hrvatski Telekom (HT) launched a digital banking service called Telekom Bankarstvo, in partnership with UniCredit-owned Zagrebačka banka (Deutsche Telekomwatch, #82).