All Financial Services vertical articles – Page 3
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EventwatchArch 2022: Vodafone steps up call for DAB drivers
Jorge Bento asks vendor community to help build use-cases.
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PeopleTelefónica’s consumer lending lead exits
Cristina Perea leaves loans service Telefónica Consumer Finance after playing her part in Telefónica Renting plans.
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OperationsM-PESA set for Ethiopian expansion
Move finally set to go ahead after significant delays.
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Products & ServicesGreece’s OTE heads into fintech
Telco’s CEO describes launch of smartphone payments app as “next big step” for business.
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Strategy & ChangeSafaricom’s M-PESA will be ‘standalone entity’
M-money business will reportedly separate in coming months.
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PremiumElsewhere in BT Global: unit to “enhance” payments tech portfolio with Mako tie-up
BT takes payments to the cloud with tech buddy Mako.
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Partnerships & AlliancesTelefónica Tech forges “advanced” AI partnership
Operator’s digital services division pens strategic agreement with Sherpa.ai.
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M&ABT rescues startup to help prep fintech expansion
Acqui-hire move sees Wales-based Monva amalgamated within BT’s digital services division.
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PremiumTelefónica Innovation & Venturing Roundup: Metaverse push continues with Gamium investment
Telefónica continues metaverse push; Wayra Hispam warns of economic impacts on investments.
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Innovation (R&D)BT’s Etc. to incubate, accelerate as “startup from within”
Speaking to TelcoTitans, Head of Product Zoe Dyer talks up the work of new incubation unit Etc.
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Strategy & ChangeSafaricom eyes African deals to “turbocharge” fintech play
Kenyan operator on lookout for acquisition opportunities to fuel expansion of M-PESA footprint and broaden out its digital services portfolio.
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Strategy & ChangeM-PESA boss eyes South American tie-up
Flagship service’s MD receiving “a lot of interest” from possible LatAm partners.
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Partnerships & AlliancesVodacom signs “exclusive” deal with Visa in South Africa
New contract builds on similar deal between Safaricom and Visa for M-PESA. Visa payments option likely to be available as a virtual card integrated into the recently launched VodaPay Super App.
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Products & ServicesClaws out for M-PESA from Central Bank, Treasury
Bank Governor Njoroge tells Senate ICT Committee that a standalone m-money business will improve regulation and customer protection in Kenya. Treasury Cabinet Secretary Yatani adds that M-PESA transaction charges are too high. Njoroge and Yatani’s submissions are part of probe into alleged monopolistic practices by Safaricom. Central Bank opens ...
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Products & ServicesM-PESA not threatened by talk of central Kenyan e-money
A central digital currency would not step on M-PESA toes, says MD Sitoyo Lopokoiyit, but cooperation key to finding efficiencies in a market dominated by Safaricom’s e-money offering. M-PESA at 15: 51 million users in seven markets; Kenyan strength; Super App prospects on the horizon, as is competition.
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PeopleVodacom payment specialist XLink appoints MD
Majority-owned secure payments processor XLink Communications appoints Thanusha Govender with a ‘stay-the-course’ mandate. Former Absa strategy lead replaces stalwart Marnewick.
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PeopleMovistar Money JV rejigs leadership
Lending JV Telefónica Consumer Finance reshuffles board, with changes aligned to adjustments by Group and co-parent CaixaBank. Telefónica’s María Jesús Almazor swapped for Oscar Candiles as a JV representative.
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PremiumBT targets financial services with Cloud Control
BT’s Cloud Control for Financial Services aims to help firms take a ‘controlled approach’ to adopting cloud. Move builds on company’s pre-existing partnerships with public cloud providers.
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Strategy & ChangeElsewhere in Telekom Deutschland: Microsoft’s Operator Connect launched
Group launches Microsoft’s Operator Connect service in Germany, as an exclusive offering (for now).
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Partnerships & AlliancesVodacom’s Super App cushioned if “politics” plays up
Vodacom CEO Shameel Joosub says operator’s VodaPay Super App smarts are protected if political changes affect Alipay. Alipay technology underpins Vodacom’s financial services growth plans. Super App set for commercial launch in South Africa this month.