All Financial Services vertical articles – Page 3
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Products & ServicesVivo talks up fintech’s potential to boost margin
Chief Executive Christian Gebara highlights the operator is scaling up its lending business in bid to improve user retention and lifetime value.
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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).