All Financial Services vertical articles – Page 4
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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.
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M&AVodacom aims for 100m fintech users on road to sale
CEO Shameel Joosub sets sights on nine-figure base to win better bargaining position with potential buyers and partners. Vodacom taking control of fintech offerings in Ghana and Egypt, to fuel expansion.
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Vendor VoiceTeradata: Telcos can’t afford to wait on CX digitalisation
Telco investment in best-in-breed tools has embedded data silos that need to be opened to complete the customer picture in a data-driven environment. Recent financial sector experience demonstrates that focus on a holistic and cloud-enabled view of the customer, and not individual product lines, is an essential element of ...
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Enterprise (B2B)Safaricom upping B2B ante with new marketplace
Kenyan operator looking to connect better with small business requirements. Move furthers Safaricom’s “fintech-anchored” digital growth strategy.
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Strategy & ChangeEthiopian mobile: Tigray overshadows Safaricom-Voda market entry
Escalating conflict and humanitarian crisis spreads in northern region. Prime Minister Abiy Ahmed criticised for Tigray response, but undeterred on reform agenda and courting private investment. What is Safaricom-led OpCo getting into? Unrest brews challenging conditions, as US sanctions threaten OpCo funding. Vodafone keeps a low profile in Ethiopian ...
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Strategy & ChangeVodacom-owned XLink lays groundwork for new MD
Fleet-footed 2016 acquisition on the lookout for new leader. MD incumbent yet to reveal next step. Recent re-positioning sees provider embrace cloud and up focus on finance and retail markets.
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Products & ServicesSafaricom, Vodacom launch m-money Super Apps
Safaricom’s m-payment and remittance service leaps into the digital services realm with an experience-focused facelift. “Super App”- tag attached to revamped M-PESA, with new functionality showing resemblances with Vodacom–Alipay’s ‘app-within-an-app’ concept. Vodacom’s Super App now onboarding partners.
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Strategy & ChangeFintechs ready to disrupt capital markets’ status quo
BT Radianz directors discuss the potential for fintechs to drive a step change in the capital markets sector. Hybrid cloud described as an accelerator at the culmination of a 20-year digitalisation process for the industry.
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Strategy & Change
Ethiopia: Kenyan president gets behind Safaricom entry
President Kenyatta urges Ethiopia to open up m-money market. Safaricom reveals planned ownership structure of future Opco, with Vodafone set to play a very limited role.
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PremiumT-Systems joins crypto party with Celo
T-Sys MMS to provide infrastructure and validation services for blockchain ecosystem provider Celo as DT ups its interest in the technology. Strategic investment fund TIP tapped for “significant” purchase of CELO crypto-assets.
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PremiumBT people moves: strategic appointments in health and banking
BT continues its effort to grow into the healthcare industry with accounts leaders named at Enterprise. Unilever CISO joins Group as cybersecurity VP. BT Global’s Rycx targets Simplify programme expansion for MNCs. Board changes at soon-to-be subsumed OnePhone.
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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.