Telenor has admitted defeat in its attempt to run a mobile bank in Europe, with its head of financial services saying Asia is where growth will be found.
Orange Bank will not launch next week after an initial test phase failed to meet expectations at the France-based telco.
Mobile customers of Spain’s Movistar are now able to obtain loans of up to €3,000 in under 48 hours thanks to a new financial services offering launched this week.
Ramon Fernandez has given coded criticism of Altice's "extremely aggressive" content strategy and said Orange would not "pay extremely high prices for products that do not necessarily make a difference".
Context is key to the future success of telcos, speakers at the DigiWorld Future event have said.
The arrival of credit services will be key to driving customer acquisition at Orange Bank, according to the operator's Chief Marketing Officer, who describes the new service as a "once in a decade opportunity".
Orange is to launch its mobile banking service in France on 6 July as it searches to attract two million customers.
Movistar, Orange and Vodafone will all provide direct carrier billing technology to a mobile ticketing app in a deal engineered by DOCOMO Digital.
DOCOMO Digital, the m-commerce platform and consulting business of Japan-based telco NTT, launched at last year’s Mobile World Congress. Its Founder and CEO discusses progress so far
Orange has admitted it needs to speed up customer acquisition at its mobile banking service in Poland, as it prepares to launch a bank in France.
Regulatory authorities in France and Europe have approved Orange’s acquisition of Groupama Banque, which will be renamed Orange Bank in January 2017 and specifically target mobile users.
Orange has established a compliance centre in Africa to back the development of its money services across the continent.
MegaFon hopes its customers will turn their mobile phone accounts into bank accounts as it unveiled a new debit card.
DOCOMO Digital has picked up another contract win as Vodafone UK has signed up to use its carrier billing services.
Corporate strategies must not be developed with a focus on a single segment of the internet value chain, a new study has warned.
Three Ireland and Switzerland’s Sunrise have signed up DOCOMO Digital to provide carrier billing services.
Vodafone’s mobile money transfer service M-Pesa has reached the 25 million active customer milestone after encouraging growth in the past year.
Orange and Groupama have finalised a deal that will see a mobile banking service launch in France, Spain and Belgium.
MVNO Lycamobile has launched three new services as it bids to become what its Chairman described as a “full service multimedia platform”.
Swisscom has teamed up with DOCOMO Digital to offer retailers of physical goods and services a direct carrier billing payment option for consumers.
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