fintech
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Russia's MTS Group has taken a 51% stake in blockchain-based trade-finance platform, Factorin, as it looks to enhance B2B services for corporate clients. -
The proliferation of 5G edge computing is driving the greater need for real-time processing, better user-experience and data intelligence. Capacity heard from Cliff Tam, VP of global data strategy, international business, HGC Global Communications, about the new real-time economy and digital glocalization.
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SoftBank’s internet subsidiary Z Holdings (ZHD) has outlined plans to invest US$4.7 billion in technology over the coming five years as it looks to "resist an onslaught from larger overseas rivals".
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Two major international telcos have bolstered their presence in the fintech space with the launch of new finance services.
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NTT and Fujitsu have welcomed a free trade agreement between Japan and the UK, which promises to boost digital trade between the two economies.
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Africell is to expand AfriMoney as the firm’s CEO unveiled a new growth strategy that will take the operator into new markets.
Forthcoming events
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Airtel Africa has announced a new partnership with MoneyGram International to enable 19 million customers to receive transfers directly into their mobile wallets.
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Airtel Africa has partnered with Standard Chartered to increase access to mobile financial services.
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Indian fintech and e-commerce firm Paytm has returned to the high court in Delhi, providing further evidence that an increase in customer fraud attacks is due to the inaction of telcos and their regulator.
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Telenor Group has confirmed it is to sell its 34.2% stake in e-wallet Wave Money for US$76.5 million.
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Burkina Faso and Morocco have become the latest markets to be added to the list of countries Orange France customers can send direct financial transfers to.
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Dalal Buhejji, director of business development - financial services, at Bahrain EDB, writes on the future impact of Covid-19 in the region
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New legislation passed in Ethiopia will allow telecommunications companies to step into the non-bank financial services space by bringing basic services to mobile customers through their devices.
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In advance of 2020 Metro Connect USA, Capacity Media spoke with Laura Fazio, Head of TMT Banking at Santander Commercial Banking, about communications infrastructure, what’s trending in TMT financing, and what’s next for Santander TMT Banking.
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Orange and MTN have made their mobile money services in Africa interoperable, allowing 100 million people in 46 countries to make payments.
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NTT Communications has expanded its data centre capacity in India by 70% after its Netmagic subsidiary launched two new high-density and hyperscale data centres.
