Orange Romania ditches greenbacks but still goes green
The Romanian arm of operator group Orange announced the sale of its retail banking business and, soon after, the purchase of a bunch of renewable energy.
Telecoms.com
Category: Money
MTN sells stake in $5.2 billion fintech biz
MTN has agreed to sell a minority stake in its financial services business to global payments giant Mastercard in a deal that could be worth a substantial sum.
Orange backs out of banking with BNP Paribas deal
French operator group Orange has decided to leave the retail banking game just five years after it arrived, brokering a deal that should see it transfer its customer base to BNP Paribas.
US ecommerce sales topped $1 trillion for the first time last year
Economic headwinds and a post-pandemic comedown haven’t stopped people from shopping online, according to ComScore.
Rumoured bank sale could prove costly for Orange
Orange is playing its cards pretty close to its chest on the future of its banking business, but new rumours coming out of France suggest it could be looking to sell up.
Linux Foundation unveils open source digital wallet consortium
The OpenWallet Foundation has been established to work on an open source software engine for anyone to use to make interoperable digital wallets.
Frictionless finance: payments get closer to mobile customers
Embedded or “frictionless” finance is emerging as one of the primary disruptive drivers of the mobile communications market.
MTN feeling bullish on solid 2021 results and strong fintech growth
South African operator group MTN delivered its 2021 numbers and they seem to be headed in the right direction.
Apple’s new Tap to Pay turns iPhones into payment terminals
Businesses will soon be able to take contactless payments via iPhone thanks to a new feature Apple is rolling out to its smartphones.
Spain moves to regulate crypto asset advertising
New rules in Spain means crypto currency promotions targeting over 100,000 people will need to be approved by the Spanish National Securities Market Commission ten days before deployment.
Orange Money partners with Ericsson Wallet Platform
Operator group Orange has turned to Ericsson to help it grow its pan African Orange Money service.
OnlyFans blames banks for content policy change – UPDATED
The founder of Social subscriber platform OnlyFans has pinned the blame on banks refusing to process transactions connected to the company.
OnlyFans, Locals, Stripe, and the payment processor police
Social subscriber platform OnlyFans is reportedly banning sexually explicit content, undermining the businesses of many of its creators in the process.
Eurobites: Ethiopia to re-open bidding on second operator licence
Also in today’s EMEA regional round-up: MTN warns of H1 earnings fall; Orange combines with SSE Networks for improved maritime connectivity; Brussels looks into latest Facebook acquisition.
Safaricom shareholders greenlight Ethiopia expansion
Safaricom’s shareholders formally approved the operator’s incorporation in neighbouring Ethiopia, following it led a successful bid for a telecoms licence in Africa’s second largest country.
Eurobites: Pain in Spain punches hole in Orange’s Q1
Also in today’s EMEA regional results-fest round-up: Telefónica’s Q2 boosted by Virgin Media O2 merger and Telxius deal; BT’s fiscal Q1 dented by corporate and public sector struggles; Cellnex puts in a towering performance in H1.
FBI scores a couple of major wins against digital baddies
US law enforcement agency the FBI twice managed to trick criminals into using digital services it had access to.
UK consumers go crazy for cryptocurrency apps in third lockdown
Conferencing, cryptocurrency and greetings cards were among the biggest growing apps in the first quarter of this year in the UK as consumers grappled with another period of lockdown.
MásMóvil is becoming a bank
MásMóvil has launched a new range of financial services products, including personal loans of up to €60,000, putting it well on its way to becoming a bank.
MTN teams up with Mastercard on mobile wallets
Africa’s leading mobile operator MTN has partnered with payment platform Mastercard to add online payment functions to its mobile wallet for user across its fintech footprint.
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