financial services

Apple credit card is up-and-running

As promised by CEO Tim Cook during the last earnings call, the Apple Card is set to debut this month, with the team already taking applications from consumers.

Ericsson moves into mobile financial services

Swedish vendor Ericsson has announced its entry into the mobile financial services market, with the launch of Ericsson Money Services. Aiming to address demand for mobile financial services in both developed and developing markets, the firm said that it is “set to create a global ecosystem that make sending money person to person as simple as sending an SMS.”

KDDI makes investment in financial solutions firm

Japanese carrier KDDI has invested $22m in US financial solution provider Microfinance International Corporation. The operator said that the deal will allow the two firms to develop an open mobile payment platform that will be made available to mobile operators worldwide.

Polls

What role will consumers expect telcos to play when COVID-19 is behind us?

  • As a reliable utility similar to the role they have managed to play during the pandemic (45%, 13 Votes)
  • Rolling out new technologies and services to support new customer behaviours (28%, 8 Votes)
  • Turning special service offerings during the pandemic into standard offerings (17%, 5 Votes)
  • As a digital platform that they have struggled to change into since the pre-COVID times (10%, 3 Votes)

Total Voters: 19

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