Fintech

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.

Mobile forecast to dominate electronic payments

Mobile phones will take an increasingly leading role in the payments space over the next five years as a result of technologies that allow safe storage of payment details in smartphones and other security improvements, reports Banking Technology.

Telecom Italia to sell stake in Argentina unit

Telecom Italia has announced it is to sell 17% stake of its subsidiary, Telecom Argentina to New York-based investor firm Fintech. The Italian incumbent said it plans to sell Telecom Argentina’s holding company Sofora’s entire shareholding to Fintech once it has received regulatory approval from the Argentinian regulator SECOM.

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