Globe Telecom has moved forward with its acquisition of a 50% stake in AB Capital Securities Inc (ABCSI), aiming to strengthen the stock brokerage capabilities of its fintech unit, Mynt, which operates the widely used GCash mobile wallet.
Smart Communications, the mobile arm of Philippine telco PLDT, is reportedly making moves to relaunch its original mobile money app, Smart Money, in an apparent bid to directly take on rival telco Globe Telecom’s GCash.
Service provider Orange Egypt says it has signed an exclusive money transfer partnership with Enjaz Payment Services, one of the largest fintech companies in Saudi Arabia and the Middle East.
Vietnamese telco VNPT announced on Sunday that its digital services unit, VNPT-Media, has signed a partnership deal with Visa to develop advanced digital payment solutions and boost financial inclusion for consumers and SMBs in Vietnam.