Telecom Operators and Banks Should Partner for Successful Mobile Financial Services Platforms

Posted by

Delta Partners, the leading TMT advisory and investment firm today released a new white paper entitled “Mobile Financial Services: A fading opportunity for mobile operators”.

Mobile financial services (MFS) include M-Payments, M-Banking and M-Insurance. The whitepaper explores the harsh reality of rolling out successful MFS platforms for mobile operators and identifies potential collaborative models for capturing this rapidly fading opportunity.

Although mobile operators across emerging markets believed that capturing the US$120-130 billion M-Payments was going to be as easy as growing mobile penetration, successful platforms are few and far between . However, not everything is lost. The rapidly growing base of banked smart-device users creates three opportunities: digital payments, Near Field Communication (NFC) payments and M-Banking, including access to bank services through apps and joint operator-bank commercial approaches. The white paper explores the potential stand-alone and collaborative models for MFS platform roll outs for operators and identifies those with clear potential. Although collaboration with OTT players is of questionable value for operators, partnering or collaborating with banks and financial payment networks is likely to yield value for all involved. “Operators and banks are not destined to be competitors – both must learn how to partner and cooperate with each other to unlock the true potential of Mobile Financial Services,” says Joao Sousa, Partner at Delta Partners.

Source: Zawya.Com – Press Release – 8 August 2012

Marc Mcilhone

Marc Mcilhone is ArabBrains' Editor - sourcing news and features content and overseeing the work of the site’s contributors. Marc’s work is informed by his technical background in architecture having worked for some of the UK’s leading practices on projects within the education, healthcare and housing sectors. Marc has a particular interest in how innovators are creating sustainable solutions that have a positive impact on people’s everyday lives. Please email press releases and news to: editor@arabbrains.com


Comments

Loading Facebook Comments ...

Leave a Reply

Your email address will not be published. Required fields are marked *

*


(required)

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>