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T-Mobile agrees $4.4bn deal for UScellular wireless ops
T-Mobile and UScellular have announced that T-Mobile has a deal agreed to acquire all of UScellular’s wireless operations. This includes UScellular’s wireless customers and stores across the US, as well as certain specified spectrum assets. Upon closing, T-Mobile says its 5G network will expand to provide millions of UScellular customers, particularly those in underserved rural…
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Forecast: India SVoD revenue at $2.1bn in 2028
The SVoD service revenue in India is forecast to grow at a compound annual growth rate (CAGR) of 6.7 per cent from $1.5 billion (€1.38bn) in 2023 to $2.1 billion in 2028, driven by healthy growth in SVoD subscriptions and increase in unique SVoD household penetration, according to GlobalData, the data and analytics company. An…
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Viaplay scores UEFA football rights in Nordics
Viaplay Group has secured the exclusive rights to football from the men’s UEFA Champions League in Sweden and Denmark, exclusive rights to the UEFA Europa League and UEFA Conference League in Norway and Finland, and shared rights to the UEFA Champions League, UEFA Europa League and UEFA Conference League in Iceland up to and including…
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Things worth reading: 28th May 2024
Things we’re reading today include … JPMorgan casts doubt on SEC approval for Solana and other crypto ETFs | The Block Starling investor eyes £10bn valuation for bank as tech business takes off (cityam.com) Digital bank buys out specialist buy to let mortgage … (introducertoday.co.uk) ABN AMRO to Buy Private German Bank for EUR672 Million……
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The names Bond … Bank Bond
I often come back to the trough of banking licenses, but if banks didn’t have banking licenses, why would we need them? A banking license is not just about compensation and insurance schemes, but about trust, trade, risk, regulation and returns. More than this, once a bank has a license it can lend, something an……
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J.P. Morgan Payments tech leader to be fireside speaker at Bank Automation Summit Europe 2024
Jean-Marc Thienpont, managing director of omnichannel and biometric solutions at J.P. Morgan Payments, will be featured in a fireside chat at Bank Automation Summit Europe 2024 on Tuesday, Oct. 8, at 10 a.m. GMT +1. The summit takes place Oct. 7-8 at the Hilton Frankfurt in Frankfurt, Germany, and brings together industry experts to discuss…
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5 questions with … J.P. Morgan Payments’ Lia Cao
Lia Cao, global head of embedded finance and solutions at J.P. Morgan Payments, is focused on meeting consumers where they want to be met through integrated banking services. “Consumer demand is driving significant interest in embedded banking and alternative payment methods,” Cao told Bank Automation News. To keep up with demand, J.P. Morgan Payments offers…
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Scotiabank reports rising digital banking adoption in Q2
Scotiabank saw digital adoption among customers and its tech spend tick up during its fiscal second quarter 2024. The Toronto-based bank reported active mobile users increased 10% year over year to 4.3 million, while its digital adoption rate increased 2.7% YoY to 64.5% in Canada in the quarter ended April 30. The $1 trillion bank…
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Things worth reading: 29th May 2024
Things we’re reading today include … Fintech N26 says regulatory action cost it ‘billions’ in lost growth (ft.com) A (not so) brief ‘criminal’ history of the ECB – POLITICO Blockchain Technology Can Help Banks Weather Margin Pressure, Deutsche Bank Says – Bloomberg Shaping the future of Digital Banking (danskebank.com) Five Things to Watch as Synapse……
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What’s the future of card schemes?
I got into a new debate yesterday, talking with two guys who are formerly with big card companies (shush, you know who), and we started debating the four-pillar model that’s been around for the last half century. The model is the basis of the card industry and involves acquiring merchants, issuing cards through banks, and then……