Tuesday, February 15, 2011

Deutsche Telekom Might Buy a Bank or Payment Prcoessor?

Deutsche Telekom, Europe’s largest phone company, may “have financial relationships and perhaps own a financial entity” to support its mobile payments and banking efforts, Chief Technology Officer Ed Kozel said. Kozol did not elaborate, but becoming an "issuing bank" or a "payments processor" are the logical possibilities.

No comments:

AI Capex to Exceed $1.2 Trillion in 2027 and 2028?

Is the growing cost of Nvidia-based compute a business moat or a liability? And in either case, which contestants benefit or suffer?  A new ...