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Mobile financial services news and trends
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TeliaSonera invests in NorthID and Accumulate - PaymentEye

TeliaSonera invests in NorthID and Accumulate - PaymentEye | Mobility & Financial Services | Scoop.it

Swedish telecommunications company, TeliaSonera, is investing in NorthID and Accumulate. NorthID develops mobile apps which secure the exchange of digital personal information and digital identities and Accumulate develops processes for secure transactions that can be used for m-payments, m-banking and mobile authentication services. The deal continues TeliaSonera’s strategy to strengthen innovation capacity by establishing partnerships supporting mobile behaviour.

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Sweden's four largest wireless operators launch mobile wallet - PaymentEye

Sweden's four largest wireless operators launch mobile wallet - PaymentEye | Mobility & Financial Services | Scoop.it

Sweden’s four largest wireless network operators, Telia, Tele2, Telenor and 3 are launching WyWallet, a mobile wallet service based on Accumulate’s mobile financial services platform, Mobile Everywhere. WyWallet will be available to 97% of the country’s handset users and will support P2P money transfers, SMS transit and ticketing payments, online shopping and prepaid card top-up. The wallet will also have NFC POS payment capability which will be demonstrated with live tests in shops from next week.

WyWallet is currently available on Android, iPhone, Java and will be integrated in Windows Phones later this year. The operators intend to add more services and features towards the end of the year. 

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