TeliaSonera invests in NorthID, Accumulate

News Wireless Scandinavia 28 JUN 2012
TeliaSonera invests in NorthID, Accumulate
TeliaSonera has decided to invest in the companies NorthID and Accumulate. The investments are examples of TeliaSonera's strategy to strengthen innovation capacity by establishing various partnerships supporting mobile behaviour and benefiting its customers. Founded in 2007, NorthID develops mobile applications which secure the exchange of digital personal information and digital identities. Accumulate, founded 2004, has developed processes for secure transactions which can be used for mobile payments, mobile banking and mobile authentication services.

Categories:

Mobile

Companies:

Telia

Regions:

Scandinavia

Tags:

Security, e-Payment, IT - applications, Finance, Corporate strategy

Related Articles

SCANDINAVIA 18 JUL 2012

TeliaSonera cuts FY outlook on mobile slowdown

TeliaSonera lowered its outlook for the full year due to a slowdown in key mobile markets. The operator now expects organic sales flat to 1 percent higher, versus an earlier outlook for 1-2 percent growth. Underlying sales growth slowed from 2.9 percent in Q1 to zero in the second quarter. On a reported basis, the mobile division posted sales down 2.3 percent to SEK 12.58 billion, and the broadband division dropped 0.8 percent to SEK 9.09 billion. The Eurasia activities continued to grow, up 18.9 percent to

SWEDEN 26 JUN 2012

Swedish operators start WyWallet m-payments service

The mobile payments service backed by Sweden's four mobile operators, WyWallet, has officialy started services. Based on Accumulate's mobile financial services platform Mobile Everywhere, WyWallet offers person-to-person money transfer, payment for SMS-based services such as public transport, ticketing and voting using the WyWallet mobile app, online shopping and prepaid top-ups. WyWallet also supports POS payments using NFC. Live tests in shops of the NFC service will start next week, with a commercial lau

BULGARIA 19 JUN 2012

Accumulate m-payment platform launched in Bulgaria

Mobile payment services provider Accumulate and Bulgaria's national clearing house Borica - Bankservice (BO-BS) have signed a strategic agreement to set the technology standard for mobile payment services on the Bulgarian market. The agreement concerns the provision of Accumulate's Card Overlay platform to BO-BS's customers. Card Overlay is a 'card in the cloud' platform aimed at issuers like banks and credit card companies that want to add mobile payment as an option to their existing card payments, includ

ESTONIA 30 MEI 2012

TeliaSonera opens IT development centre in Estonia

TeliaSonera is creating a new IT development centre in Estonia's capital Tallinn. The centre's main focus will be on increasing customers' experience in shops, customer services and web interfaces with IT products. The centre opens on 30 May. Twenty employees are already on board, and another 20-30 people will be recruited. Creating the centre is an important step for TeliaSonera and business area Mobility Services' multi-market operation strategy in the Nordic and Baltic countries. Besides providing world

Just In

19 DEC 16:42

SLT-Mobitel launches 5G network in Sri Lanka

19 DEC 16:19

Dialog Axiata launches 5G network, connects 1.5 million subscribers

19 DEC 15:56

UK govt to ban AI-enabled nudification apps to protect women, girls

19 DEC 15:42

3 UK launches last-minute Christmas sale

Commentary

13:56

Video market set for slower growth ahead

11:38

Netflix buys Warner Bros to deepen content catalogue

11:11

KPN's mixed performance in Q3 raises questions for strategy day

15:26

Stock markets breaking records but what happened to Odido's IPO plans?

Background

01:04

The week in telecom: Wi-Fi bolt-ons take off to boost broadband growth, video market works on consolidation

01:39

The week in telecom: Netflix wins bidding for Warner Bros, Apple poaches new execs, Samsung debuts trifold

13:51

Proximus vs. Telenet: Proximus performs better in Q3 while Telenet uses up cash

14:16

Proximus Domestic still struggling with low margins

Complete profile

Before downloading the whitepaper, we would like to ask you to complete your profile with company and position. After confirming you will receive the white paper.