18 August 2017
visit www.avoka.com

Orange and mBank team on Polish mobile bank

20 March 2014  |  8708 views  |  0 Mobile banking on smartphone

Telco Orange has joined forces with Commerzbank-owned mBank to build a mobile-based retail bank in Poland.

Orange and mBank teamed up in 2012 for a Polish mobile contactless payments service but are now taking their cooperation further with a full banking service - set to launch in the second half of the year - that will be designed specificity for smartphone and tablet users.

The new venture will be under the Orange brand, with the telco leading the customer recruitment and marketing charge while mBank concentrates on providing the actually banking services.

These services - aimed at consumer and small- and medium-sized businesses - will include mobile payments, current accounts, loans, deposits, and credit and debit cards.

Bruno Duthoit, president, Orange Poland says that bank customers increasingly demand simple and easy access to their money, regardless of where they are and that the combination of a telco and traditional lender is ideal to deliver this.

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

Customers Bancorp preps mobile bank

Customers Bancorp preps mobile bank

04 March 2014  |  4336 views  |  0 comments | 9 tweets | 4 linkedin
Orange Cash launches pre-paid mobile app in France

Orange Cash launches pre-paid mobile app in France

13 February 2014  |  6306 views  |  4 comments | 12 tweets | 6 linkedin
Barclays blames rise of mobile banking for 1700 branch job cuts

Barclays blames rise of mobile banking for 1700 branch job cuts

15 November 2013  |  12295 views  |  2 comments | 19 tweets | 13 linkedin
Orange launches Polish contactless mobile payments service

Orange launches Polish contactless mobile payments service

17 October 2012  |  5903 views  |  0 comments
Virtual branches and Facebook payments: Poland gets new digital bank

Virtual branches and Facebook payments: Poland gets new digital bank

18 June 2012  |  22228 views  |  1 comments | 2 tweets

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.niceactimize.comvisit www.dorsum.euvisit www.worldpaymentsreport.com

Who is commenting?

Top topics

Most viewed Most shared
China preps central clearing house for mobile payments providersChina preps central clearing house for mob...
10252 views comments | 8 tweets | 16 linkedin
Monzo appoints Curve co-founder Foster-Carter COOMonzo appoints Curve co-founder Foster-Car...
8476 views comments | 1 tweets | 3 linkedin
hands typing furiouslyCompliance: Overcome the data deficit
7904 views 0 | 1 tweets | 9 linkedin
Uneasy sits the crown as cash use continues declineUneasy sits the crown as cash use continue...
7855 views comments | 3 tweets | 7 linkedin

Featured job

Competitive base and bonus, plus benefits
London, UK

Find your next job