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Savvy US bankers are however pursuing “embedded banking” strategies by embedding their financial services within applications where their customers are doing business. This is taking two main forms: B2B (or B2B2C) via vertical solutions and, more directly, B2C via API “networks.”. The competition is Toast.
Savvy US bankers are however pursuing “embedded banking” strategies by embedding their financial services within applications where their customers are doing business. This is taking two main forms: B2B (or B2B2C) via vertical solutions and, more directly, B2C via API “networks.”. The competition is Toast.
The global deployment of 5G networks is in full swing, with 170 mobile operators having launched commercial 5G services, according to GSMA Intelligence. Nevertheless, the lack of clear B2B and B2C scenarios hinders CSPs from realizing the monetization of 5G investments.
This changed during the initial rollouts of network functions virtualization (NFV) and software-defined networking (SDN), which created new service orchestration possibilities, raising the question of how the next generation of OM functions will support them. Linear OM is giving way to dynamically orchestrated OM.
Today, VodaPay is a B2C app, but Vodacom has its sights set on creating a B2B digital marketplace. “We opted to start with B2C because we believe it's the quickest way to get volume on the platform and scale, but I would say the next phase is that we will leverage it for B2B,” says Stegmann.
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