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The Next Big Wallet, courtesy of SA software developer

Fundamo, the South African-based mobile banking software developer, has been chosen to partner Accenture in the world wide rollout of mobile wallets to 700 mobile network operators.

Fundamo, a provider of mobile banking and payment software solutions, has signed a partnership agreement with Accenture, the global management consulting and technology services company, to accelerate the worldwide adoption of mobile wallets.

Aletha LingAccenture will lead the promotion of mobile wallets worldwide in 2008, which will allow Mobile Network Operators (MNOs) to deploy, operate and fine tune a Mobile Wallet service, learning how to streamline registration, optimise price points and test partnering relationships with a bank, prior to full scale mobile wallet service deployment. The Accenture Mobile Wallet platform will be presented to 700 Mobile Network Operators early in 2008.

“This partnership combines Accenture’s ability to define and deliver new business opportunities globally, bringing together both communications and financial services markets, with Fundamo’s deep experience and technology development in the mobile payments market,” says Aletha Ling, Head of Business Development at Fundamo. Keep reading →

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The Big Change is a business strategy blog and newsletter published by Arthur Goldstuck, managing director of World Wide Worx, a leading technology research organisation based in Johannesburg, South Africa.

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