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MTN bolsters mobile finance play with Ant deal

MTN Group Fintech signed a deal with Ant International to collaborate on a so-called super-app platform covering a range of lifestyle and commerce services based around the operator’s mobile money platform.

The MTN unit hailed the agreement with the financial technology specialist as a major step in its attempts to build a more resilient and future-ready digital ecosystem across its markets.

Nigeria will be first country to see the results of the pact with a “super-app” platform set to be launched there in Q3 intended to deepen digital inclusion and provide the basis for a range of mobile money-linked services.

It is expected to significantly enhance MTN customers’ mobile money experience in Nigeria, delivering faster transactions, improving reliability, and providing greater integration with other financial and commerce services.

The operator unit explained using Ant’s technology provides the means for it to evolve its product by means including fraud prevention measures and “richer engagement features for consumers and merchants”.

MTN Group president and CEO Ralph Mupita (pictured) said the “partnership aligns” with the company’s “ambition of leading digital solutions for Africa’s progress by leveraging scale, technology and strong global partnerships”.

He added it aims to deliver a “more seamless, secure and intuitive MoMo platform that advances digital inclusion and expands economic participation”.

The post MTN bolsters mobile finance play with Ant deal appeared first on Mobile World Live.

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Samsung goes all-in on AI for internal overhaul

Samsung Group unveiled plans for a sweeping transformation of its businesses, introducing AI extensively across its companies covering functions from marketing to manufacturing.

The conglomerate believes widespread adoption across its affiliates, which includes Samsung Electronics, will fundamentally change working style and culture across the organisations.

Samsung highlighted it had pioneered the use of AI in consumer devices and wanted to “strongly apply” it to eight major business processes: development, purchasing, manufacturing, logistics, marketing, sales, service and management support.

“To enhance business competitiveness amid rapidly changing business environments, Samsung plans to officially introduce external generative AI services such as Gemini, ChatGPT, and Claude across all affiliates in June,” the company added.

Specific aims include enhancing productivity in software and marketing, and upping “operational innovation” in manufacturing.

The company asserted AI was not “just a new technology or a simple tool for improving operations, but rather an innovative technique that triggers fundamental changes in management, actively utilising it as a starting point for discovering new growth momentum”.

To help push the initiative all executives from its companies are set to go through a training camp by the end of 2026, with all 50 CEOs to take the course this month.

It plans to extend the training to eventually cover all employees. Dedicated AI teams are also to be placed across the organisation’s businesses.

The post Samsung goes all-in on AI for internal overhaul appeared first on Mobile World Live.

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