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Ericsson and ASBANC launch connected mobile money service in Peru

ASBANC, Peru's National Bank Association, and Ericsson have launched the next-generation mobile financial services that aim to include 2.1 million unbanked Peruvians by 2019.

Ericsson and ASBANC launch connected mobile money service in Peru

ASBANC, Peru's National Bank Association, and Ericsson have launched the next-generation mobile financial services that aim to include 2.1 million unbanked Peruvians by 2019.

Ericsson's solution includes a fully integrated platform, capable of hosting all services from different financial and commercial institutions to secure interoperability. The solution also allows financial service providers to reuse existing assets to bundle secure telecom and financial services. In addition, Ericsson has provided ASBANC with systems integration, learning services, managed services and support.

Carolina Trivelli, Digital Money Project Manager, says: "We are confident that we will reach great achievements with digital money services. With this platform we will connect the unbanked with easy-to-use financial services that they could not previously access. Ericsson is a great partner and its continued support ensures we can achieve the project's objectives."