Ericsson's fintech platform
Search documents
Telefonaktiebolaget LM Ericsson (ERIC) Partners With Mastercard
Yahoo Finance· 2026-02-24 17:42
Group 1 - Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC) has partnered with Mastercard to enhance international money transfers, aiming for faster and more efficient transactions [1][2] - The integration of Ericsson's fintech platform with Mastercard Move will facilitate the addition of digital wallet features and payment services, particularly targeting unbanked and underbanked populations [2][3] - The partnership is expected to leverage Ericsson's pre-built APIs, cloud setup, and compliance tools, while Mastercard Move's extensive reach in over 200 countries will improve international connectivity [3][4] Group 2 - Ericsson provides telecom infrastructure, services, and software, with key segments including Networks, IT & Cloud, and Media [6]