CaixaBank, Santander and Telefonica join forces to create the first JV between banks and telecom operators in Europe to develop new business opportunities based on the latest mobile and communications technologies, including a digital wallet, where customers can keep their cards and make P2P payments. The company will start its activities by developing an online community to manage offers, discounts and promotions between businesses and customers. The company will start off in Spain, but is looking to expand internationally in the short term.
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