Orange has pencilled in a new date of 2 November for the launch of its postponed mobile banking service in France.

The operator’s CEO Stéphane Richard tweeted the news on Tuesday evening (3 October), without providing further details.

“Making innovation accessible to all has always been our mission. Meeting on 2 November with Orange Bank to continue the story,” the tweet read.

Orange declined to expand on the news when contacted by European Communications.

The operator had planned to launch Orange Bank in July, but pulled the plug a week before citing quality and reliability issues.

The service is set to offer current and savings accounts plus an AI-based virtual assistant based on IBM's Watson.

Speaking to European Communications earlier this year, Orange CMO Jean-Marie Culpin said providing credit services such as mortgages would be key to driving growth.

Orange has targeted gaining two million customers initially and plans to launch in Spain and Belgium after France.

The operator first announced plans to enter the banking space in its home market in January 2016.

It is slated to contribute to the operator’s target of €400 million in revenues from financial services in 2018.

Orange returned to revenue growth for the first time since 2009 in the second quarter as sales nudged up 0.5 percent to €4.45 billion.

Read more: Telenor looks to Asia as it ups Styxx from Europe’s mobile banking space

More News

BT signs up Symantec to tackle SME cyber threats BT signs up Symantec to tackle SME cyber threats BT has teamed up with Symantec to expand its security offering with a new solution for SMEs. More detail
Proximus bets on emoticons to help recruitment drive :-) Proximus bets on emoticons to help recruitment drive :-) Proximus is hoping winking face and see-no-evil monkey will help it to recruit the likes of copper splicers and data scientists. More detail
BT, VEON announce senior exec departures BT, VEON announce senior exec departures BT’s legal chief and the man in charge of transformation at VEON are set to be replaced, the two operators have revealed. More detail
SIRO, Huawei trial 10GBps fibre technology SIRO, Huawei trial 10GBps fibre technology Irish wholesale broadband provider SIRO has tested an emerging fibre technology that could allow it to offer symmetrical 10GBps connections to customers. More detail
Nokia sees Group COO depart Nokia sees Group COO depart Nokia’s Group COO has left the company just over six months after the role was created. More detail
    

@eurocomms