Orange announced today it has acquired a majority of Groupama and will use the service to launch a new mobile banking service. No surprise and a trend that has been in the making for the last decade of combinations of Retail Banking and Telco's for payments and micro lending is growing. If you believe in that the future is mobile lead, you can imagine that the telo's with each 10-50x more customers than banks, have pressure on their economics are keen on finding an opportunity to cross sell financial services on their customer base