Nordics

Sweden Set For Dramatic Growth In Digital Wealth Management

Analysis of industry data by Nucoro reveals that 7% of people in work in Sweden earn over $90,000 a year or 906,000 Swedish Krona (SEK). It’s analysis also reveals a growing pool of wealthy people in Sweden, many of whom

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Sweden To Test Technical Solution For The e-Krona

The Riksbank is conducting a pilot project with Accenture aimed at developing a proposal for a technical solution for an e-krona. The objective is to create, in an isolated test environment, a digital krona that is simple and user-friendly. The

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Top 18 Upcoming Fintech Events in the Baltic and Nordic Region in 2020

The fintech landscape in the Nordic and Baltic regions continues to be one of the most successful at producing unicorns with recent examples that include TransferWise, from Estonia, and Klarna Bank, from Sweden. As we head into 2020, we look

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Riksbank Develops an e-Krona in a Test Environment

The Riksbank has implemented a public procurement of a technology supplier to the e-krona pilot project and intends to sign an agreement with consulting company Accenture. The primary objective of the e-krona pilot project is to broaden the bank’s understanding

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The 9 Hottest and “Coolest” Fintechs in Iceland

Iceland’s financial services industry has changed rapidly over the past couple of years with fintech solutions at the forefront of these changes. Innovative fintech solutions are provided by the three largest commercial banks in the country, namely Landsbankinn, Íslandsbanki, and

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Ikea Iceland Settles the World’s First Invoice With Smart Contracts and Licensed Digital Cash

Tradeshift and Monerium announce the successful completion of a transaction that marks a major step forward in business payments and finance. Using Tradeshift’s platform and smart contracts on the Ethereum blockchain, Icelandic retailer Nordic Store purchased goods from IKEA Iceland

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The 9 Hottest Fintech, Insurtech and Proptech Startups in Finland

Over the past years, Finland’s fintech industry has been growing rapidly. Today, the nation is home to roughly 160 fintech companies covering a wide range of areas including payments, cryptocurrencies, blockchain, insurance, security and compliance, APIs and platforms, data and

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Nets Sells its Account-to-Account Payment Business to Mastercard for 2.85b Euro

Nets, a European PayTech company and Mastercard  announced that Mastercard has entered into agreement to acquire Nets’ account-to-account based services including clearing and instant payment services, and e-billing solutions for €2.85 billion. The transaction is fully aligned with Nets’ European

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Fintech Infographic of the Week: Denmark’s Fintech Startup Scene

In recent years, the Danish fintech sector has experienced significant growth, facilitated by a highly educated and digitally literate population, the support of specific government policies aimed at promoting financial innovation, and the development of Copenhagen as an international fintech

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The Collaboration of 6 Nordic Banks Results in a Joint KYC Company

Danske Bank A/S, DNB Bank ASA, Nordea Bank Abp, Skandinaviska Enskilda Banken AB (publ), Svenska Handelsbanken AB (publ) and Swedbank AB (publ) are moving forward and have established a joint venture company to develop a platform for handling KYC (Know

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