Nordics
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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Open Banking Represents the Largest Fintech Opportunity in the Baltics and Nordics
The Nordic and Baltic region is poised to become a fintech powerhouse, but challenges related to access to capital, achieving scale and reach, and regulation must be addressed, found a new survey. Launched during Money20/20 in Amsterdam earlier this week,
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Top 10 Hottest Fintech Startups and Companies from the Nordics
The Nordic countries or the Nordics, a geographical and cultural region in Northern Europe and the North Atlantic that includes Denmark, Finland, Iceland, Norway, and Sweden. The region is increasingly becoming a fintech powerhouse, producing some unicorns and iconic names.
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New Nordic Network for Artificial Intelligence Launched
The Nordic Five Tech alliance of leading technical universities announce the creation of the Nordic Artificial Intelligence Network. The Nordic AI Network will make the region a global hub in AI research, education and innovation. With global interest in the
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Nordic Capital Acquires Digital Identity Pioneer Signicat
Nordic Capital Fund announced the acquisition of Signicat, a high-growth provider of digital identity and signature solutions. Nordic Capital will, in close partnership with the company’s management and existing shareholder Viking Venture, accelerate Signicat’s international expansion and strengthen the company’s
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Nordea Takes Open Banking beyond PSD2
Nordea is launching Instant Reporting, a new Open Banking solution that enables corporate customers to access their own accounts and integrate real-time data with their own systems and processes. It is the first offering from Nordea that moves beyond legal
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Sweden’s Fintech Industry Sees Strong Growth: Report
In the past years, Sweden has witnessed the rapid growth of its fintech ecosystem with 188 fintech companies established in Stockholm alone as of early 2018, according to the Stockholm Fintech Guide by Invest Stockholm. Several of these ventures have
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Nordea First Nordic Bank to Join New European Instant Payment Service
Nordea customers in Finland can now receive instant Euro payments in seconds from friends and business partners from Europe. This includes at any time of the day, seven days a week, all year round. The new pan-European Single Euro Payments
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