Norway
Payment Firms Dominate Mastercard’s Lighthouse FINITIV 2022 Programme
Five payment acceptance startups were among the 15 selected to meet Mastercard in the Lighthouse FINITIV programme. Since its launch in 2018, Lighthouse FINITIV has created a forum for selected startups to enter partnership discussions with Mastercard and its largest
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Digital Identity Firm Signicat Acquires Lithuania’s Dokobit for Eastern Europe Push
Norwegian digital identity company Signicat has acquired Dokobit, a Lithuanian electronic authentication solutions provider with a presence in Estonia, Latvia and Iceland, for an undisclosed sum. This marks the third acquisition by Signicat following that of Encap Security, a Norwegian
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In Europe, Nordic Countries Have the Most Advanced Open Banking Ecosystems
In Europe, the Nordic countries of Sweden, Denmark and Norway have the most advanced open banking ecosystems. Trailblazing regional regulatory regimes, highly developed digital infrastructures, and a pan-Nordic collaborative approach have enabled these countries to take the lead over the
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Sweden’s StockRepublic Raises EUR 2 Million, Partners With Commerzbank
StockRepublic, a Swedish social trading platform for retail investors, announced that it has secured EUR 2 million. The investment round was led by the Swedish venture capital fund Uequity and Commerzbank Group’s early-stage investor main incubator, together with well-known business
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Norway’s Digital Identity Specialist Signicat Acquires Spanish Rival eID
Norway-based digital identity specialist Signicat has acquired Spanish Electronic IDentification (eID) which offers complementary solutions for an undisclosed sum to strengthen its European presence. The joint offering aims to provide the highest level of security and compliance of digital identity
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Danske Bank A/S to Merge MobilePay with Digital Wallets Vipps and Pivo
Danske Bank A/S has entered into an agreement with OP Financial Group in Finland and the consortium of banks behind Vipps in Norway to merge the three mobile payment providers MobilePay, Vipps and Pivo with the aim to form a comprehensive
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FSS Taps Norway’s Payment Firm Zwipe to Offer Biometrics Payment Cards Globally
Financial Software and Systems (FSS), a global provider of integrated payment products and a payment processor, is partnering with Zwipe, a Norway-based paymets fintech, to bring biometrics payment cards to issuers globally. Both entities will collaborate closely, offering greater value
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Norway’s Central Bank to Test Viability of a CBDC Over the Next 2 Years
Norges Bank, the central bank of Norway, announced that it will test various technical solutions for a central bank digital currency (CBDC) over the next two years in line with the recommendations of an internal working group. The working group
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6 Fast-Growing Fintech Companies from Norway
Norway is home to over 120 fintech companies with the vast majority of solutions available right now focusing on mobile payments and online banking, though other segments such as data and analytics, insurtech, data and analytics, and wealthtech, are also
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Opera Hires PayPal’s Former Exec as New EVP for Its Fintech Arm Dify
Opera Limited, a browser provider headquartered in Oslo, announced that it has hired PayPal veteran Allen Hu as the new Executive Vice President (EVP) of Dify, which is the browser’s fintech arm. An expert in financial technology and payments, Allen
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