Tagged: copenhagen

Copenhagen’s Danske Bank has Laid Off 257 Workers as it Adapts to Structural Changes in Financial Sector

Copenhagen-based Danske Bank (CPH: DANSKE), a major retail bank with more than 5 million retail customers, recently laid off 257 workers and finalized voluntary redundancy terms with another 261 employees as part of the banking service provider’s 2-year strategic overhaul of operations. The recently announced… Read More

Copenhagen based Danse Bank Partners Fintech Zenegy to Automate Payment Processing with Corporate Cards

Copenhagen-based Danske Bank (CPH: DANSKE), a major retail bank with more than 5 million retail customers, has partnered with Fintech firm Zenegy in order to launch a new service that will automate the processing of payments made with corporate cards. The payment processing service will… Read More

Eran Noam From Shield Explains How Natural Language Processing and Financial Context Recognition Help with Business Compliance Processes

Israel based Regtech firm Shield was recently chosen to join the IBM Cloud for Financial Services ecosystem. Many financial institutions have been migrating or deploying new applications on Cloud-powered platforms that streamline routine banking and related business processes. We recently caught up with Eran Noam,… Read More

Copenhagen Fintech Partners with United Nations Development Fund to Launch Operations in Singapore to Address Climate Change, Alleviate Poverty

Copenhagen Fintech, a Denmark based organization supporting financial technology, is teaming up with the United Nations Development Program (UNDP) and several other organizations in order to help Nordic Fintechs with launching operations in Singapore. The initiative is aimed at assisting Nordic Fintechs with setting up… Read More

Euronext, a Leading European Securities Exchange, to Acquire 70% of the Shares of VP Securities, a Denmark-based Post-Trade Utility Service

Euronext, a leading European securities exchange, will be acquiring 70% of the shares of VP Securities, a Danish post-trade utility service. The shares will reportedly be acquired from existing owners, which include Denmark’s reserve bank, Danske Bank, Nykredit, Nordea and Jyske Bank Euronext’s management confirmed… Read More

Open Banking Platform Nordic API Gateway Acquires €4.6 Million in Capital via Internal Investment Round

Open Banking platform Nordic API Gateway has acquired an additional €4.6 million in capital through an internal investment round, which was supported by the firm’s partners, Danske Bank, and DNB. Nordic API Gateway has now raised a total of €13.3 million. The capital acquired will… Read More

Brief: Copenhagen Fintech Hub Officially Opens

Financial Services Union Denmark, the City of Copenhagen and the Danish Bankers Association announced the opening of the new fintech hub, Copenhagen Fintech.  Copenhagen Fintech is described as a non-profit association open to companies and organizations with interests within the fintech area. The hub was notably established… Read More

Nonprofit Organization Seeks $300,000 on Boomerang to Help Save Historic Copenhagen Atheneum Bookshop

Hoping to save one of Copenhagen’s historic businesses, Atheneums Venner (Atheneum’s Friends), a non-profit organization, has launched a campaign on Dutch crowdfunding platform Boomerang to raise $300,000 in order to keep the Atheneum bookshop from closing its doors for good. The bookshop was established in1874 and is… Read More

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