Tagged: nordea

Nordea Announces Roll Out of Google Pay

European financial group Nordea announced on Tuesday it has expanded its digital payment offering by adding Google Pay. According to Nordea, customers in all Nordic countries can now use Google Pay at contactless payment terminals and in apps and online stores. All Nordea’s consumer cards and Nordea First… Read More

Nordea Announcement: Open Banking Goes Live in Sweden

European financial group Nordea announced on Friday the launch of its open banking services in Sweden. According to the company, the open banking launch gives developers the possibility to begin building applications designed for both Finnish and Swedish customers. Nordea reportedly launched the Open Banking platform… Read More

Nordea to Acquire Gjensidige’s Banking Arm; Announces Partnership With Insurance Group

Nordea announced on Monday it has into an agreement with Gjensidige Forsikring ASA to acquire all shares in Gjensidige Bank ASA. The company reported that it purchased the bank for an estimated cash consideration of NOK 5,500 million (€578 million), that will be adjusted for the… Read More

European Financial Group Nordea Announces New Collaboration With Invesdor

On Wednesday, European financial group Nordea announced it has formed a partnership with Invesdor to improve the availability of alternative financing solutions for Finnish growth companies. According to the duo, the market for digital financing services has grown in the Nordic countries in the past few… Read More

Sweden Banking Group Nordea to Roll Out New Payment Solution For Fitbit & Garmin Smartwatches

Sweden banking group Nordea announced on Tuesday it has launched a contactless payment solution through Fitbit and Garmin wearable devices. According to Nordea, this new service is part of an improved Nordea Wallet offering. It gives customers a quick, convenient, easy-to-use and safe way to pay… Read More

Sweden Banking Group Nordea Bans Employees From Trading in Cryptocurrencies

Sweden banking group Nordea announced this week that it is banning all of its approximately 31,000 employees from trading in cryptocurrencies due to high risk. The new ban will go into effect on February 28th. A Nordea spokesperson confirmed with Reuters that the bank believes that… Read More

Sweden’s Nordea Bank Launches Venture Fund For Fintechs

Fintech

Earlier this week, Stockholm-based Nordea Bank announced the launch of its Nordea Ventures in order to make strategic investments in fintech start-up companies. According to Nordea, the Nordea Ventures will focus on investments offering mutual strategic value, scalable business models, and unique solutions. Investments are mainly, but… Read More

Surfing Fintech: Have We Reached the Third Wave?

As an industry, fintech has grown to the point that we can now start analysing its development. Many commentators have divided Fintech’s lifespan into ‘waves’. The first wave is centred around disruption, the second around collaboration, and the third wave – although more disputed –… Read More

Fintecher Siirto Aligns Top Finnish Banks for Mobile Real-Time Payment

Siirto, a new Finnish fintech platform designed and implemented by Tieto on behalf of Automatia. The real-time multi-bank mobile payment platform was launched in Finland by three of the country’s top banks, OP Bank, Nordea and Danske Bank, according to a release. “The Siirto payment platform… Read More

Finnish Financial Service Group Nordea Announces New Crowdfunding Platform

Last week, Finland-based financial service group, Nordea, announced that it was launching its very own equity crowdfunding platform. The company revealed that the new website will help will match entrepreneurs seeking financing with investors and the service will be linked to the book-entry system. Nordea reported: “Successful businesses… Read More

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