Tagged: norway

November 30, 2024 @ 9:05 am By Omar Faridi  |  

The European Central Bank (ECB) and Norges Bank signed an agreement for Norway to join the Eurosystem’s TARGET Instant Payment Settlement (TIPS) service. This will reportdly make the Norwegian krone the fourth currency available for settlement in TIPS, along with the euro, the Swedish krona… Read More

October 14, 2024 @ 8:11 am By Omar Faridi  |  

Norway, which is globally recognized as one of the world’s most cashless societies and economies, appears to have made it simpler to settle transactions with cash. In what appears to be a significant change in the trend towards avoiding cash transactions, the government and reserve… Read More

July 4, 2024 @ 10:39 pm By Omar Faridi  |  

Handelsbanken Norway has entered into a new agreement with Tietoevry Banking for the delivery of a complete solution portfolio, including core banking, card and payment solutions, wealth management, as well as solutions for combating financial crime. The agreement has a duration of five years, and… Read More

October 20, 2023 @ 11:06 pm By Omar Faridi  |  

Token.io, the account-to-account (A2A) payment infrastructure provider has announced the expansion of its direct open banking connectivity network to Sweden, Norway, Denmark and Finland, where it now “offers Account Information Services (AIS) and Payment Initiation Services (PIS) services.” This unlocks new opportunities “for Payment Service… Read More

August 13, 2023 @ 1:54 pm By Omar Faridi  |  

As part of modernizing its IT landscape and enhancing the customer experience, Handelsbanken Norway has chosen to consolidate on Tietoevry Banking’s wealth management solution. This enables Handelsbanken “to offer financial products, including mutual funds, equities, ETFs and more, through one modern self-service platform for its… Read More

July 20, 2023 @ 11:02 pm By Omar Faridi  |  

Nordea has entered into an agreement with Danske Bank to acquire its Norwegian personal customer and private banking business and associated asset management portfolios. The acquisition is an ideal strategic fit “for Nordea and will strengthen Nordea’s market position in Norway among household customers.” The… Read More

July 17, 2023 @ 11:11 pm By Omar Faridi  |  

The Norwegian Public Service Pension Fund (SPK) has announced a contract agreement with Mambu, a cloud banking platform, and Knowit, a Nordics-based digital consultancy. The partnership is set “to modernize SPK’s housing loan solution, allowing the institution to build a flexible, user-friendly, and complete component-based… Read More

July 14, 2023 @ 3:31 pm By Omar Faridi  |  

Card issuing and processing pioneer Enfuce has been chosen by leading Norwegian crypto exchange NBX to issue a Visa®-branded credit card offering Bitcoin cashback on purchases. Powered by Enfuce’s cloud-native issuing platform, the launch of the card is a turning point in the crypto market,… Read More

June 16, 2023 @ 5:23 pm By Omar Faridi  |  

Bitdeer Technologies Group (NASDAQ: BTDR), a technology company for the cryptocurrency mining community, announced its unaudited mining and operations updates for May 2023. Linghui Kong, Chief Executive Officer of Bitdeer, commented: “We maintained stable operations during the month of May while remaining dedicated to the… Read More

June 9, 2023 @ 3:13 pm By Omar Faridi  |  

In recent years, Danske Bank has made fundamental changes to the bank, resulting in a more focused business with a reduced risk level and a strengthened organization. Simultaneously they have “focused on strengthening our commercial momentum, and Danske Bank is on a clear trajectory to… Read More

May 12, 2023 @ 12:37 pm By Omar Faridi  |  

Neonomics, a Nordic open banking provider, has expanded the launch of their core open banking driven Checkout solution to the Danish market. This payment solution makes it easy for any business “to get started with account-to-account payments through a frictionless front-end user interface, delivering higher… Read More

January 20, 2023 @ 7:06 am By Omar Faridi  |  

KapitalKontroll, an innovative Norwegian provider of debt management and collection services has partnered with Neonomics in order “to launch a fully automated debt collection system that manages all payments through Neonomics open banking platform, enabling increased efficiency and security for its customers who include an… Read More

December 4, 2022 @ 2:51 pm By Omar Faridi  |  

Nordic open banking provider, Neonomics, has decided to support UNICEF Norway in order “to make donating this holiday period easier and more secure by harnessing the power of open banking payments.” The holiday period is “the most important time of year for charities, but with… Read More

October 31, 2022 @ 7:47 am By Omar Faridi  |  

Payer, the B2B technology company specializing in digital conversion, payments, and finance automation, with a mission to digitalize the B2B industry wherever payments play a central role, has announced that it will now facilitate American Express payments “across the Nordics in Denmark, Finland, Norway, and… Read More

October 2, 2022 @ 11:56 pm By Omar Faridi  |  

The Bank for International Settlements (BIS) and the central banks of Israel, Norway and Sweden are launching Project Icebreaker, a joint exploration of how central bank digital currencies (CBDCs) can be “used for international retail and remittance payments.” Cross-border payments “continue to be plagued by… Read More

September 9, 2022 @ 10:13 am By Omar Faridi  |  

OneSpan (NASDAQ: OSPN), the digital agreements security company, announced a significant expansion of its OneSpan Cloud Authentication service with BankID. BankID first launched with OneSpan in September 2021 and has already “reached a multi-million user milestone that is expected to continue growing as BankID’s technology… Read More

July 19, 2022 @ 11:17 pm By Omar Faridi  |  

Zimpler, which claims to be a leading Fintech company born in Sweden, recently announced that it has gone live in Norway. Following Sweden, Finland, Germany, Estonia, The Netherlands, Latvia and Lithuania, Norway becomes the eighth market “to offer Zimpler’s account-to-account payments solutions.” The first merchant… Read More

July 11, 2022 @ 8:15 am By Omar Faridi  |  

Via Enfuce’s “turnkey” service, NBX can offer credit and debit cards “with loyalty-boosting crypto rewards.” NBX, which claims to be the “leading” Nordic crypto exchange, has selected Enfuce, one of Europe’s major Fintech companies, “as its card service provider.” The partnership allows NBX “to offer… Read More

June 29, 2022 @ 4:21 pm By JD Alois  |  

According to a series of Tweets, the Norwegian government will dip its toes into leveraging blockchain technology. As shared in the Tweets, the Norwegian government will be utilizing Ethereum via Arbitrum for cap tables of private firms. Earlier today the Norwegian government announced they're using… Read More

June 4, 2022 @ 7:04 pm By Omar Faridi  |  

Norwegian financial services provider Bulder Bank has officially introduced new enriched data transaction services for their retail banking clients. Powered by Snowdrop’s Merchant Reconciliation System API, the new service transforms previously messy payment data and instead “returns enhanced and intuitive information that displays the clean… Read More