Swedish central bank signs agreement to join TIPS from 2022
Swedish krona to be settled by EU-wide payments scheme in a few years’ time.
Swedish krona to be settled by EU-wide payments scheme in a few years’ time.
Monzo’s former head of product Ole Mahrt will also join its board of directors.
Also this week, Wirecard teamed with Southeast Asian ride-sharing firm Grab.
Klarna is already embedded into Alibaba’s AliExpress.
The operational loss is down to its US expansion and its set up of a Berlin-based tech hub.
Sweden’s CBDC is using R3’s Corda Enterprise Blockchain platform.
Swedish lending firm to deploy Abacus360 system on an outsourced basis.
30 million payments have already been made on the new system.
“Open banking has a tendency […] to do stuff globally or do it pan-European,” says CEO.
“You have most likely been screwed,” says co-founder on people’s previous purchases.
CBA will own half of Klarna’s Australian and New Zealand business.
Central banks in Canada, the UK, Japan, Switzerland, and Sweden are teaming up.
The fintech is launching in wider Europe and plans for listing.
Nordic payments group snaps up new firms to boost terminal services.
Tink has bagged transaction data from 32 FIs across the regions.
The start-up uses AI to simplify bookkeeping for small businesses.
International regulator investigates banks’ alleged failings.
Georges Mansourati spent eleven years at Swedbank.
Competitor Subaio has recently signed deals with various other Nordic banks.
Firm plans further expansion following successful projects in Scandinavia.
The bank has racked up a €1.3 billion bill for one-off items.
French banking group puts Nordic wing up for sale.
Investment going towards the development of hardware wallet firmware.
Spyros Retzekas, COO at Qualco says agility is the key.
The banks predict P27 will start generating revenue in 2021.
SEB’s studio set to experiment with cloud-based core system
Mambu banking engine gets green light 10 months after launch.
Businesses can see transactions in seconds rather than days.
Th trend is shifting from last year’s focus on renewable energy.
The neobank says it’s had a “constructive dialogue” with the SFSA
Capcito saw a 500% increase in active clients since last year.
EQT is the world’s seventh largest private equity fund.
The letter also asks for “stronger industry collaboration” with TPPs.
With its fresh new licence, Lunar Way is now the newest bank of the Nordics.
Customers can lower their interest rates in a matter of minutes
Nets’ Corporate Services business offers a gateway into several European markets
Combient mix aims to attract talent and drive automation.
The Swedish fintech gets another round a year after the first one.
The partners aim to build a world-first system across the region.
Roughly 44% of European credit risk experts don’t understand the benefits of machine learning.