Nordea core banking chief Joseph Edwin leaves after six years
Joseph Edwin steps away from Nordic giant after many years leading major change.
Finland
Santander launches Prosper open banking-powered PFM app
Roll-out of Prosper has already started in Denmark.
SEB signs Google Cloud partnership extension
SEB to deploy Google services across wider segments of the bank.
Nordea to deploy AxiomSL’s RegCloud for regulatory reporting
Scandinavian bank aims to meet Finrep, Corep, AnaCredit, and SHSG requirements.
Swedish neobank Northmill raises $30m to power European expansion
The first stop along the way is a new product launch in Norway.
BBVA sells Holvi business lender, invests $150m in VC fund
Spanish banking giant ditches Finnish business bank, sells back to founder
Nets acquires Checkout Finland through Paytrail subsidiary
Nets happy to continue a wave of consolidation across European payments.
Holvi becomes next UK casualty, exits just six months after launch
The Finnish start-up says its departure is down to both COVID-19 and Brexit.
Icelandic challenger bank indó selects Enfuce
The challenger is gearing up for a launch later this year.
Euronext Corporate Services snaps up Finnish compliance firms
Ticker Software and Sidonnaisuusrekisteri.fi to sit under InsiderLog brand.
Challenger bank Lunar partners with Danish esports firm Astralis
Denmark and Sweden lead European esports usage.
OP Financial chooses Finnish fintech Enfuce for turn-key PSD2 services
The services will help develop APIs alongside evolving regulations.
Nordic API Gateway lands $5m from Danske Bank and DNB
The fresh capital will initiate an “aggressive growth” plan to achieve pan-European coverage.
Nordea helps suppliers to get paid early amid coronavirus
Suppliers will benefit from “several hundred million euros” early.
Wirecard strikes again with Klarna payments partnership
Also this week, Wirecard teamed with Southeast Asian ride-sharing firm Grab.
Swedbank partners SIA and TietoEVRY for RT1 payments
30 million payments have already been made on the new system.
Nordic API Gateway CEO: Fintechs trying to be European too fast
“Open banking has a tendency […] to do stuff globally or do it pan-European,” says CEO.
Finnish SME banking service Holvi launches in UK
The challenger already has 200,000 customers largely in Finland and Germany.
Nets acquires Finnish firms Poplatek and Poplapay
Nordic payments group snaps up new firms to boost terminal services.
OP Financial Group signs Minna Technologies to advance open banking
Finland’s largest financial group calls the partnership “the right match”.
Mastercard and Doconomy bring carbon tracking to Bank of the West and Nordea
The news was unveiled at Madrid’s UN Climate Change Conference COP25.
Carbon footprint tracker for purchases Enfuce raises €10m
Enfuce is dubbed the biggest fintech start-up in Finland.
OP Financial chooses Nordic API Gateway for open banking
OP Financial is looking for partners focusing on CX, reliability and security.
Nordea writes off millions in IT impairment charges
The bank has racked up a €1.3 billion bill for one-off items.
How to thrive in an ever changing market, a conversation with the COO of Qualco
Spyros Retzekas, COO at Qualco says agility is the key.
Finnish invoicer Enterpay raises €1m and partners with German bank
The fintech partners with Volksbanken Raiffeisenbanken.
Nordic banks reveal business plan for single payments platform P27
The banks predict P27 will start generating revenue in 2021.
Danish fintechs partner to set new standards for accounting industry
Businesses can see transactions in seconds rather than days.
Telia and OP Financial test facial recognition payment
The pair installed Finnish firm Pivo’s technology in an ice cream truck.
Tieto buys Nordic banking tech rival Evry for €1.3bn
Combined, TietoEvry will have 24,000 employees and annual revenues of €3 billion ($3.4 billion).
Trustly and Collector Bank team for instant payments to Nordic merchants
The partnership seeks to take advantage of the popularity of online bank payments in the region.
Holvi expansion targets micro businesses in five new European markets
Finnish start-up serves “everyday entrepreneurs” with business current accounts.
Three Finnish banks to move to shared core and payments tech from Temenos
Temenos’ regional partner Cognizant will implement and manage the new platform.
Cognizant acquires Finnish IT firm Samlink
Will also build and operate a shared core banking platform for three companies.
Evry wins $75m Handelsbanken contract
Evry will provide Software-as-a-Service (SaaS) core banking and payment solutions.
Nordea and Finnish friends to digitalise share trading on blockchain
Joined by Asiakastieto, OP, Privanet and Tieto for a feisty fintech force.
Holvi takes Uber drivers to financial heights
Two have joined forces to help Uber’s drivers manage their finances.
Independence day for Danske’s MobilePay in Finland
MobilePay becomes independent as nation’s regulator grants it payments licence.
Nordea and Invesdor fuel financing for Finnish firms
Offering alternative financing solutions for growth companies.
Top fintech stories this week – 27 April 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
