Several of the largest banks in the Nordic region have reached an agreement to finance the development and rollout of instant payment system P27, Reuters reported Wednesday (Oct. 9). The initiative would create a real-time payments service that consolidates existing payment services into a single...
The Nordic’s P27, a bank-owned initiative to create a common payments platform across the region, is looking into buying Swedish clearing payment firm Bankgirot. P27 is a joint initiative created by Danske Bank, Handelsbanken, Nordea, OP Financial Group, SEB and Swedbank that aims to link...
The head of the Financial Supervisory Authority (FSA) in Finland has warned that Nordic banks involved in money laundering scandals should be measured in their response and not withdraw from the area, according to a report by Bloomberg. A number of Nordic banks have been...
Back in February, PYMNTS reported speculation around plans for an IPO for Nets, Scandinavia’s biggest payments firm. Now, the business has announced that plans are in place to go public. Nets has applied for an IPO in a partial share sale, which analysts predict will...
July 12, 2022
Nordic IPOs are likely to do better before the first half of next year is over, according to statistics from Deutsche Bank, compared to the lull in the region now. The area was the hotspot for new listings last year, but slowed down lately, Bloomberg reported Monday (July 11). The report said that there’s been […]
October 09, 2019
Several of the largest banks in the Nordic region have reached an agreement to finance the development and rollout of instant payment system P27, Reuters reported Wednesday (Oct. 9). The...
May 28, 2019
The Nordic’s P27, a bank-owned initiative to create a common payments platform across the region, is looking into buying Swedish clearing payment firm Bankgirot. P27 is a joint initiative created...
March 14, 2019
The head of the Financial Supervisory Authority (FSA) in Finland has warned that Nordic banks involved in money laundering scandals should be measured in their response and not withdraw from...
