In today’s top payments news around the world, SEB is the global coordinator and bookrunner of Scandinavia’s first blank-check company, while Bird is launching an expansion across Europe and is earmarking $150 million toward the plan. Plus, Cover Genuis has named a new senior vice...
Nordic financial services group SEB is the global coordinator and bookrunner of Scandinavia’s first special purpose acquisition company (SPAC) and is now building out a corporate finance unit, Bloomberg reported. The SPAC plans to go public in Stockholm on March 25, Bloomberg reported. The deal...
Open application programming interfaces (APIs) are playing an increasingly important role in the financial industry as the field grows increasingly digital. APIs allow banks and technology providers to coordinate development much more easily, enabling the creation of innovative new products and services for functions such...
A Swedish regulator has opened an investigation into SEB, one of Sweden’s largest banks, over an increasingly volatile money-laundering scandal that has adversely affected the reputation of the region’s banking industry, according to a report by the Financial Times. The probe is being done by...
May 31, 2022
InsurTech SEB Administrative Services has teamed up with consumer financing firm Everyday People to launch a healthcare spending account Mastercard aimed at small businesses in Canada, the companies said in a news release Tuesday (May 31). “Healthcare spending accounts help business owners save on medical costs by turning an after-tax personal medical expense into a […]
March 16, 2021
Nordic financial services group SEB is the global coordinator and bookrunner of Scandinavia’s first special purpose acquisition company (SPAC) and is now building out a corporate finance unit, Bloomberg reported....
December 18, 2019
A Swedish regulator has opened an investigation into SEB, one of Sweden’s largest banks, over an increasingly volatile money-laundering scandal that has adversely affected the reputation of the region’s banking...
November 28, 2019
SEB believes there is no need to take further action after the bank was accused of having links to suspected money laundering in Estonia. Earlier this month, the bank revealed...