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Five Nordic banks mull KYC joint venture

KYC JV??? Five Nordic banks have put their thinking caps on over the possible creation of a regional know your customer (KYC) infrastructure. DNB, Danske, Nordea, Svenska Handelsbanken and SEB are in a...

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Evry one wins with Handelsbanken’s handy wristband payments

Handelsbanken, Norway’s national payment system BankAxept, and Evry have launched contactless payments from micro bank cards in wristbands. According to Evry, Handelsbanken’s customers become the first...

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Nordic banks’ payments infrastructure plan picks up pace

A group of Swedish, Danish, Norwegian and Finnish banks expect to launch a new piece of financial infrastructure next year for the establishment of their pan-Nordic payment network. There weren’t...

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Evry wins $75m Handelsbanken contract

Less than a month after landing a deal worth almost $77 million, Nordic IT company Evry announced it has inked a $75 million contract with Handelsbanken in Finland, reports Julie Muhn at Finovate....

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Five international banks to join UK’s CHAPS system

Five international banks are to become direct participants in the UK’s CHAPS high-value payments system. As direct participants, BNY Mellon, ING Bank, Northern Trust, BNP Paribas and Société Générale...

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IT teams need to address the challenges facing UK banking

David Tryon is director of client management, business process solutions at DST The challenger banks are coming of age. Aldermore, the UK’s fastest growing bank, is rumoured to be preparing for its...

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Nordic banks mull common payments infrastructure

A group of Swedish, Danish, Norwegian and Finnish banks is mulling the establishment of a pan-Nordic payment infrastructure supplemented by common products. The banks involved are Danske Bank, DNB,...

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Nordic banks reveal business plan for single payments platform P27

The six Nordic bank owners of instant payment system P27 have announced their business plan and agreed to invest in the company until it becomes financially sustainable. P27: “The world’s first...

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Six new lenders accredited for UK CBILS

Six new lenders have landed Coronavirus Business Interruption Loan Scheme (CBILS) accreditation. These include 365 Business Finance, FOLK2FOLK, Handelsbanken, LendingCrowd, Maxxia, and Nucleus...

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