denmark

‘Travel Bubbles’ Key To Getting Consumers To Travel Cross Border
‘Travel Bubbles’ Key To Getting Consumers To Travel Cross Border
June 03, 2020  |  Travel Payments

The summer travel season is upon the Northern Hemisphere, and while many consumers would normally be setting their sights on visiting new lands, international travel...

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Silicon Valley Bank To Lend $200M To Danish Tech Firms
Silicon Valley Bank To Lend $200M To Danish Tech Firms
November 06, 2019  |  Loans

Silicon Valley Bank, a unit of SVB Financial Group, revealed plans to invest a minimum of $200 million to supply loans to Danish technology companies....

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Negative Rates Have Danish Banks Snapping Under Pressure
Negative Rates Have Danish Banks Snapping Under Pressure
August 28, 2019  |  International

Seven years of negative central bank rates in Denmark have financial institutions in a tailspin, Bloomberg reported on Wednesday (Aug. 28). Sydbank and Jyske Bank...

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Nordea Bank Under Investigation For Possible Money Laundering
Nordea Bank Under Investigation For Possible Money Laundering
June 17, 2019  |  Security & Fraud

Nordea Bank’s Danish headquarters was raided and searched by the country’s state prosecutor for potential ties to illegal money laundering, according to a report in...

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Denmark’s Ex-Finance Regulator Charged In Money Laundering Scandal
Denmark’s Ex-Finance Regulator Charged In Money Laundering Scandal
May 13, 2019  |  Security & Fraud

Henrik Ramlau-Hansen, the former chair of Denmark’s financial regulator and former Danske Bank finance director, has been charged by Danish economic prosecutors. According to a...

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Loomis To Launch Internal Money Laundering Inquiry
Loomis To Launch Internal Money Laundering Inquiry
May 09, 2019  |  Security & Fraud

Loomis, the Swedish cash handling company, said it will launch an internal inquiry into allegations it was involved in a money laundering scandal in Denmark....

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EU Watchdog Calls For Money Laundering Reform
EU Watchdog Calls For Money Laundering Reform
April 28, 2019  |  Security & Fraud

The European Banking Authority is facing calls from the financial regulation head in Europe to improve its money laundering safeguards after opting not to pursue...

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Ernst & Young, KPMG Reported To Danish Police For Money Laundering
Ernst & Young, KPMG Reported To Danish Police For Money Laundering
April 15, 2019  |  B2B Payments

Danish operations of Ernst & Young (EY) and KPMG are now under investigation by Danish police related to money laundering cases. According to Bloomberg, EY...

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Denmark Bans €500 Note To Stymie Money Laundering
Denmark Bans €500 Note To Stymie Money Laundering
April 05, 2019  |  International

Denmark has decided to ban 500-euro notes in an attempt to fight money laundering in the country. The decision was made despite a request by the...

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