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...
Five of the biggest banks in the Nordics are teaming up to create a joint anti-money laundering infrastructure. According to the Financial Times, after some of the lenders were criticized by regulators for a lack of preventative controls, Sweden’s Handelsbanken, Nordea and SEB — along with...
September 22, 2020
Banks from the United States to Europe are closing bank branches as consumers embrace digital banking amid the pandemic. These are just some of the financial institutions that are reducing their brick-and-mortar footprints: Deutsche Bank intends to shutter 20 percent of bank offices in Germany, the Financial Times reported. The financial institution said per 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...
June 01, 2018
Five of the biggest banks in the Nordics are teaming up to create a joint anti-money laundering infrastructure. According to the Financial Times, after some of the lenders were criticized by...