Archive

Iceland’s Traditional Lenders Spearhead Fintech Innovation

In Iceland, the financial landscape is witnessing a dynamic interplay between traditional lenders and innovative fintech companies. These partnerships are reshaping Iceland’s financial sector, fostering innovation and providing customers with more efficient and diverse services. Over the past year, a

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Signicat Acquires Iceland’s Largest Digital Identity and Fraud Player

Norway based Signicat has announced the acquisition of SmartWorks, Iceland’s largest provider of digital identity and fraud prevention in electronic signing. With a Europe-wide presence and global coverage, this strategic operation aims to strengthen Signicat’s presence and expand its reach

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Redefining Resilience for Banks in the Digital Era With the Four Zeros

The banking industry stands at the brink of a major transformation, driven by rapid technological advancements and changing customer expectations in a dynamic digital landscape. This transformation is not without its challenges, as banks grapple with the critical task of

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Openfin Hack International Fintech Hackathon Opens for Applications

Leading financial institutions, Fintech companies, and Latvian and European financial industry associations opens application opportunities for the international Fintech hackathon “OpenFin Hack”, which aims to promote innovation to make financial services more secure, inclusive and accessible. The OpenFin Hack hackathon

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Sweden’s Capitalbox Acquires Denmark’s Invoice Purchasing SME Specialist Omniveta

CapitalBox, the Stockholm based alternative financing specialist for small- and medium-sized enterprises (SMEs), announced its acquisition of Copenhagen-based Omniveta Finance. Omniveta is an invoice purchasing company dedicated to improving lending liquidity for SMEs across Denmark. Founded in 2012, Omniveta specialises

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Swedish Fintech Startups Face Funding Challenges, Regulatory Hurdles

2023 was a tough year for the Swedish fintech industry as companies continued to face a challenging fundraising landscape, fueling a slowdown in new recruitments, and as regulatory requirements persisted in burdening fintech operations, a new report by the Swedish

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