Norway

Signicat Acquires Sphonic

Norway’s Signicat, a leading provider of digital identity and electronic signature solutions, is acquiring all shares in the UK-headquartered anti-fraud company Sphonic for an undisclosed sum. Existing management shareholders will reinvest a substantial part of the consideration into Signicat. Signicat

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Tink Expands Open Banking Payments Services to Finland and Norway

Tink, Europe’s leading open banking platform, has announced the expansion of its open banking payments services to five new markets across Europe. Its Payment Initiation Services (PIS) product is now live in the Netherlands, Norway, Estonia, Finland and Latvia. Tink

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Payment Firms Dominate Mastercard’s Lighthouse FINITIV 2022 Programme

Five payment acceptance startups were among the 15 selected to meet Mastercard in the Lighthouse FINITIV programme. Since its launch in 2018, Lighthouse FINITIV has created a forum for selected startups to enter partnership discussions with Mastercard and its largest

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The Biggest Fintech Funding Rounds of 2021 in the Nordics

The fintech industry in the Nordic region, which comprises Denmark, Finland, Iceland, Norway and Sweden, saw strong funding growth in 2021 with record deal amounts. Out of the ten biggest funding rounds announced this year, Sweden leads the chart with

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In Europe, Nordic Countries Have the Most Advanced Open Banking Ecosystems

In Europe, the Nordic countries of Sweden, Denmark and Norway have the most advanced open banking ecosystems. Trailblazing regional regulatory regimes, highly developed digital infrastructures, and a pan-Nordic collaborative approach have enabled these countries to take the lead over the

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FSS Taps Norway’s Payment Firm Zwipe to Offer Biometrics Payment Cards Globally

Financial Software and Systems (FSS), a global provider of integrated payment products and a payment processor, is partnering with Zwipe, a Norway-based paymets fintech, to bring biometrics payment cards to issuers globally. Both entities will collaborate closely, offering greater value

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Norway’s Central Bank to Test Viability of a CBDC Over the Next 2 Years

Norges Bank, the central bank of Norway, announced that it will test various technical solutions for a central bank digital currency (CBDC) over the next two years in line with the recommendations of an internal working group. The working group

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6 Fast-Growing Fintech Companies from Norway

Norway is home to over 120 fintech companies with the vast majority of solutions available right now focusing on mobile payments and online banking, though other segments such as data and analytics, insurtech, data and analytics, and wealthtech, are also

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Opera Hires PayPal’s Former Exec as New EVP for Its Fintech Arm Dify

Opera Limited, a browser provider headquartered in Oslo, announced that it has hired PayPal veteran Allen Hu as the new Executive Vice President (EVP) of Dify, which is the browser’s fintech arm. An expert in financial technology and payments, Allen

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