What's New in Payments

Nordic banks to build new payments infrastructure for instant cross-border payments

Banks are building a super-speed money highway in the Nordics — Bloomberg — “The P27 project — so-called for the 27 million people who live in Sweden, Norway, Denmark and Finland — will build on the success of smartphone payment applications that Nordic banks have already created, like Swish in Sweden, Norway’s Vipps, and MobilePay in Denmark… The aim is to make it possible to clear payments and settle accounts within seconds, regardless of currency.”




NFC World

Swish and WyWallet face off

The mobile wallet offering from Sweden’s four network operators is to be called WyWallet and is due to launch in mid-2012, Lars Aase of Swedish mobile payments specialist Accumulate has told NFC World... More