Nordic banks announce KYC joint venture plans

Nordic banks to explore common KYC joint venture — SEB — “Leading Nordic banks DNB Bank, Danske Bank, Nordea Bank, Svenska Handelsbanken and Skandinaviska Enskilda Banken have decided to explore the possible establishment of a Nordic Know Your Customer (KYC) infrastructure… The banks intend to set up a joint venture, Nordic KYC Utility… The company will be owned and controlled by the founding banks, however, the plan is that the company will also offer its services to third parties.”


Danske Bank partners with S-Bank to expand its MobilePay service to Finland

The revolution of mobile paying begins here: MobilePay to be introduced at S Group shops — Danske Bank — “In the autumn, all Finns will be offered the possibility to pay for their shopping and collect Bonus using a mobile phone. This becomes a reality as S Group and S-Bank enable payment with MobilePay at all S Group’s grocery shops around Finland… In Denmark, MobilePay is already used by 65 banks and more than 90% of all Danes.”


Nordea and Danske to join Norway’s Vipps mobile payment system

Nordea joins rival DNB’s Vipps payment app in Norway — Reuters — “Top Nordic bank Nordea will start offering rival DNB’s mobile payment app to customers in Norway, leading Danske Bank to shut its service in the country, the companies said on Wednesday… Copenhagen-based Danske Bank said it would no longer offer the Mobilepay service to Norwegian customers, and that it would instead seek a distribution deal with DNB.”


Danske Bank launches digital pocket money

Danske Bank launches digital pocket money — Danske Bank — “In the pocket money app, children can see when their pocket money is paid into their account and how their savings develop, while parents can use Mobile Banking to transfer money and keep an eye on their children’s pocket money… The solution includes a pocket money card, which can be used in ATMs, for payment in stores or online, if the parents allow this.”


Danske Bank brings Apple Pay to customers in Northern Ireland

Danske Bank brings Apple Pay to customers in Northern Ireland — Danske Bank — “Richard Caldwell, managing director of personal banking and small business at Danske Bank, reflected: ‘There has been a clear demand from customers for us to integrate Apple Pay, and I am delighted that we are now offering it. It is a great addition to our already strong online offering and will further improve customer experience.'”






Vodafone customers top up with PowaTag

Pay-as-you-go customers of Vodafone UK can now top up their mobile phones via Powa Technologies’ mobile payment platform PowaTag in more than 500 Vodafone stores as well as Argos, Brighthouse, Co-Op, Sainsbury’s, Tesco, JD Williams and Wilkinson... More


France’s Teleshopping network tunes into PowaTag mobile payments

More than 400,000 viewers of France’s largest television shopping network will soon be able to buy products featured on the TV channel by holding up their smartphone to the screen to scan audio tags that will then redirect them to the item’s online page where they can make a purchase using their stored payment information... More





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