P27 Nordic Payments withdraws clearing licence application, leaving the project’s future unclear
P27 says “new requirements and regulations” have challenged its operating model.
P27 says “new requirements and regulations” have challenged its operating model.
30 million payments have already been made on the new system.
International regulator investigates banks’ alleged failings.
Georges Mansourati spent eleven years at Swedbank.
The banks predict P27 will start generating revenue in 2021.
The new innovation hub will focus on fintechs.
The bank has also become a key investor.
The subscription management tech now aims to make customer experience easier.
Banks are planning to complete this transaction by 1 July 2019.
The P27 project intends to launch new piece of financial infrastructure next year.
Swedbank is also Meniga’s client.
Danske Bank, DNB, Handelsbanken, Nordea, OP Financial Group, SEB and Swedbank in talking mood.
Swedbank has acquired payment provider PayEx as it seeks to enter new markets and add more services. PayEx is a privately-owned group comprising several companies in Sweden, Norway, Denmark and Finland. It offers payment solutions for internet, mobile and physical commerce and administrative services within billing, account management and debt collection. The company also offers […]
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Misys says Swedbank will use the vendor’s flagship commercial lending system, FusionBanking Loan IQ, as “its full-service agency administration and bank portfolio loan administration platform”.
Swedbank has restructured its management team and launched a digital banking group. The new “Group Function Digital Banking” will be responsible for digital sales support, development and innovation. The bank is looking for a permanent head of digital banking. Birgitte Bonnesen, president and CEO of Swedbank, says the changes are a “natural step” and meet […]
Swedbank has gone live with Nuance Nina, a virtual assistant that delivers a human-like, conversational customer service. The system, provided by US-based Nuance Communications, sits on the Swedbank website and the bank’s customers can type their questions to the virtual assistant. Swedbank customer service agents are also using the system to source information for customers. […]
Treasury and capital markets software specialist Calypso Technology has developed “an industrialised blueprint for reducing complexity and cost in banks”. The Calypso Bank-in-a-Box was developed in collaboration with a group of global banks to consolidate and document their processes and systems in the face of market and regulatory changes.
Swedish regional bank Swedbank is planning to roll out new ATM applications for 206 branches across the Baltic countries of Estonia, Latvia and Lithuania. The company will also upgrade more than 150 of its ATMs as part of a new multi-channel banking strategy.
Swedbank has become the first live user of Bloomberg PolarLake’s managed service model for enterprise data management.