Petri Syvänne, Head of Global Payment Services and Infrastructure, Nordea, discusses the impact of PSD2 on the financial industry and the influence of fintech providers on banks.
Financial innovation firm R3 today announced that three additional major banks have joined its consortium to design and apply distributed ledger technologies to global financial markets.
Nordea has selected Accenture and Temenos to help the bank replace its core banking systems across the Nordics as part of a wide-reaching “simplification” programme.
Robin Bergholm, head of working capital management, Nordea discusses the highlights from a report the bank produced looking at working capital.
Erik Zingmark, deputy head, transaction products, wholesale banking, Nordea talks about the threats and opportunities that the Payment Services Directive 2 present for banks. While PSD2 will mean that banks face new competition, it will also give them more freedom, although to take advantage of this they will need to replace swathes of legacy IT, says Zingmark.
Petri Syvanne, VP, head of global payment services & infrastructure, Nordea talks about how the definition of instant payments should be tied to the user experience.
With Sweden recently staking a claim as a fintech hotspot, Stockholm-headquartered Nordea has moved to grab a slice of the action by setting up an accelerator programme with Finnish innovation agency Nestholma to nurture small businesses developing digital banking services across the Nordics.
Johan Trocme, head of corporate research, Sweden, Nordea goes through the highlights from the bank's Treasury in 2017 Report.
Nets acquires Nordea Merchant Acquiring – the section of Nordea’s payment business dealing with acquiring of international payment cards in the Nordic and Baltic regions – for a price of EUR 230 million (DKK 1.7 bn) on an enterprise value basis.
Nordea has hired Michal Panowicz from Polish direct bank mBank, as deputy head of digital banking.
© Finextra Research 2015