The biggest Nordic banks expect to launch a new piece of financial infrastructure next year, promising to dramatically speed up international transfers in one of the world’s most technologically advanced regions.
Trustly, a Stockholm-based startup whose technology enables cross-border and online payments, has partnered with optile, a German online payments company, to expand the number of European merchants it supports for direct online bank payments.
Amazon recently made headlines by teaming up with JPMorgan Chase and Berkshire Hathaway in a collaboration that might use e-commerce tools to wring inefficiencies out of the companies' health care coverage. It's an idea that's already underway in Sweden.
Klarna’s instant online financing for purchases is gaining a foothold in the U.S., where the Swedish company is testing a subscription-based financing approach starting with golf clubs from TaylorMade Golf.
Ingenico's $1.7 billion deal to buy Sweden's Bambora will reduce the company's reliance on brick and mortar retail while arming it for battle in the highly competitive market for digital commerce and payments.
Seamless is aggressively pushing the reach of its SEQR wallet through global partnerships designed to make the app available at millions of merchant locations, enable technology-agnostic transactions, and pry more retailers away from bank issued cards.