Nordic API Gateway launches platform to increase open banking innovation for all types of businesses

Copenhagen Fintech
In recent years, new initiatives have been sprouting up from businesses, governments and communities aimed at shaping a sustainable future, the result of increasing awareness and knowledge of the effects of climate change. However, many such efforts have been put on hold due to the COVID-19 crisis, which has caused a devastating impact not only on the many lives lost, but also severe economic disruption.

Purpose-driven innovation will build resilience for companies

Copenhagen Fintech
In recent years, new initiatives have been sprouting up from businesses, governments and communities aimed at shaping a sustainable future, the result of increasing awareness and knowledge of the effects of climate change. However, many such efforts have been put on hold due to the COVID-19 crisis, which has caused a devastating impact not only on the many lives lost, but also severe economic disruption.

Fuelling sustainable fintech innovations

Copenhagen Fintech
In recent years, new initiatives have been sprouting up from businesses, governments and communities aimed at shaping a sustainable future, the result of increasing awareness and knowledge of the effects of climate change. However, many such efforts have been put on hold due to the COVID-19 crisis, which has caused a devastating impact not only on the many lives lost, but also severe economic disruption.

Fintechs Reach Adulthood

Copenhagen Fintech
Within a few years, Danish fintechs have gone from being rebellious startups to sustainable organisations that are exacting a strong influence on the financial landscape. However, alongside this rapid growth must navigate compliance, licensing, and regulation issues. Tackling these adult challenges while remaining agile and innovative requires a constant balancing act.

The opportunities of digital finance in the time of COVID-19 and beyond

Copenhagen Fintech
The COVID-19 pandemic is not only a global health crisis, it is also an economic crisis – and has increased poverty and inequality across the globe. Over the past few months, we have seen income and job loss, particularly in the informal sector; a decline in global trade and tourism; and an increase in food insecurity.

Nordic fintechs aim to unlock ASEAN’s sustainable development potential

Copenhagen Fintech
Partnerships are front and center of the SDGs and the 2030 Agenda for Sustainable Development. A successful development agenda requires inclusive partnerships at the global, regional, national and local level. Singapore and Denmark already have such close fintech partnerships in place through three collaboration agreements. 

British Business helps Digital Denmark

Copenhagen Fintech
Denmark frequently tops the global rankings for digitisation, with first place on the United Nations E-Government Report 2020 being the latest amongst others. But despite a highly digitised society, only 5% of its companies are using AI or machine learning, and Denmark’s industry can occasionally struggle strategically and operationally in this environment.

Fintech Junior: Capturing Denmark’s Young Banking Segment

Copenhagen Fintech
Danish banks and fintech startups alike are fighting for young banking customers. More than customer loyalty, this war is being waged over personalised digital solutions.

A Value-Driven Recovery: The Nordic Fintech Moment?

Copenhagen Fintech
We need to mobilise trillions of dollars every year if the ambitions of the UN's Sustainable Development Goals (SDGs) are to become a reality. The money is available in the financial markets, yet is not being channelled towards sustainable outcomes at the scale or speed required. However, fintech startups are aiming to change this by leveraging technology.

Fintech in Everything: Financial Tools Are Changing the Nature of Every Business

Copenhagen Fintech
Fintech inventions are not just gaining traction in the financial sector, the new toolbox is spreading throughout industries.

Doing Business in Greater Copenhagen Is More Unique Than You Might Think

Copenhagen Fintech
Strong business metrics and unique values led 50 foreign companies to establish operations and relocate staff to Greater Copenhagen last year.

Danish Fintech Trends 2020: Growth, Cooperation and More Sustainability

Copenhagen Fintech
We need to mobilise trillions of dollars every year if the ambitions of the UN's Sustainable Development Goals (SDGs) are to become a reality. The money is available in the financial markets, yet is not being channelled towards sustainable outcomes at the scale or speed required. However, fintech startups are aiming to change this by leveraging technology.

Japan: The Next Big Market for Danish Fintechs?

Copenhagen Fintech
While cultural and linguistic differences often discourage Danish fintech startups from entering the Japanese market, it offers immense opportunities that Copenhagen Fintech aims to exploit.

Lunar’s New Business Bank Targets Entrepreneurs

Copenhagen Fintech
The digital bank, Lunar, brings a new business bank to the market to ensure that entrepreneurs and small companies can get a bank account quickly and inexpensively.

New Payment Engine Optimises Companies’ Accounting and Increases Profit

Copenhagen Fintech
November First makes the accounting process more time efficient, accurate and saves costs on cross border payments by moving the payment capability from the online bank directly into the accounting software.

Rebuilding Financial Trust through Sustainable Growth

Copenhagen Fintech
The economic and public health crisis caused by Covid-19 has permanently changed the financial industry, which has led to an increased demand for digital banking among clients. Salesforce’s fintech expert Ole Andersen explains how Salesforce helps service providers adapt to this new normal.

Financial Inclusion: Profiting in Unexpected Markets

Copenhagen Fintech
By including technology and new business models, startups are able to turn financial services with low revenues into good businesses. This is seen both in East Africa and in Denmark.

Move Fast with Stable Infrastructure: Fintechs Need a Strong Foundation to Scale

Copenhagen Fintech
Fintechs are growing and impacting more of their users’ everyday life. But with great power comes great responsibility, which makes stable infrastructure key if growth is to be maintained.

As Robo-Advisors Grow in Popularity, Can they Offer Sound Advice on Investments that Tug at the Heart?

Copenhagen Fintech
New investors are continually entering the market thanks to rational robot advisors, who now manage billions of Danish kroner for thousands of customers. Yet, the combination of data-driven algorithms, investment yield, and sustainable development goals are presenting an increased need for a balancing act.

Bank Customers Take Control of Their Subscriptions With Technology

Copenhagen Fintech
Subscriptions are more popular than ever, and most users have more subscriptions than they know. But with transactional data and algorithms, Subaio organises the subscriptions – and this is good for the consumers as well as the banks.

New Cryptographic Products Aim at Democratising Data Processing

Copenhagen Fintech
Until now, companies and organisations have encrypted data to transfer and store it safely. But so far, it has not been possible to data process encrypted data without decrypting it first. This is now changing with PII Guard's unique encryption products.

The Crypto Industry Intent to Decentralise Financial Services

Copenhagen Fintech
While fintech startups challenge the banks and deliver new innovation to the sector, blockchain companies fundamentally change the rules of the game with ’Decentralised Finance.’

Ageras Aspires to Create the Ultimate Financial Cockpit for Small Companies

Copenhagen Fintech
A line of acquisitions of small fintech companies has turned Ageras Group into a financial ecosystem, which is helping small companies. The goal is not just to offer the best accounting software, but to gather the companies' finances in one place.

VP Securities: Focus on the Financial Infrastructure of the Future

Copenhagen Fintech
The world’s first digital Central Securities Depository, abbreviated CSD, was developed by VP Securities 40 years ago. As part of VP Securities’ focus on the future’s financial infrastructure, it participates in ‘Copenhagen Fintech’ to be inspired by and contribute to early-stage fintechs.

Corona Has Added New Dimensions to the Digitalisation of the Financial Industry

Copenhagen Fintech
The financial sector had to adjust from one day to the next when the Corona lockdown hit. It has given a new impetus to digitalisation but also shown that the balance between digitalisation, organisation, and human competencies is crucial.

Festina Advisor is the Key to Good Customer Relationships

Copenhagen Fintech
Faster calculations of the disposable amount available and a visual overview for the customer make Festina Advisor play a central role when the bank advisors at Sparekassen Kronjylland create good customer experiences.

A Digitally Born Neobank Can Also Be Local

Copenhagen Fintech
Local brick and mortar branches are closing while global, digital-only neobanks are raking in the customers. However, the neobank Lunar Way from Aarhus is suggesting a third format: a scalable digital bank that has made the conscious decision to not be ‘born global’ but to ‘bet local’ instead.

This Nordic Fintech is Changing the Payment Landscape with Open Banking

Copenhagen Fintech
The financial sector has referred to account payments as the next major shift in the payment landscape for a long time. Now, the expectations are starting to come true.

In 2020, Accounting Rhymes with Intelligent Automation

Copenhagen Fintech
The Danish company Acubiz cures headaches caused by expenses with a cocktail consisting of automation and app-based expense handling, while also securing compliance with legislation and the companies’ internal regulations.

Payment is also Customer Interaction

Copenhagen Fintech
FarPay gathers all payment solutions and integrates them directly into the accounting system. Not only is this convenient and efficient, but it also facilitates new approaches to interact with customers.

Reimagine Financial Experiences

Copenhagen Fintech
CrediWire is a platform for financial optimisation for companies and their advisors. The platform aims to improve collaborations between companies and advisors by ending a retrospective and sporadic status quo.

Does Covid-19 Challenge Sustainable Development?

Copenhagen Fintech
Within the last couple of years, sustainable development and impact have started to permeate companies’ agendas – especially thanks to the UN’s Sustainable Development Goals. But then the Corona crisis hit, and companies suddenly had to focus on survival. We asked four impact experts what the pandemic means for sustainable development.

Fintechs Take Responsibility: Aiming to Navigate the World's Cashflow towards Sustainability

Copenhagen Fintech
We need to mobilise trillions of dollars every year if the ambitions of the UN's Sustainable Development Goals (SDGs) are to become a reality. The money is available in the financial markets, yet is not being channelled towards sustainable outcomes at the scale or speed required. However, fintech startups are aiming to change this by leveraging technology.

To Attract and Retain Customers, Banks must Invest in Digital Tools

Copenhagen Fintech
With Danes' growing fortunes, competition between private investment companies and banks is on the rise. Against this backdrop, Festina Finance has developed a digital tool that makes it easier to attract clients who are prepared to invest while living up to the administrative burdens that requires a lot of resources from the banks.

Blockchain can be the key to more green investments

Copenhagen Fintech
SPONSORED: Green investments have become so popular that investors lack more great and green projects to throw their money at. The new platform ’Green Asset Wallet’ wants to help change that by using blockchain to help issuers and investors trust each other across geography and culture.

Incumbents Must See ­Digitalisation as a Silver Lining

Copenhagen Fintech
Fintech initiatives and ­customer expectations of ­digital offerings will ­challenge any established financial ­institution over the next three to five years. To tackle the transformation, banks and insurers need help ­before it is too late. With vast ­experience from both the banking and technology sector, NOR ­Associates are equipped to help ­institutions through this process with a hybrid ­approach.

With the Digital Finance ­Revolution Comes Great Responsibility for ­Sustainable Development

Copenhagen Fintech
The digital revolution has transformed the world’s ­financial systems at every level and ­digitalisation has affected every area of life, not just financing.

Consumers are Value-­driven – Retailers Should Be Data-driven

Copenhagen Fintech
Contrary to popular belief, the retail experience does not end the moment a customer pays for a product. People demand clear returns, refunds, or ­exchanges ­process. What retailers don’t ­recognise is the impact of a poor after payment experience; it will result in them losing ­customers, loyalty, and, ­ultimately, ­profitability.

There Is a Catch to the Cloud

Copenhagen Fintech
Cloud computing is on its way to be the dominant infrastructure model and it is just getting ­started – but there are still hiccups to address. To address the complications, companies have to take on cloud management with Software Intelligence.

Bias Drives Fintech Gender Gap

Copenhagen Fintech
The Nordics are leaders in gender equality, but not in the fintech sector. It’s time to discuss ­unconscious bias, and bridge the gap in fintech, not just because it’s the right thing to do but also because it's better for business.

Untapped Asian Opportunities

Copenhagen Fintech
Even though the European Union’s payment services directive, PSD2 has just opened the European market to fintechs, Copenhagen Fintech has already brought a number of fintechs to Asia – including India, Singapore, and Japan.

Let’s Talk About the Next Big Thing in Payments

Copenhagen Fintech
Credit cards are increasingly being ditched for smartphone payments. In the near future, all of your transactions might be completed by using your voice. Now that the advanced data that enables invisible payments is here, let’s talk about its potential – its virtues and its vices.