Why Fintech Matters

Copenhagen Fintech
Fintech is often seen as something (confined by conventional thinking) that only “happens” in the traditional industry verticals of financial services – banking, pension and insurance. Much of the technological innovation is still centred in the financial domain, where large incumbent organisations rule. However, this is rapidly changing.

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.

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.

The Innovation Paradox: Just Because We Have the Ability to Innovation Does Not Mean We Have To

Copenhagen Fintech
Without question, human beings are drawn to convenience. As a testament to this, consumer behaviour has changed with the speed of innovation, and we continue to demand more. The flipside is that we are often overwhelmed by the wealth of choices we have, and are left unable to assess our options and act according to our best interests.

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.

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.

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.

How Fintech is Trending in Denmark

Copenhagen Fintech
One year has passed since the last release of Copenhagen Fintech Magazine, marking an opportunity to take stock and look ahead. And what a year it has been. Among a host of highlights, Denmark saw its first fintech unicorn – as Tradeshift closed a record investment round, joined by Goldman Sachs.

Top Nordic Banks Stay Relevant by Investing in Fintech Startups

Copenhagen Fintech
Investing in fintech is no longer exclusively for venture capitalists focussed on returns on ­investments. Top Nordic banks have gotten in on investing, and with a more strategic focus.

Copenhagen: The Nordic Capital of Asset Management and Fintech

Copenhagen Fintech
The financial ecosystem in Copenhagen has developed into a stronghold over the past decades. Now, Copenhagen is gradually becoming a preferred location for global financial institutions looking for a domicile in the EU.

Banks Were Not Made to Be Open – Until Digitalisation Became Mainstream

Copenhagen Fintech
Digitisation and new technology presents banks with new challenges and opportunities. Although most stakeholders tend to focus on the challenges, banks have opportunities to grow and prosper, if they anticipate and strategically navigate change management.

The European Union’s ­Payment Infrastructure Is Changing, but Most Users Will Not Care

Copenhagen Fintech
Given the ubiquity of the internet and the wide adaption of smartphones, a new arena for digital- driven payment services has arrived. While this has created a broad ecosystem for consumers to dive into, infrastructure providers are moving in the opposite direction.

An Intelligent Mortgage Advisor Is the Human Side of AI

Copenhagen Fintech
Festina Finance applies artificial intelligence (AI) to streamline the mortgage application ­process, and the Copenhagen-based firm’s first partnership with a UK based building society is transforming the end-to-end customer journey.

From Furniture to Fintech: The Competitive Advantage of Danish Design

Copenhagen Fintech
Danish design is recognised worldwide, and this should be exploited when new fintech solutions are developed and ­launched.

A Fintech Wants to Do All of Your Grocery Shopping While Making You Healthier and Wealthier

Copenhagen Fintech
Spenderlog nudges consumers to buy items that help them spend money smarter while ­simultaneously achieving personal health goals, and the team sees significant potential for ­making all shopping experiences more convenient through fintech focused on creating fully automated grocery shopping.

Danish ­Fintechs Have Huge, ­Global Opportunities

Copenhagen Fintech
Although financial ­companies face global competitors, this creates opportunities for ­Danish companies to innovate to stand out.

Fintech in Emerging Markets Is Not Disruptive – It’s a Vital Change

Copenhagen Fintech
The emerging markets have vast demographics, where many don’t have access to the financial services industry. However, at least a handful of Danish fintech start-ups have set a goal to change that using innova­tive fintech developments in these growth markets.

Keeping Ahead of the Fintech Curve

Copenhagen Fintech
While six leading Danish fintech companies see eye-to-eye on why the intersection of finance and technology will soon ­dissolve, opinions differ on issues related to scale and fundraising. And we explore what the fintech founders mean when they say you should think global from your first algorithm.

Fintech is Spreading to Every Sector – and This Scaleup Makes It Possible

Copenhagen Fintech
In five years, financial data and payment initiations will be so mainstream, it doesn’t make sense to talk about ‘fintechs’ ­anymore, says Rune Mai, co-founder of Nordic API Gateway, which delivers the infrastructure that makes it possible.

The Record-Breaking Funding Year in Fintech

Copenhagen Fintech
Danish fintech has broken every record over the last 12 months. A Danish fintech unicorn is born, foreign investors have set their scope on the Danish financial ecosystem, one fintech raised 2,7 million euro without having launched a ­product yet, and financial incumbents are partnering with and investing in scaleups.

Partnerships Paves the Way for Expansion

Copenhagen Fintech
From a bleeding edge biometric payment fintech to anti-money laundering technology in ­cryptocurrency. There are many types of partnerships between Nets and fintechs. ­However, they are always looking for the same characteristics: a promin ent and promising ­technology they can help scale and strengthen the presence in the European region.

Greenify Your Own City

Copenhagen Fintech
Global Fintech company OwnCity, based in Los Angeles and Copenhagen, is building a ­crowdlending platform where citizens can make ­green investments in energy efficient retrofits of buildings in their own local communities.

AI and Legislation Are Shaking Up Bank Operations

Copenhagen Fintech
Technology developments within the financial sector are boosting both customer and investor expectations of new services and products. At the same time, the sector faces increasing legal requirements from the EU in the wake of the financial crisis ten years ago.

Dataism Is the Future Religion in the Financial Sector

Copenhagen Fintech
The financial sector has always been a wealth of data. As the value of data is rising, it leaves the banks and financial institutions with the question: What value can we achieve through a more commercial approach to data?

Democratising Clean Air One Block at a Time

Copenhagen Fintech
A combination of blockchain, solar, microgrid and renewable energy technology, the beautifully designed little village by SPACE10 clearly illustrates a compelling and realisable solution to ­global energy poverty.

The Wave of Automation

Copenhagen Fintech
The revolution will be ­automated and democritised. Artificial Intelligence is here and it is making financial ­services easier, cheaper, faster and more personalised.

Brace for Blockchain Impact

Copenhagen Fintech
Since bitcoins spike in late 2017, cryptocurrencies have seen a harsh winter with prices dropping across the board. No more headlines in mainstream media about the prices surging every day, no more hyper funded ICO’s and no more “blockchain is overthrowing traditional banking within a few years”.

Nets on a Quest for European Scale

Copenhagen Fintech
The payment company wants to be a leading European player in a rapidly growing payment ­industry. Already a leading provider of digital payment products and services in the Nordic ­region, the group sees opportunities in scaling its digital payment platforms to offer digital ­payment solutions and value-added services to a European region where cash is still king.

The Future of Financial Institutions Will Require a Compliance Strategy, Not Just Innovation

Copenhagen Fintech
Financial institutions must transform compliance strategy to a digitised world and a holistic and transverse mindset can in some financial companies be perceived as a major challenge. ­However, change is necessary, and new technologies can accelerate the change.

The Most Important ­Resources in ­Digital Transformations Are ­People

Copenhagen Fintech
Digitisation has become an integrated part of the financial sector, and that might mean fewer employees. However, lessons from the best digital bank in the world indicate that people must be at the centre of the ­transformation.

Digital Pension Savings ­Solution Will Help 325,000 Employees Start Saving

Copenhagen Fintech
The Danish fintech startup, Grandhood is helping 325,000 employees in small and medium enterprises start saving for retirement by giving them freedom and full control.

Will Quantum Computers Save Us From the Next Global Financial Crisis?

Copenhagen Fintech
Quantum computing has a number of potential applications in finance and it is drawing more and more attention, both in the financial sector and among researchers.

Finance Lags behind Other Sectors, but It Could Be the Solution for a Greener Future

Copenhagen Fintech
According to the director of the ­Sustainable Digital Finance Alliance, a new wave of ­green fintechs could help achieve the United Nations’ sustainability goals.

Three Payment Trends That Will Shape European Fintech

Copenhagen Fintech
The ever-evolving world of payments is probably one of the most exciting fields in the fintech industry. Technologies and regulations are constantly changing to keep up with consumer demands and new regulation - impacting all areas of the payments value-chain.

Banks Are Opening Themselves to Cross-Industry Collaborations

Copenhagen Fintech
In banks, innovation has traditionally occurred behind closed doors. Faster market penetration is calling on banks to cooperate with their partners and co-create innovative solutions.

The Future is Biometric

Copenhagen Fintech
“Biometric payments will ­become more widespread in the coming years. But in the future, payments will be completely ­invisible,” says Jesper ­Kildegaard Poulsen from Nets.