Eika Alliance, one of the largest players in the Norwegian financial market, with almost a million customers, has partnered with Oberthur Technologies to launch of the first dual payment card certified by BankAxept. This is the first step for an acceleration of the rollout of contactless payment in Norway. OT’s dual payments card leverages INTERAC…
Scandinavia’s Nets is on-boarding Nordic issuer portfolio’s in credit cards and sales finance onto WAY4, the e-payment processing framework developed by OpenWay. Card portfolios of five banks in Finland, Norway and Denmark are already being processed on WAY4 and soon also the migration in Sweden will be completed. For now the payment transactions of more…
Norway-based Zwipe and Sweden-based Fingerprint Cards have inked a strategic partnership. The companies will take a leading role in developing the market around biometric smartcards in the payment industry and carry out joint activities and industry thought leadership. Zwipe has developed and introduced the World’s first biometric system that fits into a standard credit…
Norway’s Telenor, TeliaSonera and Tele2 have selected the Amdocs Mobile Financial Services solution to advance their Strex joint venture for mobile payments. Mobile financial services are already very popular in Norway, with Strex handling more than 75 million SMS-based payment transactions annually.
Norway’s Promon has inked a deal with Skandiabanken to integrate Promon Shield security technology into the bank’s new mobile banking service. Skandiabanken becomes the first Norwegian bank to introduce the extra layer of protection for their mobile banking service.
Powa Technologies has partnered Teller card payment acquirer, to introduce PowaTag payment technology to Teller’s client base of 94,000 merchants operating in more than 20 European countries.More than 385 global brands including Electrolux, Carrefour and Universal Music have adopted the Powa solution to improve their customers’ purchasing experiences. Powa attracted international attention when it received a world record $96.7 million in a Series A funding round, in recognition of its potential to become a dominant force in the mobile payment solutions sector. PowaTag is being described by many industry experts as a game changer; by combining capabilities which include instant mobile commerce and Bluetooth geo-location, it allows customers to make payments with a click of their smartphones, via printed tags, printed media, billboards and even TV and radio broadcasts.
Nordea has selected iZettle to be its provider of mobile point of sale (mPOS) solutions in Sweden, Norway, Denmark and Finland. Under the cooperation agreement Nordea will promote iZettle mPOS solutions to the bank’s small business customers on its website nordea.com and in its 800 branch offices throughout the Nordic region. iZettle started in 2011 offering an easy way to take card payments. Now small businesses also come to iZettle for tools to grow their business: from a complete point of sale solution, to free sales overview tools like reports and graphs to spot sales opportunities and identify loyal customers.
Aconite smart card issuing and processing solutions is deploying its “Aconite” PIN Manager at Nets card payments processor. Nets needed a PIN management solution that would deliver improved customer service and cost savings to their card-issuing clients. Aconite PIN Manager enables competitive differentiation by moving away from the more expensive and risk-prone paper PIN mailers to secure electronic PIN delivery methods. Nets also wanted to simplify operational management, ease compliance and reduce complexity. Aconite PIN Manager is a highly secure PIN management system that delivers a range of features that can be combined or implemented individually to meet specific organisational requirements and priorities. The features of Aconite PIN Manager include electronic PIN delivery, PIN generation, secure PIN storage, PIN verification and synchronisation of EMV Offline PIN across cards and hosts.
Equens was elected by the Finnish OP-Pohjola Group as new card processing partner. Both parties signed a long-lasting contract for card services.It is highly exceptional that a bank actually acts upon the SEPA European level playing field by switching from processor. With OP-Pohjola as new client for card-related processing services Equens will create a clear footprint in the Northern European cards market. Expectations are that the first card transactions will be processed in Q4 2014. OP-Pohjola already had an agreement with Equens for the processing of SEPA payments as well as their regular cross-border euro payments since 2008. With this new agreement OP-Pohjola Group will also entrust their debit and Visa Electron card processing to Equens. Equens card and payment processor processes 10.4 billion payments and 4.4 billion card transactions, operating over 61 million payment cards, 873,000 payment terminals and 21,000 ATMs.
Adyen announced that Shuttle, its innovative payment solution enabling businesses to accept payments on-the-go from Android or iOS mobile devices at the point-of-sale (mPOS), is now available in 17 European countries following recent launches in Switzerland, Norway and Denmark. Shuttle became the first fully EMV (Europay, MasterCard, Visa) compliant mPOS device available in Europe last year, delivering payment acceptance via smartphones or tablets through a Bluetooth connection. The recent additions of Switzerland, Norway and Denmark, means that Adyen can now offer its mPOS solution in 17 European countries. Shuttle is also available in Austria, Belgium, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, The Netherlands, Portugal, Spain, Sweden and United Kingdom.
YourCash payment technology business offering ATMs and cash management solutions inked a new partnership with Evry, a leading Nordic IT-services provider. EVRY is the largest IT Company in Norway and the second largest IT Services company in the Nordic region, providing extensive technology services to Norwegian and Nordic companies, financial institutions, national public sector entities and health authorities. EVRY has developed a range of innovations that have transformed and simplified the way people access services across society including banking and payment services.
YourCash UK payment technology business offering ATMs and cash management solutions in the UK and Europe is pleased to announce its intentions to enter a new partnership with Evry, a leading Nordic IT-services provider. EVRY is the largest IT Company in Norway and the second largest IT Services company in the Nordic region, providing extensive technology services to Norwegian and Nordic companies, financial institutions, national public sector entities and health authorities. EVRY has developed a range of innovations that have transformed and simplified the way people access services across society including banking and payment services.