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Mobile banking service Lunar Way fearless for feeless travel

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Denmark-based mobile banking service Lunar Way has launched its travel card – and the chance to experience the world without fees. Its newest feature, called the Lunar Way Travel Card, is its attempt to stand out in a world of roaming charges. Lunar Way says: “One area where the consumer has always been stung is […]

Nordea and Danske Bank being investigated for money laundering

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Nordea is now keeping people informed about an ongoing investigation by the Danish Prosecution Service into its alleged anti-money laundering (AML) violations. By way of recap, it follows criticism by the Danish Financial Supervisory Authority (DFSA) in June 2016 regarding AML transgressions by Nordea Bank Danmark. According to Danish newspaper Berlingske, the money laundering involves […]

Danes gain easier mobile way to pay for groceries

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Dankort, the national debit card of Denmark, has made shopping easier for consumers using iPhones, reports Paybefore (Banking Technology‘s sister publication). The updated Dankort mobile payments app enables consumers to make payments from their locked screens while shopping at stores operated by the Dansk Supermarked Group, whose brands include Netto, Føtex, Bilka and Salling. For […]

Saxo Bank releases new developer portal for open banking

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Denmark’s Saxo Bank has released its new developer portal as it looks to strengthen its involvement in open banking. The portal provides technical documentation, reference guides, sample code and interactive tools. With the release, Saxo has made its trading infrastructure available to third-party developers, fintechs, vendors and partners, enabling them to connect to its trading […]

Bokis in mobile payments first with Dankort card

Members of a Danish banking collective, Bokis, have become the first in the country to offer mobile payments using Dankort, the national debit and credit card. Bokis includes 62 banks that form the small to mid-sized banks segment of Lokale Pengeinstitutter (the Association of Local Banks, Savings Banks and Co-operative Banks in Denmark), together with […]

Copenhagen Fintech opens doors

Fintech comes to Copenhagen

Copenhagen Fintech, a collaborative venture between the Danish Bankers Association, Financial Services Union Denmark, and the City of Copenhagen, has officially opened for business.

Nets warns of massive credit card hack in Denmark

Cyber crime

Danish payment processor Nets has warned local banks of a possible data breach and advised them to block up to 100,000 credit cards.

Nets’ mobile wallet gets nod from Danish banking collective

Denmark's Saxo Bank has boosted its mobile trading app

Nordic digital payments firm Nets has been selected by a Danish banking collective to launch a new NFC mobile wallet solution. The collective, known as the Bokis partnership, includes 62 banks that form the small to mid-sized banks segment of Lokale Pengeinstitutter (the Association of Local Banks, Savings Banks and Co-operative Banks in Denmark), together […]

New mobile banking service, Lunar Way, to launch in Denmark

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A new mobile banking service in Denmark, Lunar Way, is gearing up for launch as it has secured a local partner, Københavns Andelskasse (Copenhagen Cooperative Bank). Lunar Way is itself not a bank, but is a provider of digital financial services, similar to Simple or Moven. Its model is to partner with established banks (that have […]

Interview: Stig Korsgaard, Nets Denmark

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Stig Korsgaard, Engagement Director, Payments, at Nets Denmark, talks to Banking Technology editor David Bannister about how the recently-created Danish real-time payment systems shows that banking industry can collaborate to create an infrastructure on which new competitive services can be built.

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