Top fintech stories this week – 29 September 2017

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Catch up on Banking Technology’s top five fintech stories of the week – all in one place!

American private equity firm makes $5.3bn offer for Nets


In response to media speculation, Nordic payments processor Nets has confirmed that it has received a DKK 33.1 billion ($5.3 billion) takeover offer. Evergood 5, a newly formed firm controlled by funds managed and advised by American private equity firm Hellman & Friedman, has made a recommended voluntary takeover offer to acquire Nets – offering […]

Bankart and Nets to deliver new payments infrastructure to Slovenian banking sector

Slovenia 2

Bankart and Nordic payments processor Nets will provide the Slovenian banking sector with a new payments central infrastructure to handle both SEPA Credit Transfers (SCT) non-urgent and SCT instant credit transfers. The duo has signed an agreement where Nets will deploy and operate an instant payments solution for Bankart via Nets’ RealTime24/7 solution. The latter […]

Nets takes real-time P2P to mobile wallet Vipps


Nordic payments processor Nets has entered into a three-year partnership with Vipps, a mobile payment application provider in Norway, to deliver instant P2P payments to customers of all Norwegian banks partnered with Vipps, reports Paybefore (Banking Technology‘s sister publication). Users of Norwegian bank, DNB, primary stakeholder of Vipps, are already benefiting from instant payment transfers enabled […]

Nets and Sthaler team up for finger-vein enabled payments


London-based biometric tech vendor Sthaler is working with Nordic payments provider Nets to introduce finger-vein enabled payments to the consumer market in Europe.

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.

Payments round-up: 10 October 2016

Banking Tech 2

Wasting your time is a crime. Here’s a round-up of key events in the payments space. Absa has teamed up with South African start-up Walletdoc to let its Absa Rewards customers earn cash rewards each time they use Walletdoc to pay their monthly accounts. Walletdoc works by sending reminders when payments are due, notifying users […]

Nordic payments firm Nets to IPO

IPO for Nets

Nordic payments firm Nets has successfully IPO-ed on Nasdaq Copenhagen Exchange the tune of DKK 30 billion ($4.5 billion).

Infographics: real-time payments – the odyssey

Real-time payments infographics

Banking Technology, ACI Worldwide and Nets have joined forces to survey the global market about the highs and lows of its current journey towards real-time payments. From individual institutions’ readiness to key market drivers, obstacles and fraud concerns, and everything in between – survey participants from across the globe share their views.

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 […]