SEBRSS

SEB and Nasdaq working on blockchain prototype for Swedish mutual fund market

sweden flag 1

Swedish financial services group SEB and Nasdaq are working on a joint project to test a developed prototype for a mutual fund trading platform based on Chain’s blockchain ledger. The aim is to increase efficiency in the processing of purchases and sales of fund units and to create a unit ledger – an area which […]

Sweden’s SEB selects CGI for trade transaction action

SEB 1

Swedish financial services group SEB has selected Canada-based CGI’s Trade360 solution for trade finance and emerging digital technologies, such as blockchain. CGI Trade360 is a cloud-based transaction platform and includes a portal for end-to-end transaction management, including regulatory compliance. SEB is the first bank headquartered in Europe that will implement the solution. Robert Pehrson, head […]

SEB supports Samsung Pay in Sweden

Samsung Pay comes to Sweden

SEB is among the first banks in Sweden to offer Samsung Pay functionality to its customers.

SEB to consolidate investment management ops with Simcorp Dimension

Simcorp signs large deal with SEB

Sweden-based financial services group SEB has selected Simcorp Dimension as its new back office platform for transaction processing, reconciliation, settlement, accounting and derivatives processing.

SEB and Ripple to build real-time payments system on blockchain

Paula da Silva, SEB

SEB has teamed up with blockchain specialist Ripple to enable SEB customers to make real-time transfers between SEB accounts in Stockholm and New York. This is “the first step” of a larger blockchain-based payments project.

SEB deploys IPsoft’s virtual agent, Amelia, for customer facing ops

The robots are coming...

SEB will be the first bank to use IPsoft’s cognitive technology for customer-facing operations in the Swedish language. The artificial intelligence (AI) solution, known as Amelia, will be integrated into the front-office set-up at SEB by the end of this year.

SEB in Norway live with ERI’s Olympic core banking system

First live site for private banking software vendor ERI in Norway

Private banking software vendor ERI has completed the implementation of its flagship core system, Olympic, at SEB in Norway. This is the vendor’s first site in the country. Olympic manages SEB’s onshore private banking business and associated transaction processing for Norway. The project commenced in 2013. SEB – already a long-standing Olympic user in Luxembourg, […]

SEB invests $4m in blockchain payment provider Coinify

Coinify

Danish blockchain payment service provider Coinify has raised $4 million in series A investment round from SEB Venture Capital, an entity within the SEB Group and SEED Capital Denmark. Mark Højgaard, co-founder and CEO of Coinify, says it plans to use the investment to sustain its position in Europe and “expand” its blockchain payment and […]

Taking care of business

Paul Fox

With a string of client projects in flight, the immediate effects of the financial crisis weren’t a problem for Dublin-based Information Mosaic, but as projects that had run for two or more years started coming to an end, things got a little tougher. Fortunately, the company has one major shareholder that has both funds and a long-term view …

Keeping the customer profitable

F3

Separating customer billing from core systems can have dramatic effects on the bottom line – a study by Boston Consulting Group at one bank found that 17% of clients were unprofitable.

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