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 is among the first banks in Sweden to offer Samsung Pay functionality to its customers.
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 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.
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, […]
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 […]
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 …
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.