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Finland pioneers digital passports to streamline travel

News | Digital Identity, Security & Online Fraud | 05 Sep 2023

Finland has commenced a testing phase for its new digital passports in a bid to make international travel simpler and more secure.

digital identity, identity verification, product launch, facial recognition

Mangold Fondkommission partners with Crosskey

News | Online & Mobile Banking | 28 Aug 2023

Sweden-based Mangold Fondkommission has signed an agreement with Crosskey to integrate the latter’s SaaS-based service for Wealth Management and Capital Markets.

banking, fintech, SaaS, partnership, financial institutions

Digital Euro might become legal tender

News | Cryptocurrencies | 10 Nov 2021

Digital currencies planned by major central banks have the change to become legal tender in their jurisdictions, according to officials studying such initiatives.

CBDC, digital currency, central bank, digitalisation, stablecoin

PPS powers Finland-based challenger bank Talenom

News | Online & Mobile Banking | 30 Apr 2021

PPS, formerly PrePay Solutions and an Edenred company, has announced a new partnership with Finland-based accounting company Talenom.

challenger bank, partnership

New report: debit, biometrics and faster refunds are vital to meet shopper expectations

Voice of the Industry | Online Payments | 24 Mar 2021

William McMullan of Trustly points out the results of their survey which shows how checkout factors like payment types, authentication, and the refund process can influence consumers’ buying process

report, biometrics, ecommerce, merchants, refund, coronavirus, Open Banking, digital payments

Holvi leaves UK following Brexit and Covid-19 uncertainty

News | Online & Mobile Banking | 13 Aug 2020

Finland-based challenger bank Holvi has announced plans to officially exit the UK market on 31 October 2020, a date that echoes the UK’s initial departure date from the EU. 

Holvi, UK, United Kingdom, Brexit, COVID19, EU, coronavirus, regulatory landscape, fintech, MasterCard, Holvi accounts, SME, digital bank, challenger bank, Finland, Berlin, Helsinki

Project aimed at making invoice payments for seniors

News | E-invoicing, SCF & E-procurement | 17 Jun 2020

City of Helsinki Financial Management Services (Talpa) with Finance Finland (FFI) has completed a six-month pilot project to find ways to make the switch to e-invoicing easier for senior citizens. 

invoices, City of Helsinki Financial Management Services, Talpa, Finance Finland, FFI, e-invoicing, payments , Helsinki Elderly Citizens Council, City of Helsinki’s Senior Info, Kamppi, Kaapeli Media Center, banks

Why B2B ecommerce needs to replicate the B2C experience – Enterpay

Interviews | Ecommerce | 06 May 2020

Jarkko Anttiroiko, Enterpay: Our mission is to make B2B ecommerce customer experience just as good as in B2C ecommerce

Jarkko Anttiroiko, Enterpay, B2B ecommerce, fintech, credit management, invoicing, finance, payments , merchants, online trading, coronavirus, B2B payments, banks, payments services

Klarna to open Tech Hub in Berlin

News | Payments General | 16 Dec 2019

Sweden-based payment provider Klarna has announced its plans to open a tech hub for more than 500 employees in Berlin in 2020.

Klarna, Sweden, Germany, tech hub, expansion, Payment Service Provider, online payments, Klarna Card, open banking platform, global authentication platform, payments , financial technology

Helsinki launches initiative to boost electronic public service payments

News | E-invoicing, SCF & E-procurement | 15 Nov 2019

The public authority for Finland’s capital city, Helsinki, has launched an initiative to encourage elderly residents to pay bills electronically.

Helsinki, Finland, electronic invoicing, e-invoicing, public sector payments, Finance Finland, FFI, electronic public service payments, Europe, e-billing, electronic bill

Worldline supports UnionPay and Alipay acceptance at Budapest Airport

News | Payments General | 30 Sep 2019

Worldline, a European market leader in payment and transaction services, has introduced its acquiring services for the Chinese tourists’ favourite payment brands at Budapest Airport.

Worldline, UnionPay, Alipay, Budapest Airport, mobile payments, Chinese tourists, Hungary

Frances Finance Minister calls for EU rules on virtual currencies

News | Cryptocurrencies | 13 Sep 2019

France’s Finance Minister Bruno Le Maire has said the European Union should introduce a common set of rules to govern virtual currencies, which are now mostly regulated at national level.

Finance Minister, Facebook Libra, virtual currencies, France, cryptocurrency, Europe, common framework

Basware launches maturity services for source-to-pay processes

News | E-invoicing, SCF & E-procurement | 12 Apr 2019

Finland-based e-invoicing company Basware has introduced Maturity Services, a new assessment tool for Basware customers.

Basware, e-invoicing, product launch, Maturity Services, Finland, Europe, accounts payable automation, source-to-pay, e-procurement, business process automation

Basware to handle e-invoicing for McService Germany

News | E-invoicing, SCF & E-procurement | 21 Nov 2018

Finland-based e-invoicing provider Basware has signed an agreement with Germany-based purchasing association McService.

Basware, partnership, product integration, McService Germany, Germany, Europe

OP Financial Group to pilot facial recognition payments

News | Digital Identity, Security & Online Fraud | 13 Sep 2018

OP Financial Group has announced that it will pilot facial recognition payments first at the company’s staff restaurant in OP’s premises in Helsinki. 

OP Financial, facial recognition, biometrics, Finland

Finland: Alipay users can make all payments with their smartphones

News | Mobile Payments | 02 Feb 2018

Finland has become the first country outside China where Alipay users can make all payments with their smartphones.

Alipay, Finland, China, Europe, online payments, mobile payments

CloudTrade, OpusCapita team up

News | E-invoicing, SCF & E-procurement | 16 Jan 2018

CloudTrade and OpusCapita team up to offer a new e-invoicing solution to purchase to pay and order to cash customers. 

CloudTrade, OpusCapita, e-invoicing, purchase-to-pay, Order-to-Cash

Finnair tries out Alipay for in-flight shopping

News | Online Payments | 30 Jan 2017

Finnair is ready to offer travelers the chance to pay for in-flight shopping and services with Alipay.

Finnair, Alipay, in-flight, shopping, Travelers, services

P2P mobile payment app Tapp raises USD 9 mln to strengthen operations in Southeast Asia

News | Mobile Payments | 13 Jun 2016

Finland-based mobile payment app Tapp Commerce has raised USD 9 million to expand its operations in Southeast Asia for users without a bank account or credit card.

P2P, mobile payments, Tapp Commerce, Southeast Asia, financial inclusion

Gemalto to roll out mobile ticketing app to assists Finnish transport

News | Mobile Payments | 03 Jun 2016

Gemalto has developed a mobile app-based ticket for the greater Helsinki area through its Netsize Transport Ticketing offer.

Gemalto, mobile ticketing, carrier billing, mobile payments