ZTL is one of five companies in Norway with a PSD2 license, but the only one focusing solely on business payments: – We call for Financial Supervisory Authority to come on board with more substantial measures so that the banks comply with the regulations. It’s going too slow, says Camilla Kamberg in ZTL Payment Solution.

The Danish fintech company Nordic API Gateway is launching a new platform that will give startups and small businesses the chance to offer open banking services without first becoming a payment company. An interesting idea, and maybe the best way forward regarding compliance: - Do the Financial Supervisory Authority want 100s of applications from startups or is it perhaps better to have a few to be regulated who have a clear responsibility? Ironically Nordic API gateway is partly owned by Danske Bank, where ZTL last week couldn’t test their API solution.

With the acquisition, the banks will take more of what they believe is an integral part of the corporate market. Sparebank 1 director Øyvind Aass says the bank wants to offer corporate customers banking and accounting services in the same solution, developing Uni Micro further.

At the beginning of next year, Sbanken expects to be integrated into almost all major accounting systems with their API going beyond the PSD2 requirements. 

CEO Jan Erik Kjerpeseth in Sparebanken Vest believes cost pressure will lead to more movement to ensure a competitive savings bank sector.

Sparebank 1 is bringing together all of their asset management and savings companies and ODIN Forvaltning into one company. The ambition is to win the battle for the Norwegian savings and investment market.

The most critical points in the EU decision are; an entirely new form of licensing for crowdfunding platforms, significantly stronger investor protection, and better opportunities to compare different platforms.

When Monner went through his investor portfolio, they found that among their 2956 investors, 85 percent are men and 15 percent women. We need to look at how we reach out better to women, Marius Dybdahl, commercial director of Monner, says.

Itera and DNX have created a trend report on the banking industry of the future. It’s a quick read going into chapters on blurred industry borders, data analytics, security, and our favorite chapter on the importance of unique user experiences.

Stripe is one of the most exciting fintech-companies in the world at the moment. (Have you btw seen their developer documentation? 👀 Go ahead even if you don’t code, I’ll wait). In the past year, Stripe has become one of the world’s largest purchasers of carbon-removal credits. Last month, it began allowing its customers—the businesses that use its payment software—to buy carbon removal as well.

Although New Jersey’s governor issued his desperate plea for COBOL programmers, later investigations revealed that it was the website through which people filed claims, written in the comparatively much newer programming language Java, that was responsible for the errors, breakdowns, and slowdowns. The backend system that processed those claims—the one written in COBOL—hadn’t been to blame at all.