Håkan Nyberg

Lunar's modernisation with Vault Core has redefined the traditional Nordic banking experience. We sat down with Sebastian Sommer Akselsen, Head of Accounts, Core Banking at Lunar, to discuss their journey with Vault Core and progress in building a scalable, modern technology stack that will support millions of customers and transactions. Read the full case study here: https://lnkd.in/eKm_Qr4C #cloudnativecorebanking #corebanking #coremodernisation

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Why Age Matters: Mads Pedersen's Fresh Take on Venture Capital "Mads Pedersen, a 23-year-old partner at Figment Capital (a $60 million fund), is challenging this notion. He believes that his age and digital background actually give him an edge in connecting with tech startups, of which the average founder is just 34 years old. Learn more about Pedersen's journey, his achievements, and how his youth is both a challenge and an advantage in venture capitalism — especially within the Web3 and cryptocurrency space." https://lnkd.in/dGTBSUQs #fintech #finance #banking #paytech #payments #fintechnews #paymentsnews

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As a banking provider, you may be facing some of these challenges in your customer onboarding process. Learn which challenges we've pin-pointed, and how to solve them, here: https://lnkd.in/d-hQ3A7Y

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Creating Norway's best digital lending process: #TietoevryBanking helps OBOS-banken to streamline its loan applications, aiming for efficient and fully automated digital processing, and an enhanced user experience. Read more about the extended agreement with OBOS Bank: https://bit.ly/3zgzm0a

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Nordic banking: Lunar Bank’s strategic leap forward: https://lnkd.in/dgn7mbkb In 2023, #LunarBank made waves in the European digital banking scene, showcasing remarkable growth and strategic innovation. Despite some financial hurdles, Lunar's efforts have set a new standard in the #NordicBanking industry. 🔸 Innovative account tier system: Early in the year, Lunar revamped its consumer and business account offerings, resulting in a 45% increase in subscription-based revenue. This move, alongside enhancements like multi-owner business accounts, underscores Lunar's commitment to flexibility and entrepreneurial support. 🔸 Cutting-edge #BankingServices: Investing in state-of-the-art infrastructure paid off with the launch of Lunar’s banking services. This rollout attracted significant market interest and led to numerous new contracts, highlighting the demand for innovative banking solutions. 🔸 AI-powered customer experience: The beta launch of Lunar's #AI Co-pilot is a testament to the bank's dedication to leveraging technology for superior customer service and operational efficiency. 🔸 Impressive financial metrics: #Lunar reported an 83% surge in net revenue, driven by a growing customer base and optimized fee structures. Despite reduced operational costs, the bank continues to work towards #profitability, buoyed by a robust customer growth to 850k and a capital influx of €50.9m in 2023. Looking ahead to 2024, Lunar is focused on harmonizing its product offerings across the Nordics to meet local needs and drive long-term profitability. Challenges like the legal battle over the failed Instabank ASA acquisition persist, but Lunar's resilient management remains optimistic. Stay tuned for more insights and updates on digital banking trends! #CInnovation #DigitalBanking #CInnovation #FintechInsights #FintechInnovation #DigitalBanking #FinanceInsights #BankingRevolution #DigitalTransformation #BankingInnovation #FinancialGrowth #Finance #Banking #NeoBanking #FinancialServices #Fintech #BankingNews #TechInFinance #FinancialNews

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SEB Embedded Goes Live Together With Thought Machine to Drive BaaS Innovation Emelie Eriksson (fd Magnusson), Head of SEB Embedded, comments: “With Vault Core, SEB Embedded aims to transform banking by seamlessly integrating excellent financial products into customers’ daily lives. Our long-standing partnership with Thought Machine, a technology leader by the highest standards, has empowered us to rapidly innovate and bring new solutions to market faster than ever before. We’re proud to be experts in their technology, which makes product development easier and more agile.” https://lnkd.in/evkuVTsG Ciara S Asif F. Paul Taylor Wedian Warwick-Smith Craig Morgan Fredrik Robertsson Lund Lena Edström Janitha Samarasinghe #fintech #finance #banking #paytech #payments #fintechnews #paymentsnews

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By considering non-bank lenders, brokers can better meet diverse client needs and stay ahead in a competitive market. Gerard Hansen, Principal at FinVu, discusses how expanding your lending options beyond traditional banks can lead to new opportunities to help your clients succeed.

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🚨 Insider scoop from #NFW24: While many banks are still searching for how to harness the full potential of Open Banking, Monthio is already making it a reality. We’re the missing piece they’ve been looking for. At #NFW24, Danske Bank  highlighted how Monthio has been integral to transforming their approach. As Christian Bornfeld shared, today’s customers demand: convenience, a holistic approach, personalization, and proactivity. And with Monthio, they’re able to deliver on those promises seamlessly. Together, we’re raising the bar for what’s possible in finance. #OpenBanking #FintechInnovation #DanskeBank #FutureOfFinance

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Open Banking is the Open Blue Ocean yet to be fully tapped by European Fintech Startups. How do we really get open banking in people's hands - in their apps, digital shops and service providers? Meet the CEO and Founder of Neonomics - Christoffer Andvig who's steering the company into a provider of its own league. 💪 Chris is a serial entrepreneur with worldwide expertise in finance and the credit industry. He's is a thought leader in #Blockchain and distributed ledger technology (DLT) in banking. Neonomics is charting a path of progress and innovation with several strategic milestones: 👉 By partnering with PERX Folkefinans, Neonomics is revolutionizing peer-to-peer lending with secure, efficient open banking payments. 👉 In collaboration with Worldline, Neonomics is expanding its data aggregation and payment services across the Nordic region and Europe. 👉 The innovative strides at Neonomics were recognized with the Fintech Finance 2022 Open Banking Award. 🗓️ Meet Christoffer Andvig for his keynote presentation and top-notch insights at the #NordicFintechSummit on May 16 in Helsinki, Finland! 🎟️ Tickets and partnerships - link in comments: #OpenBanking #Fintech #DigitalBanking #DigitalPayments #HelsinkiFintech

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Reykjavik Fintech Cluster has supported Iceland’s growing fintech ecosystem for five years. Recently, Gunnlaugur Jonsson, CEO of Reykjavik Fintech Cluster, urged Iceland’s legacy banks to collaborate with fintechs or risk being "disrupted into oblivion." He highlighted the crucial need for banks to embrace innovation and partner with fintechs for mutual success. Interested in exploring Iceland’s fintech scene firsthand? Book a visit to Reykjavik Fintech Cluster through our website! https://lnkd.in/ewbWWJyb #IcelandBusiness #Fintech #InnovationTours #DigitalTransformation, Tech.eu, John Reynolds

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#Climateaction #fintech #Deedster secures SEK 50 million investment #financialservices #fintech #banks #banking #payments #ecommerce #digitaltransformation #Money2020EU #FintechLive https://lnkd.in/efQxBHdf

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The financial ecosystem is evolving, offering more nuanced and diverse options for consumers. With new tech platforms, customers now research loan options in advance, making the advisor-customer relationship more of a partnership. “It is a daily reality that banks must be prepared to handle, and it is a reality that places entirely new demands on the customer advisors," says Peter Smith, Head of Scoutz, our new development hub. Scoutz, Northern Europe’s largest Salesforce competence center, was created to help banks face this reality. Scoutz has increased agility, allowing new technological solutions to be brought to the banks more quickly, enabling them to better serve consumers. Think this sounds like bragging? Well, it’s not our words, it’s the words of bank director John Lundsgaard from Spar Nord. If you don’t believe us, read the article 😁👇 https://lnkd.in/dePF5azp

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📢 Join Christoffer Andvig, chief executive officer of Neonomics, for a presentation on 📈 Nordic versus UK banking innovations at #OBExpo UK & Europe in London. During the presentation on the Payments & Retail Stage, Christoffer will explore account-to-account banking, open landscape trends and advances in variable recurring payments. He’ll dive into: 👉 The factors behind A2A adoption in the Nordic region 🇫🇮🇸🇪🇳🇴🇩🇰 👉 The growth story behind the rise in B2C Open Banking 👉 Practical insights on account information data management 👉 How a decrease in the percentage of card payments has shifted the revenue landscape 👉 And areas of divergence in Open Banking and A2A adoption, even across the Nordics 🌟Don't miss out! 🌟Register now to secure your spot at Open Banking Expo UK & Europe on 15-16 October in London 🎟️ 👉 https://lnkd.in/dsMKcmSR #OpenBanking #payments #Nordics #OpenFinance #recurringpayments

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Read about some of the biggest additions to our Clearing House Payments solution in this latest blog straight from the desk of Payments Product Manager, Rinske van der Bijl: https://lnkd.in/ds4dBtf5 #ModernisedPayments #PaymentsTechnology #Payments

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How does PayLead ensure eligible transactions are rewarded just once, despite the possibility of subscribed bank clients sharing transactions with our fintech partners also offering cashback? 🤔 Go beneath the surface of our platform and understand how Pierre-Louis DANIEAU and the data team developed a solution to avoid this scenario 👇

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SME Banking Trends Discussed at Stockholm Di BankTech Conference: A Push for Efficiency and Innovation On November 14, 2024, industry leaders gathered in Stockholm to tackle the evolving needs of small and medium-sized enterprises (SMEs) within the banking sector. The conversation spotlighted how financial institutions can optimise their services for SMEs amidst growing competition from fintech disruptors. The Critical Role of IT Systems A representative from nCino underscored the necessity of modern, efficient IT systems to provide SMEs with seamless, responsive banking solutions. The representative noted that many central banks in Europe and globally have recognised the urgency of enhancing operational efficiency to remain competitive. With new market entrants leveraging cutting-edge technology, traditional banks face mounting pressure to modernise their infrastructure and improve service delivery. Shifting Priorities in Banking Adding to the discussion, a speaker from a central European bank acknowledged that the industry has historically prioritised streamlining and automating retail banking operations. However, with much progress achieved in private banking, attention is shifting toward business banking, particularly SMEs. The speaker revealed plans to implement similar efficiency measures in SME banking, emphasising the need to cater to this critical segment with greater focus and precision. Separate Systems for Private and Business Banking? The debate also discussed whether banks should deploy separate private and SME banking IT systems. nCino strongly advocated for distinct systems, referencing successful implementations in other global markets. The argument is rooted in the unique requirements of SME clients, which differ significantly from those of individual retail customers. Challenges for Major Banks IT consultancy firm Mynt highlighted a significant hurdle for established banks: their reliance on many legacy systems. While newer players benefit from more straightforward and more flexible platforms, traditional banks must contend with the complexities of integrating and replacing outdated systems. However, Mynt acknowledged that central banks have made impressive strides in structuring and cleaning their extensive datasets—an essential step toward automation and IT transformation. The Efficiency Imperative The conference concluded on a shared understanding: efficiency is no longer optional but a cornerstone of modern banking success. An efficient bank with high productivity is better positioned to serve its customers and create value for employees and shareholders. The clear message to financial institutions was to embrace technology and innovation as tools to sustain their relevance and competitiveness in a rapidly changing market. As SME banking continues evolving, the conference emphasised that technology-driven efficiency is the key to unlocking better outcomes for banks and their clients. #DiBankTech #SwedishSME #Ncino #Mynt

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