Subscription based business models in corporate banking
With subscription business models spreading across nearly all industry verticals, the financial industry is often described as a laggard in this area. Jean-Francois Tapprest, Large Corporates & Institutions (LC&I) Business Innovation Lead at Nordea, analyses how a large part of the corporate banking business is already “subscription-like” and how banks can gain inspiration from modern subscription-based models.
Standardised Request to Pay services will drive fast and frictionless payments
Initiatives in the EU and Nordics are bringing standardised Request to Pay services closer to reality. By removing friction and delivering real time payment messaging functionality across the region, Request to Pay will offer a wave of new payment opportunities and help to make instant payments the norm.
The case for a central bank digital currency varies by country
As the pandemic has accelerated the shift towards digital payments, central banks are exploring whether to launch digital currencies. Norges Bank Deputy Governor Ida Wolden Bache describes the Norwegian central bank's ongoing research into an e-krone.
Cryptocurrency: Do your due diligence with extreme prejudice
Differentiating between legitimate areas and outright scams remains difficult when it comes to cryptocurrency, says Nordea's Head of Emerging Technologies, Ville Sointu.