With our API solutions you get real-time information and access to our services wherever and whenever you need them. Our APIs enable you to automate manual routines, remove time lags and lower your risks.
When (not if) Open Banking becomes standard in Treasury
Open Banking has many benefits, and in this guest blog for Nordea, John Fahlvik, Manager FIS Practice at SkySparc, explains how it will benefit the life of the Treasurer and become a standard procedure in Treasury operations of the future: the Instant Treasury.
Open Finance: the next step on the journey towards Open Economy
Open Finance was first mentioned in the Digital Finance Strategy published by the European Commission in 2020. Since then, it has been a “buzz word” in the financial industry, creating both curiosity and concern. But what do we know about Open Finance at the moment?
The future role of banks – Finding new areas to stay relevant for society’s trusted pair of hands
2022 promises to be another year of turbo charged change in finance and technology. For banks facing an ever shifting environment driven by digitalisation, regulations, new players, standardisation initiatives and technical innovation, understanding where to stay relevant remains a key objective. Erik Zingmark, Head of Transaction Banking at Nordea, and Ville Sointu, Head of Emerging Technology at Nordea, met to discuss the exciting possibilities for banks that lie ahead.
Nordea’s Instant Reporting API helps RaskRask stay in great shape
‘Rask’ means healthy in Danish and the health and wellness company RaskRask has certainly seen healthy growth in recent years. With a rapidly increasing volume of bookings, RaskRask needed to automate their processes for reconciling incoming payments. Nordea’s Instant Reporting API was on hand to help the company reduce manual processes and offer more flexibility and less administration for customers and partners.
At Nordea’s annual Offline to Online digital event, Erik Zingmark, Head of Transaction Banking at Nordea sat down with Johan Trocmé, Director of Thematics in Investment Banking at Nordea, to discuss the latest developments in the rapidly converging worlds of finance & technology and the banking industry’s pragmatic approach to staying relevant both now and in the future.
Understanding the potential benefits of Open Banking
Ulrika Claesson, Head of Open Banking Community at Nordea, and Agnija Gailane, Community Manager - Open Banking Community at Nordea, were interviewed by Vlad Macovei from 'The Paypers' to discuss educating companies about Open Banking, the solutions being offered and the things fintech partnerships can bring to the table. As Open Banking becomes more understood, Nordic companies are actively identifying areas where APIs can bring value to their customers.
Join the API economy and take advantage of the new banking technology
The banking technology is evolving fast and the trend is going towards making more financial data accessible via APIs – and Nordea is in front, offering customers and partners to use our services in their preferred digital environment via our embedded finance solutions.
Automating beneficiary account validation with Wärtsilä
A new API based solution known as ‘Beneficiary Account Validation’ provides an effective way for companies to validate the bank account information of their international suppliers before changing payment instructions or adding a new supplier. Developed as the result of close collaboration between Nordea and Wärtsilä, the new service aims to reduce the risk of fraud by adding an extra layer of security to the account verification process.
The growth of embedded finance has seen an increasing number of financial operations enabled in the user’s own preferred digital environment. As a market leader in Open Banking, Nordea is heading the embedded finance charge by providing a growing selection of premium API solutions that can be embedded in external channels and applications.
Business strategy: Just “set it and forget it” — or dynamic and adaptive?
Taru Möller, Head of Transaction Banking Value Propositions at Nordea, discusses how the changing preferences of customers means companies should be looking to make their operations more dynamic and adaptive with real-time capabilities able to respond to shifting demands.