Nordic Payments Area – P27

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EBAday 2021: The road to payments transformation

/payments

EBAday 2021: The road to payments transformation

After the success of EBAday 2020, the event will again run in digital format on 28-30 June 2021 for its sixteenth year, welcoming a host of board directors, chief executive officers and payments and technology heads from Europe’s leading banks.

Nordic change is in the air for 2021

/payments

Nordic change is in the air for 2021

As part of Finextra’s Predictions Series for 2021, Hannah Wallace spoke to Erik Zingmark, Nordea’s head of transaction banking to unpack some of the leading trends he expects to see throughout 2021.

EBAday 2020: It’s do-or-die time for real-time payments

/payments

EBAday 2020: It’s do-or-die time for real-time payments

Launching into the session ‘Reaping the potential of real-time payments’, Dean Wallace, director of real-time payments, digital and request to pay, ACI Worldwide argues that the expectations of the market will only continue to evolve, pressuring financial institutions to finalise their real-time payments (RTP) strategy.

EBAday 2020: Batch processing gives way to the instant payments revolution

/payments

EBAday 2020: Batch processing gives way to the instant payments revolution

At EBAday 2019 in Stockholm, Deutsche Bank’s Koral Araskin highlighted that if instant payments is the new normal, banks will heavily depend on cash buffers to cover all payment flows - even those which come outside of normal working hours. "Is this really meaningfully achievable?" he pondered last year. The events of 2020 and the impact of Covid-19 have truly shown that it must be achievable.

Can RtP offer the agile approach needed in the post-Coronavirus recovery?

/payments

Can RtP offer the agile approach needed in the post-Coronavirus recovery?

As the world recovers from the Coronavirus pandemic, it is assumed that financial institutions and other businesses will need to adopt new ways of working to navigate what is said to be one of the worst economic downturn in recent years.

From hypotheticals to reality: P27 cogs are well and truly turning

/payments

From hypotheticals to reality: P27 cogs are well and truly turning

Regulatory, technical, logistic, connectivity, and political challenges aren’t enough to slow the progress of P27. During their latest NextGen Nordics webinar by Finextra, industry players from across the European payments landscape joined to discuss the key factors impacting the project at present.

P27 acquires Bankgirot, the Swedish mass payment clearing house behind Swish

/payments

P27 acquires Bankgirot, the Swedish mass payment clearing house behind Swish

P27 Nordic Payments Platform has today announced the acquisition of Bankgirot (Bankgirocentralen BGC AB), Sweden’s only clearing house for mass payments.

P27 on track as Norway commits further and community banks are brought into the fold

/payments

P27 on track as Norway commits further and community banks are brought into the fold

A 40-plus priority project plan in full swing, Norway once again close to proceedings and ongoing discussions with all four countries’ financial authorities, project P27 is very much on track, P27 CEO Lars Sjogren assures, in a frank and candid interview with Finextra

The Covid-19 scramble diverting attention away from real-time payments

/covid-19

The Covid-19 scramble diverting attention away from real-time payments

Adrian Mountstephens of Equinix believes that the Covid-19 pandemic will put the brakes on real-time payments rollouts as companies focus their attention and resources elsewhere.

Quality over quantity: A vital motto for Open Banking expansion

/Nordic Payments Area – P27

Quality over quantity: A vital motto for Open Banking expansion

Notching up eye-watering numbers of APIs is not a valuable metric for success. A creeping, deep-rooted growth strategy is vital for successful expansion in Open Banking says Rune Mai, CEO and co-founder of Nordic API Gateway.

P27 Momentum: 5 key takeaways

/payments

P27 Momentum: 5 key takeaways

Payments professionals came together at the Grand Hôtel in Stockholm this week for NextGen Nordics: P27 Momentum. While Sweden has become a pioneer for the cashless society, as the first real-time and batch multi-currency platform, P27 is expected to revolutionise the future of payments. Here are the five key takeaways from the event ahead of the launch in early 2021.

P27 Momentum: Key milestones for stakeholders in 2020 and beyond

/payments

P27 Momentum: Key milestones for stakeholders in 2020 and beyond

Henry Ohlsson, deputy governor, Riksbank kept Nordic payments professionals entertained during NextGen Nordics: P27 Momentum during his session on the role of the central bank in a changing environment.

P27 Momentum: Challenges for creating a pan-Nordic payment region

/payments

P27 Momentum: Challenges for creating a pan-Nordic payment region

While banks, businesses and customers operate across the Nordics, infrastructure remains national. At NextGen Nordics: P27 Momentum, executive advisor at Nordea Johanna Lybeck-Lilja continues discussion on the pan-Nordic clearing system to be launched in early 2021 and reiterates that while the region has a long history of cooperation, the cross-border challenge has not been solved.

P27 Momentum: Collaboration is crucial for cross-border payments

/payments

P27 Momentum: Collaboration is crucial for cross-border payments

Driving community discussion on P27, payments professionals from across the Nordic region are gathering in Stockholm for NextGen Nordics: P27 Momentum to reflect on how this project will deliver a pan-Nordic clearing platform to settle domestic and cross-border multiple currencies.

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